The world’s economy will return to normal faster if everyone in the world has access to an eventual coronavirus vaccine, said World Health Organization Director General Tedros Adhanom Ghebreyesus on Thursday.
The vaccine, when it’s discovered, should be made available as a public good, he said.
He was speaking in an online panel discussion with members of the Aspen Security Forum in the United States moderated by the NBC network.
Several countries, including the U.S., U.K. and Canada, have signed deals with pharmaceutical companies to receive their own supplies of vaccines when they are approved for use.
Story continues below advertisement
WHO emergencies director Michael Ryan, when asked about a proposed Russian vaccine, told the panel that what was needed now was to ensure any vaccines are safe and effective.
Ryan also said authorities should be able to demonstrate the efficacy of a coronavirus vaccine via traditional clinical trials rather than “human challenge” studies.
He was referring to the intentional exposure of vaccinated volunteers to a virus to see whether the vaccine works. Testing vaccines in areas with high rates of infection can help to avoid this kind of trial, he said.
2:05 Canada inks deals to secure millions of coronavirus vaccine doses
Canada inks deals to secure millions of coronavirus vaccine doses
Tedros also told the panel that U.S. leadership and support on public health had saved many lives. He said the Trump administration’s recent withdrawal from the WHO was not over money but rather the U.S. relationship with the U.N. agency, saying he hoped Washington would reconsider its stance.
Trump said in a radio interview on Thursday it was possible the United States would have a coronavirus vaccine before the Nov. 3 election — a more optimistic forecast than timing put forth by his own White House health experts.
TORONTO – Strength in the base metal and technology sectors helped Canada’s main stock index gain almost 100 points on Friday, while U.S. stock markets also climbed higher.
The S&P/TSX composite index closed up 93.51 points at 23,568.65.
In New York, the Dow Jones industrial average was up 297.01 points at 41,393.78. The S&P 500 index was up 30.26 points at 5,626.02, while the Nasdaq composite was up 114.30 points at 17,683.98.
The Canadian dollar traded for 73.61 cents US compared with 73.58 cents US on Thursday.
The October crude oil contract was down 32 cents at US$68.65 per barrel and the October natural gas contract was down five cents at US$2.31 per mmBTU.
The December gold contract was up US$30.10 at US$2,610.70 an ounce and the December copper contract was up four cents US$4.24 a pound.
This report by The Canadian Press was first published Sept. 13, 2024.
OTTAWA – Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.4 per cent to $82.7 billion in July.
The increase came as sales in the miscellaneous subsector gained three per cent to reach $10.5 billion in July, helped by strength in the agriculture supplies industry group, which rose 9.2 per cent.
The food, beverage and tobacco subsector added 1.7 per cent to total $15 billion in July.
The personal and household goods subsector fell 2.5 per cent to $12.1 billion.
In volume terms, overall wholesale sales rose 0.5 per cent in July.
Statistics Canada started including oilseed and grain as well as the petroleum and petroleum products subsector as part of wholesale trade last year, but is excluding the data from monthly analysis until there is enough historical data.
This report by The Canadian Press was first published Sept. 13, 2024.
TORONTO – Canada’s main stock index was up more than 150 points in late-morning trading, helped by strength in the base metal and energy sectors, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 172.18 points at 23,383.35.
In New York, the Dow Jones industrial average was down 34.99 points at 40,826.72. The S&P 500 index was up 10.56 points at 5,564.69, while the Nasdaq composite was up 74.84 points at 17,470.37.
The Canadian dollar traded for 73.55 cents US compared with 73.59 cents US on Wednesday.
The October crude oil contract was up $2.00 at US$69.31 per barrel and the October natural gas contract was up five cents at US$2.32 per mmBTU.
The December gold contract was up US$40.00 at US$2,582.40 an ounce and the December copper contract was up six cents at US$4.20 a pound.
This report by The Canadian Press was first published Sept. 12, 2024.