Uber has been ordered to pay a 300,000 euro ($336,600) penalty, adding to the challenge of a court-ordered partial shutdown imposed on its...

Stock Market

Uber Must Pay $336,600 Penalty on Top of Brussels Near-Shutdown

The Department of Energy (DOE) said, that the United States has launched an auction for 32 million barrels of crude from four strategic...


U.S. to Sell 32 million Barrels of Crude Oil from 4 SPR Sites

The energy ministry said the United Arab Emirates will show complete commitment and cooperation with the OPEC+ agreement.


UAE Will Offer Complete Support to OPEC+ Decisions

Asian shares fell lower as the dollar went up on Thursday. Investors are looking towards hike rate policies...

Stock Market

Asian Shares Decline as Dollar Goes Higher

The Turkish Lira began on its recovery after reaching record lows caused by the President’s interest rate cuts.

Stock Market

Turkish Lira Finally Rebounds After Months of Lows


10 Nov 2021

COVAX Could see Vaccine Shipment in a Few Weeks

COVAX Could see Vaccine Shipment in a Few Weeks

The Index Today

According to health industry sources, India may be able to continue its deliveries of Covid-19 shots to COVAX in a few weeks’ time. Previous deliveries to the vaccine-sharing platform were halted in April.

COVAX is working alongside World Health Organization WHO and has been pushed by the nation to restart supplies of vaccines after 4 million doses were sent in October. The Serum Institute of India SII, developed Covishieled which is a licensed version of AstraZenaca. The institute has increased its output by 240 million doses since its start in April after exports were paused amid rising cases.

The upcoming supply forecast for COVAX is expected to be released in the coming week. A source familiar with the situation said, “There will need to be purchase orders confirmed to SII, labelling and packing, export authorization granted for each of these shipments. So the first deliveries, assuming the Indian Government grants export authorization, won’t happen until a few weeks from now.”

Currently, the nation has unused vaccine doses amounting to 159 million or more. The demand for doses have retreated as the vaccine rollout has begun to slow down. According to SII, 20 to 30 million doses could be delivered to COVAX by the end of the year.

©Photo: UNICEF.com