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Old 09-12-2020, 21:54
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KostiaFM KostiaFM is offline
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Default Re: Daily Economic news by ForexMart

December 09. Brexit talks and coronavirus vaccinations

The term of negotiations between the UK and the European Union is coming to an end, but the countries have not yet reached a new trade agreement. British Prime Minister Boris Johnson traveled to Brussels today to have a business dinner with European Commission President Ursula von der Leyen and try to find common ground.

Meanwhile, the first alarming news of the effects of the coronavirus vaccine has arrived. Pfizer-BioNTech has begun to vaccinate UK citizens this week, and a couple of mild allergic reactions have already been reported. British health authorities are now reporting that allergy sufferers should refrain from vaccinations.

In addition, a third vaccine from the Chinese pharmaceutical company Sinopharm has appeared, which claims to be highly effective (86%), which is confirmed by data from the UAE. The development of additional vaccines is likely to be an important step in the fight against coronavirus.

As a reminder, the US and the European Union have already reserved drugs produced and planned for production in the coming months by Pfizer and Moderna. Thus, the rest of the companies that developed vaccines will meet the needs of other countries.
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