
-
England Test captain Stokes to miss early county games in fitness battle
-
Macron vows to defend science as host of UN oceans summit
-
Brain implant turns thoughts into speech in near real-time
-
Top aide to Israel's Netanyahu arrested in 'Qatargate' probe
-
Slashed US funding threatens millions of children: charity chief
-
China property giant Vanke reports annual loss of $6.8 bn
-
World economies brace for Trump tariffs ahead of deadline
-
Myanmar declares week of mourning as quake toll passes 2,000
-
Japan leads hefty global stock market losses on tariff fears
-
Yes, oui, Cannes! Glamour name eyes place in French Cup final
-
'Different energy' at Man Utd after mini-revival, says Amorim
-
Fear of aftershocks in Myanmar forces patients into hospital car park
-
Far-right leaders rally around France's Le Pen after election ban
-
Renault and Nissan shift gears on alliance
-
Hard-hitting drama 'Adolescence' to be shown in UK schools
-
Primark boss resigns after inappropriate behaviour allegation
-
Myanmar declares week of mourning as quake toll passes 2,000, hopes fade for survivors
-
Mbappe can be Real Madrid 'legend' like Ronaldo: Ancelotti
-
Saka 'ready to go' for Arsenal after long injury lay-off: Arteta
-
Aston Martin to sell stake in Formula One team
-
Three talking points ahead of clay-court season
-
French court hands Le Pen five-year election ban
-
Probe accuses ex J-pop star Nakai of sexual assault
-
Japan leads hefty global stock market losses on tariff woes
-
Saka 'ready to go' after long injury lay-off: Arteta
-
Ingebrigtsen Sr, on trial for abusing Olympic champion, says he was 'overly protective'
-
Tourists and locals enjoy 'ephemeral' Tokyo cherry blossoms
-
Khamenei warns of 'strong' response if Iran attacked
-
France fines Apple 150 million euros over privacy feature
-
UK PM urges nations to smash migrant smuggling gangs 'once and for all'
-
Thai authorities probe collapse at quake-hit construction site
-
France's Le Pen convicted in fake jobs trial
-
Chinese tech giant Huawei says profits fell 28% last year
-
Trump says confident of TikTok deal before deadline
-
Myanmar declares week of mourning as hopes fade for quake survivors
-
Japan's Nikkei leads hefty market losses, gold hits record
-
Tears in Taiwan for relatives hit by Myanmar quake
-
Venezuela says US revoked transnational oil, gas company licenses
-
'Devastated': Relatives await news from Bangkok building collapse
-
Arsenal, Tottenham to play pre-season North London derby in Hong Kong
-
Japan's Nikkei leads hefty equity market losses; gold hits record
-
Israel's Netanyahu picks new security chief, defying legal challenge
-
Trump says US tariffs to hit 'all countries'
-
Prayers and tears for Eid in quake-hit Mandalay
-
After flops, movie industry targets fresh start at CinemaCon
-
Tsunoda targets podium finish in Japan after 'unreal' Red Bull move
-
French chefs await new Michelin guide
-
UK imposes travel permit on Europeans from Wednesday
-
At his academy, Romanian legend Hagi shapes future champions
-
Referee's lunch break saved Miami winner Mensik from early exit
BCC | -0.61% | 97.705 | $ | |
NGG | -0.23% | 65.42 | $ | |
BTI | 1.53% | 41.14 | $ | |
CMSC | 0.08% | 22.48 | $ | |
CMSD | -0.18% | 22.67 | $ | |
GSK | -1.57% | 38.14 | $ | |
RYCEF | -2.16% | 9.7 | $ | |
JRI | 0.57% | 12.944 | $ | |
RIO | -2.78% | 59.38 | $ | |
BCE | 1.25% | 23.26 | $ | |
RBGPF | 1.47% | 68 | $ | |
SCS | 0.85% | 11.195 | $ | |
AZN | -1.42% | 72.755 | $ | |
BP | 0.13% | 33.905 | $ | |
RELX | 0.12% | 50.22 | $ | |
VOD | -0.37% | 9.415 | $ |

WTO agrees to lift Covid vaccine patents, but is it 'too late'?
