Leaders of the world's 20 biggest economies on Sunday will pledge to pay for a fair distribution of COVID-19 vaccines, drugs and tests around the world so that poorer countries are not left out, and to extend debt relief to them, a draft G20 communique showed.
G20 leaders will pledge Sunday to ensure poorer countries get access to COVID-19 vaccines, drugs and tests.
A draft G20 communique showed leaders of the world’s 20 largest economies will commit to paying for fair distribution around the world and extending debt relief to them.
In the draft, the group encouraged multilateral development banks to strengthen their efforts to help countries deal with the health crisis.
The leaders – who met virtually this year due to the virus -- also pledged to be better prepared for the next pandemic and committed to advancing prevention, detection and response as well.
And as Joe Biden, an avowed multilateralist, gets set to replace Donald Trump in the White House in January, the G20 statement struck a bolder tone on trade, climate change, and the role of the World Health Organization.
Trump favored bilateral deals, and he cut support for multilateral institutions.
The G20 also said it would pursue a way to tax tech titans such as Google, Amazon, and
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U.S. President Joe Biden's Labor Department on Wednesday rescinded a Trump-era rule that would have made it easier for U.S. businesses to classify workers as independent contractors instead of employees. Fred Katayama reports.
U.S. President Joe Biden on Saturday said that the 1915 massacres of Armenians in the Ottoman Empire constituted genocide, a historic declaration that infuriated Turkey and further strained frayed ties between the two NATO allies. Fred Katayama reports.
NASA awarded billionaire entrepreneur Elon Musk’s space company Space X a $2.9 billion contract to build a spacecraft to bring astronauts to the moon as early as 2024, the agency said, picking it over Jeff Bezos’ Blue Origin and defense contractor Dynetics. Fred Katayama reports.
The creator, Doug Ellin, says the streaming platform is reluctant to promote his comedy due to a "wave of righteous PC culture," and noted, "Every day, I’m getting Google alerts telling me how bad I am."
Credit: The Hollywood Reporter Duration: 01:46Published
Amazon will not offer monthly Prime membership in India anymore. They will, however, continue to offer three-month or annual Prime memberships. This starting pack has been removed to adhere to the new Reserve Bank of India mandate. Three months subscription for Amazon Prime is priced at Rs. 329 and the yearly membership is priced at Rs. 999 per year.
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The European Commission (EC) said US tech firm Apple (AAPL) has engaged in EU antitrust violations in its "preliminary conclusion" on Friday.It comes after a Spotify (SPOT) complaint, accusing the tech giant of abusing its control over the distribution of music-streaming apps.