Beautiful Virgin Islands

Wednesday, Aug 26, 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
Turnbull Warns AUKUS Could Leave Australia Without Promised Nuclear Submarines
California Billionaires Pour More Than $150 Million Into Fight Over Proposed Wealth Tax
German Broadcaster Goes Dark to Warn AfD Could End Its Saxony-Anhalt Service
Badenoch Plans Major Shadow Cabinet Reshuffle as Tories Struggle in Third Place
Prime Minister Andy Burnham to Give Ukraine Classified Storm Shadow Blueprints for Domestic Missile Production
UK Graduate Job Vacancies Plunge 45% to Lowest Levels on Record
Iranian Hackers Shut Down British Power Plant for Four Days in Landmark Cyber Attack
Novak Djokovic Reveals Relentless Self-Doubt and Rejects Retirement in New Documentary
Trump Imposes 50% Tariffs on Canadian Goods After Bilateral Trade Talks Collapse
Australia Combines Indigenous Fire Knowledge With Satellite Tech to Combat Catastrophic Wildfires
Father and Son Jailed in Scotland Over £900,000 Airport Cannabis Smuggling Operation
UK Fraud Reports Surge Sevenfold as Criminals Exploit QR Codes in Parking Meters and Phishing Emails
Brighton Thrash Aston Villa in Four-Goal Opening Half as Manchester City Trail Bournemouth
Erin Patterson Appeals Triple Murder Convictions After Hotel Mixed Sequestered Jury With Prosecution
The rise and fall of Hui Ka Yan, China’s richest man
Woke: Britain Considers Plain Packaging for Cigars as Specialist Shops Warn of Industry Collapse
Britain's Public-Service Productivity Remains Below 2019 as £80 Billion Output Gap Fuels WFH Debate
Mandelson Epstein Case in Jeopardy as U.S. Files Stay Out of Reach
Prince Harry and Six Others Ordered to Pay £9.5 Million After High Court Defeat
Petrol Bombs Set Luxury Cars Alight Outside Birmingham Wedding as Police Hunt Three Men
Bitcoin Surges Toward $80,000 as Short Squeeze and ETF Inflows Ignite Crypto Rally
Twenty-Nine US States Take Meta to Trial Over Alleged Child Addiction on Instagram and Facebook
Former Scottish National Party Executive Peter Murrell Jailed for Five Years Over £400,000 Embezzlement
Moderna and Merck's Personalized Cancer Vaccine Succeeds in Historic Late-Stage Melanoma Trial
Prince Harry and Meghan to Move Back to Britain With Their Children
England and Wales Have Fewer Than 1,800 Prison Places Left for Men
Suspected People Smuggler Arrested After Investigation Identified Him
Children's Doctors Warn That Vaping Can Lead Young People to Smoking
Hundreds of Thousands of Students Receive GCSE and Vocational Results Across England, Wales and Northern Ireland
Here Is What Can Never Happen in Your Country: Taiwan Is Giving Money to All Its People Because It Collected Too Much Tax
UK Inflation Rises to 2.9% as Energy Bills Jump
UK Issues New Conduct Guide for Asylum Seekers on Consent and Respect
A Sleepless Night on Wall Street: Nasdaq to Begin Nearly Round-the-Clock Trading
"The First in the World": 69-Year-Old Protested Artificial Intelligence—and Went to Jail
Ukraine's Ousted Defence Minister Calls for Wartime Presidential Election
China’s Lifelike AI Humans Move From Livestreams Into Real-World Service Roles
Sarah Ferguson Reportedly Retreats to Late Ex-Boyfriend's Swiss Chalet
Cristiano Ronaldo and Georgina Rodríguez Sign Prenup Protecting Their Separate Fortunes
Thieves Steal Antonello da Messina Renaissance Masterpieces From Sicilian Museum
Better.com Founder Who Fired 900 Employees on Zoom Is Ousted as CEO
Italian Speed Camera Issues Nearly 32,000 Fines in 10 Weeks, Worth More Than €3 Million
AI Manager at San Francisco Store Recommends Firing Human Employee
Google Launches Pixel 11 With Gemini AI at the Center of Its Hardware Strategy
Reform UK Unveils Plan to Cut Welfare Spending by More Than £50 Billion a Year
Prime Minister Andy Burnham Praised Extinction Rebellion for Doing a 'Great Service'
UK Wildfire Phone Alert Triggers Backlash as Users Switch Off Emergency Warnings
Heathrow Roads Reopen After Burst Water Main Floods Access to Terminals 2 and 3
Former NBA Players Enes Kanter Freedom and Royce White Say They Will Enter 2027 WNBA Draft
Former Cambridge Professor Jason Arday Found Dead Days After Resigning Amid Plagiarism Row
US Appeals Court Rules AI Agent's Website Actions Are Legally Attributed to the User
×