The World Trade Organization agreed Friday to temporarily lift patents on Covid-19 vaccines after two years of bruising negotiations, but experts expressed scepticism that the deal will have a major impact on global vaccination inequality.
The unprecedented agreement, sealed by all 164 WTO members after late-night overtime talks, will grant developing countries the right to produce Covid vaccines for five years "without the consent of the right holder".
Since October 2020, South Africa and India have called for intellectual property rights for coronavirus vaccines to be temporarily lifted so they can boost production to address the gaping inequality in access between rich and poor nations.
But Friday's compromise fell short of their earlier requests that the waiver apply to all countries -- and also cover Covid tests and treatments.
Under the terms of the new deal, WTO members have six months to decide on whether to extend the measures "to cover the production and supply of Covid-19 diagnostics and therapeutics".
"This does not correspond to the initial request," said Jerome Martin, the co-founder of the Drug Policy Transparency Observatory, pointing to the fact that the deal only includes developing countries.
"We have to see what it does in the field, but it is not ambitious at all," he told AFP.
- 'Disappointing' -
James Love, director of Knowledge Ecology International, said it was "a limited and disappointing outcome".
"The fact that the exception is limited to vaccines, has a five-year duration and does not address WTO rules on trade secrets makes it particularly unlikely to provide expanded access to Covid-19 counter-measures," he said in a statement.
"The pressure this week was to reach consensus in order to make multilateralism look like it works, which seems to have been the main justification for producing this decision."
Max Lawson, co-chair of the People's Vaccine Alliance and Oxfam's head of inequality, singled out Switzerland, Britain and the European Union for "blocking anything that resembles a meaningful intellectual property waiver".
"The conduct of rich countries at the WTO has been utterly shameful," he said.
The agreement also disappointed the pharmaceutical lobby group IFPMA, which warned that "dismantling" patent protections would strangle innovation.
"The single biggest factor affecting vaccine scarcity is not intellectual property, but trade. This has not been fully addressed by the World Trade Organization," said IFPMA's director general Thomas Cueni.
And while vaccine doses were scarce early in the pandemic, that is no longer the case.
Nearly 14 billion doses had been produced worldwide as of mid-June, according to research group Airfinity.
As supply soars, some vaccine makers like the giant Serum Institute of India have stopped producing doses due to falling demand.
Yet many developing countries still lag far behind the rest of the world in vaccination rates.
While 60 percent of the world's population has received two vaccine doses, that number falls to 17 percent in Libya, eight percent in Nigeria and less than five percent in Cameroon, according to the World Health Organization.
Pharma groups have said that the logistics involved in distributing vaccines in developing countries is a far bigger hurdle to rolling out doses.
- 'Wealthy countries failed' -
Even India, which fought long and hard for the waiver, expressed doubts about whether the final compromise deal would have an effect.
Earlier this week, Indian Commerce and Industry Minister Piyush Goyal said that "my own feeling is, not a single factory, not one, will ever come up with the agreement that we are finally trying to negotiate and which may get approved."
"It is just too late," he said in a statement.
It marks the first time the WTO has temporarily lifted patents on vaccines, though in 2001 it set up a compulsory licensing mechanism for HIV treatments.
Francois Pochart, a patent specialist at the August Debouzy law firm in Paris, said that the new WTO agreement is "a step forward" compared to those compulsory licences.
"Countries can decide on their own without having to make a request. The real novelty is that this waiver allows the country that produces the vaccine to also export to other markets, to another eligible member," he said.
But Christos Christou, the president of Doctors Without Borders, branded the deal "a devastating global failure".
"Despite lofty political commitments and words of solidarity, it has been discouraging for us to see that wealthy countries failed to resolve the glaring inequities in access to lifesaving Covid-19 medical tools for people in low- and middle-income countries."
Ch.Havering--AMWN