The company has told countries that it can supply only 18.8 million of the 29.6 million doses it was contracted to deliver this year.
Category: Developing Countries
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Exxon Raises Questions About Chevron’s $53 Billion Deal for Hess
Exxon may try to upend its rival’s megadeal. The prize is a 30 percent stake in the oil-rich fields off the coast of Guyana.
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Indian Stocks Are Booming. Why Is Long-Term Investment Lagging?
Long-term investment in India by businesses is stagnant, and foreign money is falling, even as the government is driving growth with infrastructure spending.
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The Debt Problem Is Enormous, and the System for Fixing It Is Broken
Economists offer alternatives to financial safeguards created when the U.S. was the pre-eminent superpower and climate change wasn’t on the agenda.
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Blue Carbon Is One of Many Companies Inking Carbon Market Deals
An Emirati company wants to broker a nascent market in which nations trade emission reductions even before regulations are agreed upon.
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World Bank Warns Record Debt Burdens Haunt Developing Economies
Surging interest rates and waning financing options threaten a “lost decade” for poor countries.
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New Sickle Cell Therapies Will Be Out of Reach Where They Are Needed Most
There is no clear path for African patients to get access to the treatments, which have multimillion-dollar price tags and are highly complex to manufacture and deliver.
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World Bank President Ajay Banga Addresses Climate Change
Ajay Banga, who took over the top job in June, has prioritized global warming issues in his first months on the job.
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The Financial Paradox Blocking Efforts to Fight Climate Change
Finding money for fossil fuel plants is much easier than financing clean energy projects, especially in developing countries.
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COP28 Climate Summit Begins Against Backdrop of War and Record Heat
World leaders at climate talks in Dubai invoked faith, science and economics in their calls for a rapid transition away from fossil fuels.
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A Tense Climate Summit Begins Against a Backdrop of War and Record Heat
World leaders at climate talks in Dubai invoked faith, science and economics in their calls for a rapid transition away from fossil fuels.