Day: March 24, 2021
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With Herd Immunity in Sight, U.S. Wants to Challenge China’s Vaccine Distribution Drive in the Global South
There's a newfound sense of optimism in Washington that the United States government is finally well-positioned to begin large-scale COVID-19 vaccine distribution to countries throughout the Global South and challenge Russian and Chinese dominance in the space. At a ...
The Politics of Chinese Vaccine Donations in Africa
The Chinese government insists that politics play no part in its rapidly expanding global vaccine distribution campaign. But when you look at the maps as to where Chinese vaccine sales and donations are heaviest, it just so happens to be in ...
Council on Foreign Relations Report: U.S. “Inaction” and “Withdrawal” Bolstered China’s BRI
A group of scholars at the Council on Foreign Relations in New York published a critical report today that attributes U.S. "inaction" and "withdrawal" for creating a vacuum in the international arena that China filled with its Belt and Road Initiative. The authors detailed how ...
Momentum is Building For the IMF to Issue $650 Billion in New Capital Intended to Help Developing Countries
The International Monetary Fund may issue new Special Drawing Rights (SDR) that would provide $650 billion to its members, the bulk of which is intended to go to the world's poorest countries to help mitigate the impact of the ongoing economic downturn.