Beautiful Virgin Islands

Wednesday, Aug 12, 2026

COVID-19 Vaccine Concerns Divide Nations At Davos

COVID-19 Vaccine Concerns Divide Nations At Davos

With more than 100 million people now infected, rich countries that funded vaccine research are now raising their voices to ensure they get doses as tensions mounted over delayed deliveries.

Divisions were on display Tuesday at the Davos virtual summit as nations called for fair distribution of Covid-19 vaccines amid fears of hoarding by rich nations.

The annual gathering of business and government leaders at the World Economic Forum in the Swiss Alps has been pushed online due to the pandemic, but organisers used the opportunity to promote global cooperation in combatting the novel coronavirus.

With more than 100 million people now infected, rich countries that funded vaccine research are now raising their voices to ensure they get doses as tensions mounted over delayed deliveries.

"Europe invested billions to help develop the world's first Covid-19 vaccines," EU chief Ursula von der Leyen said in a live video address to the World Economic Forum.

"And now, the companies must deliver. They must honour their obligations," she said.

The Commission is demanding answers from British-Swedish group AstraZeneca and US company Pfizer about delays both have announced to their deliveries to the European Union.

In a sign of concern that pharmaceutical groups might be selling the earmarked doses to higher bidders outside the bloc, it is making a move to require the companies to notify authorities of any exports outside the European Union.

 'Vaccine nationalism'


Von der Leyen underlined that initiative in her speech, saying "we will set up a vaccine export transparency mechanism" to "ensure" the firms meet their contractual obligations to the EU.

But she also emphasised that the EU has sought to ensure the vaccine is available in poorer non-EU nations through its participation in the COVAX vaccination alliance co-led by the World Health Organization.

She said the initiative would ensure millions of doses are available to poorer countries.

While Germany has also supported vaccine export controls, Chancellor Angela Merkel called in her speech for their "fair" distribution.

"Let's not kid ourselves, the question of who gets which vaccine in the world will of course leave new wounds and new memories because those who get such emergency help will remember that."

But such promises haven't reassured less developed countries.

South African President Cyril Ramaphosa lashed out at "vaccine nationalism", accusing rich countries of bulk-buying coronavirus vaccines and hoarding them to the detriment of others.

"Rich countries in the world are holding on to these vaccines and we are saying: release the excess vaccines that you have ordered and hoarded."

Ramaphosa's comments coincide with growing concerns that bilateral deals between wealthier governments and coronavirus vaccine manufacturers could hike prices and limit supply in some regions.

The World Health Organization (WHO) has already warned against vaccine nationalism and price gouging last year, before a successful jab was found.

"It is natural that countries want to protect their own citizens first but if and when we have an effective vaccine, we must also use it effectively," WHO chief Tedros Adhanom Ghebreyesus said last October at the World Health Summit.

He said the best way to do that was to vaccinate some people in all countries rather than all people in some countries.

"Let me be clear: vaccine nationalism will prolong the pandemic, not shorten it."

South Africa is the African country hit hardest by Covid-19.

Last week it announced it had reached a deal to buy at least 1.5 million doses of Oxford-AstraZeneca's Covid-19 vaccine -- but at a price 2.5 times higher than most European countries.

 "Vaccine panic"


Due to the appearance and rapid spread of coronavirus variants that are more contagious "right now there is a little bit of a global vaccine panic, many countries want doses as of today," said Seth Berkley of the Vaccine Alliance, which is one of the organisations trying to ensure poorer nations receive doses.

He said his group will start delivering vaccines in February and aimed to deliver two billion doses by the end of 2021.

Epidemiologists hired by the International Chamber of Commerce calculated that even if rich nations vaccinate their own populations, global interdependence means they will bear $200 billion to $4.5 trillion in costs if poorer nations don't have access to vaccines.

