100 million Covid-19 cases worldwide expected this week: WHO chief

He also quoted two latest reports to show that without equitable access to Covid-19 vaccines, the world would have to face not only a catastrophic moral failure, but also an economic failure

A healthcare worker collects a swab sample from a man for a rapid antigen test during Magh Mela in Prayagraj
A healthcare worker collects a swab sample from a man for a rapid antigen test during Magh Mela in Prayagraj
IANS Geneva
2 min read Last Updated : Jan 26 2021 | 7:59 AM IST

The number of Covid-19 cases worldwide is expected to reach 100 million within this week, said the Director-General of the World Health Organization (WHO) Tedros Adhanom Ghebreyesus.

"A year ago today, fewer than 1,500 cases of Covid-19 had been reported to WHO, including just 23 cases outside China. This week, we expect to reach 100 million reported cases," Tedros said at a WHO press briefing on Monday.

"Numbers can make us numb to what they represent: every death is someone's parent, someone's partner, someone's child, someone's friend," he added, and called for vaccination of health workers and older people to be underway in all countries within the first 100 days of 2021, the Xinhua news agency reported.

He also quoted two latest reports to show that without equitable access to Covid-19 vaccines, the world would have to face not only a catastrophic moral failure, but also an economic failure.

According to a new report from the International Labor Organization, which analyzes the impact of the pandemic on the global labor market, some 8.8 per cent of global working hours were lost in 2020, resulting in a decline in global labour income equivalent to $3.7 trillion.

The report projects that most countries will recover in the second half of 2021, depending on vaccination rollout, and recommends international support for the vaccine rollout in low- and middle-income countries and to promote economic and employment recovery.

The second report, commissioned by the International Chamber of Commerce Research Foundation, finds that vaccine nationalism could cost the global economy up to $9.2 trillion, almost half of which, about $4.5 trillion, would be incurred in the wealthiest economies.

In contrast, the financing gap for the Access to Covid-19 Tools Accelerator, a WHO-led initiative, is 26 billion dollars this year, according to Tedros, who added that the ACT Accelerator, if fully funded, would return up to $166 for every dollar invested.

"Vaccine nationalism might serve short-term political goals. But it's in every nation's own medium and long-term economic interest to support vaccine equity," he said.

--IANS

int/rs

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Coronavirus TestsCoronavirus VaccineWorld Health Organisation

First Published: Jan 26 2021 | 7:52 AM IST

Next Story