Variants threaten global economic recovery, warns Yellen

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Variants threaten global economic recovery, warns Yellen

Treasury Secretary Janet L. Yellen said on Sunday that the coronavirus variants could hamper the global economic recovery and called for increased efforts to immunize the world’s population.

We are very concerned about the Delta variant and other variants that may emerge and threaten the recovery. We are a connected global economy. What happens in any part of the world affects all other countries. We therefore recognize the importance of working together to speed up the immunization process and have the goal of wanting to immunize 70 percent of the world’s population next year. We recognize that while much has been done to finance the purchase of vaccines, that in terms of logistics, both for vaccines, distribution, sending vaccines to areas where infection is increasing in the regions. hot spots of the world, therapeutics, PPE and other things, that we need to do something more and be more efficient.

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