"These numbers are far larger than the 38 billion USD cost of manufacturing and distributing vaccines globally," said the ICC report.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Former Labour Adviser Arrested on Suspicion of Spying for China Held Privileged Access as Top Party Donor
Turkish Parliament Passes Landmark Bill Granting Conditional Amnesty to Disarmed PKK Members
Donald Trump Warns FIFA Against Ousting Gianni Infantino Amid Revolt by Global Football Leaders
Jeff Bezos Joins Investor Group Closing In on $6 Billion Liverpool FC Stake
UK Councils to Receive Sweeping Planning Powers to Ban New Vape and Betting Shops
Russia’s A7 Builds a State-Linked Payments Network Beyond Western Sanctions
Hyper-Realistic Reborn Dolls Draw Collectors Seeking Comfort and Craft
Gen Z Cuts Back on Dating as a Night Out Nears $200
Patients Turn to Artificial Intelligence for Therapy as Psychiatrists Warn of Privacy and Clinical Risks
Couples Embrace ‘Sleep Divorce’ to Protect Rest and Reduce Tension
Meta Ordered to Pay $567 Million and Change Facebook and Instagram Safeguards for Children
Up to only 10 Months in Prison for Swedish Officer’s Murderer Sparks Anger
Success: Nvidia Turned Gaming Chips Into the Engine of the AI Boom
Jorge Messi, Lionel Messi’s Father and Longtime Agent, Dies at 68
AI’s Next Bottleneck Is Power, Not Just Nvidia Chips
Advertising trick: Pepsi’s Harrier Jet Commercial Led to a $700,000 Court Fight
Meta Raises AI Spending Target to as Much as $145bn Despite Pressure Over Returns
Danube Drought Exposes Nazi Wrecks and Pushes Central Europe’s Power System to the Brink
Joe Biden’s Cancer Has Spread Beyond His Bones, Hunter Biden Says
Air Traffic Control Outage Grounded Flights Across the Midwest
Why 2027 Could Be a Strong Year for Stocks—and Why the Forecast Is Fragile
Why Markets May Look Quiet in August After Big Tech Earnings
Australian Crew Evacuates Seriously Ill American From Antarctica in Midwinter Darkness
Trump’s Top General Seeks an Exit Strategy From Iran War, Report Says
Brock Lesnar Retires From Wrestling, Closing a Career of Rare Athletic Range and Lasting Controversy
Trump-Era Policy Shifts Test the Boundaries of U.S. Institutions
UK Drought Cuts Harvests and Raises Food-Security Fears
UFO: Pentagon Releases Video of Unidentified Object Tracked Over Middle East
US Health Secretary: “I’m Not Afraid of Germs — I Used to Snort Cocaine Off Toilet Seats”
Ukraine Tells Senate Republicans Its Drone War Offers a Blueprint for America
Weight-Loss Drug Boom Tests the Limits of Prescription Advertising Rules
Trump Keeps Hegseth at Pentagon While Leaving Door Open for DeSantis
UK Clears Paramount’s Warner Bros. Discovery Deal, but US Trial Looms
UK Prosecutors Add 38 Charges Against Andrew and Tristan Tate
Taiwan’s President Joins Wartime Command Drill as China Pressure Grows
Saudi Arabia, Turkey and Pakistan Sign Mutual-Defence Pact
HMRC’s 2029 Tax Shift Could Overlap Old and New Self-Assessment Bills
Thetford Disorder Prompts Expanded Police Powers Amid Asylum-Housing Protests
Cambridge Faces Calls for Independent Review of Jason Arday Appointment
Scotland’s ‘Cock of the North’ Woodland Is Being Felled After Wind Damage
Reform UK and Greens Unite Against Vast Solar Plans for Kent Marshland
New Zealand Draws Wealthy Americans With Revamped Investor Visa
Senate Panel Votes to Hold Anthony Fauci in Contempt After Fifth Amendment Testimony
Cambridge Professor Jason Arday Resigns as University Opens Inquiry Into His Credentials
Manchester Power Failure Disrupts Trains Across North West Into Friday
Lightning Strike Kills Yala FC Player During Match in Southern Thailand
Senate Scrutinises AI-Driven Personalised Pricing
Spain Seeks Mainland Transfers for 1,100 Children Stranded in Ceuta
Spain and Morocco Trade Blame After 72,000 Migrants Enter Ceuta
Met Police Investigated Journalist Who Questioned Cambridge Professor
×