WTO warns that global disparities in coronavirus vaccine rates could impact worldwide economic recovery

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The World Trade Organization has warned that global disparities in coronavirus vaccine rates could impact worldwide economic recovery. WTO chief Ngozi Okonjo-Iweala said failure to ensure global access to vaccines poses a serious threat to the world’s economy. She especially warned about the case for low-income countries where barely over one percent of the population has received even one dose. The International Monetary Fund also issued a similar warning on Tuesday, saying vaccine access emerged as the principal fault line along which the global recovery splits into two blocs.

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