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Nur Yasmin

07
April

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Jakarta. A total of 8,975,366 people in Indonesia have been administered the COVID-19 vaccine as of Tuesday, according to the government's COVID-19 task force.

The figure shows the number of people receiving their first vaccine shots has risen by 137,285 compared to the previous day, the task force revealed.

Meanwhile, 4,378,351 people have got their second dose of the vaccine, an increase of 170,025 compared to the day before.

As of Tuesday, 22.24 percent of the targeted 40,349,051 recipients under the first and second phase of the vaccination program have received their first doses and 10.65 percent have got their second shots of the vaccine.

The government has rolled out a nationwide vaccination program since January 13 this year to stem the spread of the virus.

According to the Health Ministry's estimates, it will take 15 months to vaccinate about 70 percent of the country's total population to build herd immunity against COVID-19.

By March, 2022, the government is targeting to inoculate about 181.5 million people, including 1.3 million paramedics and 17.4 million public sector workers, in 34 provinces, the Health Ministry's spokesperson for the vaccination program, Siti Nadia Tarmizi, stated recently.

Tarmizi noted that the first phase of the government's immunization program has been divided into two periods: January-April, 2021 and April, 2021-March, 2022. (Antaranews)

06
April

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Jakarta. Coronavirus-related deaths worldwide crossed 3 million on Tuesday, according to a Reuters tally, as the latest global resurgence of COVID-19 infections is challenging vaccination efforts across the globe.

Worldwide COVID-19 deaths are rising once again, especially in Brazil and India. Health officials blame more infectious variants that were first detected in the United Kingdom and South Africa, along with public fatigue with lockdowns and other restrictions.

(Open tmsnrt.rs/34pvUyi in an external browser for global COVID graphic)

According to a Reuters tally, it took more than a year for the global coronavirus death toll to reach 2 million. The next 1 million deaths were added in about three months.

 

Brazil is leading the world in the daily average number of new deaths reported and accounts for one in every four deaths worldwide each day, according to a Reuters analysis.

The World Health Organization acknowledged the nation’s dire condition due to coronavirus, saying the country is in a very critical condition with an overwhelmed healthcare system.

“Indeed there is a very serious situation going on in Brazil right now, where we have a number of states in critical condition,” WHO epidemiologist Maria Van Kerkhove told a briefing last Thursday, adding that many hospital intensive care units are more than 90% full.

India reported a record rise in COVID-19 infections on Monday, becoming the second nation after the United States to post more than 100,000 new cases in a day.

India’s worst-affected state, Maharashtra on Monday began shutting shopping malls, cinemas, bars, restaurants, and places of worship, as hospitals are being overrun by patients.

The European region, which includes 51 countries, has the highest total number of deaths at nearly 1.1 million.

 

Five European countries including the United Kingdom, Russia, France, Italy and Germany constitute about 60% of Europe’s total coronavirus-related deaths.

The United States has the highest number of deaths of any country at the world at 555,000 and accounts for about 19% of all deaths due to COVID-19 in the world. Cases have risen for the last three weeks but health officials believe the nation’s rapid vaccination campaign may prevent a rise in deaths. A third of the population has received at least one dose of a vaccine.

At least 370.3 million people or nearly 4.75% of the global population have received a single dose of COVID-19 vaccine by Sunday, according to latest figures from research and data provider firm Our World in Data.

However, the World Health Organization is urging countries to donate more doses of approved COVID-19 vaccines to help meet vaccination targets for the most vulnerable in poorer countries. (Reuters)

06
April

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Jakarta. The International Monetary Fund has long favored adoption of a global minimum tax on corporate profits, the Fund’s chief economist, Gita Gopinath, told reporters on Tuesday, calling tax avoidance a troubling issue for the global economy.

Gopinath said current disparities in national corporate tax rates had triggered “a large amount” of tax shifting and tax avoidance, reducing the tax base on which governments could collect revenues to fund needed economic and social spending.

“It is a big concern,” Gopinath told reporters during an online briefing. “We are very much in favor of a global minimum corporate tax.”

 

French Finance Minister Bruno Le Maire said on Tuesday a global deal on cross-border taxation was within reach as he welcomed a pledge by U.S. Treasury Secretary Janet Yellen to work on a global corporate minimum rate.

Gopinath said the IMF had not taken a position on the ideal level for such a tax rate, adding that governments would need to replenish their coffers after massive spending to contain the COVID-19 pandemic and mitigate its economic impact.

“The hope is that they will move forward better to have more inclusive, sustainable, green economies, and that would require measures both on the revenue side and on the expenditure side,” she said, adding that each country would have to carefully tailor its own actions on the tax front.

 

Gopinath said the IMF was still studying the Biden administration’s proposal to raise the corporate tax rate to 28%, but noted that the former Trump administration’s decision to lower that tax rate from 35% to 21% in 2017 had had less impact on investment than initially expected.

U.S. President Joe Biden on Monday said there was “no evidence” that raising the corporate tax rate by seven percentage points would drive business abroad.

White House press secretary Jen Psaki noted that the 28% rate would be lower than it was at any time since World War Two. (Reuters)

06
April

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Jakarta. Valneva on Tuesday reported positive results for its COVID-19 vaccine in early stage clinical trials and said it planned to launch a Phase Three trial this month.

The French drugmaker, whose shot uses the technology behind its licensed Japanese encephalitis vaccine, tested its vaccine in 153 adults with three dose levels based on a schedule of two doses with vaccinations three weeks apart.

Valneva shares were up 8% in early trading.

The vaccine, Valneva said, was “generally safe and well tolerated across all dose groups tested, with no safety concerns identified by an independent Data Safety Monitoring Board”.

 

Valneva said the vaccine, for which the U.S. company Dynavax supplies an adjuvant, was also “highly immunogenic”, with “more than 90% of all study participants” developing significant levels of antibodies to the coronavirus spike protein.

“Based on the data assessed, the company has decided to advance the high dose into the phase 3 clinical trial. Other trials, including booster trials, involving antigen sparing doses will also be evaluated,” Valneva said.

The company added that it was working with authorities in Britain to review plans including for potential variant vaccine development and supply.

 

Valneva has signed a deal with Britain for up to 190 million doses by 2025 in a transaction potentially worth up to 1.4 billion euros ($1.65 billion). The company is also in talks with the European Union to supply it with 60 million doses.

The company said it intended to submit the vaccine for approval in Britain in the autumn of this year and said discussions with other regulatory bodies were ongoing. (Reuters)