“We have got world class deposits of gold, but we have nothing to show for it,” Biti said. “I think we are losing about a billion US dollars in illegal gold exports — which is a euphemism for gold smuggling.”
The accord aims to prevent a repeat of the disjointed response and international disarray that surrounded the COVID-19 pandemic by improving coordination, surveillance and access to medicines during any future pandemics.“It’s an historic day,” WHO chief Tedros Adhanom Ghebreyesus said after the vote.
The agreement’s text wasfinalised last monthafter multiple rounds of tense negotiations.
“The world is safer today thanks to the leadership, collaboration and commitment of our member states to adopt the historic WHO Pandemic Agreement,” Tedros said in a statement.“The agreement is a victory for public health, science and multilateral action. It will ensure we, collectively, can better protect the world from future pandemic threats. It is also a recognition by the international community that our citizens, societies and economies must not be left vulnerable to again suffer losses like those endured during COVID-19,” he added.
The agreement aims to better detect and combat pandemics by focusing on greater international coordination and surveillance and more equitable access to vaccines and treatments.
The negotiations grew tense amid disagreements between wealthy and developing countries with the latter feeling cut off from access to vaccines during the COVID-19 pandemic.The US has the highest national debt in the world, a quarter of which is owned by other countries.
On Sunday, a key congressional committee in the United States approved President Donald Trump’s new tax cut bill, which could pass in the House of Representatives later this week.The bill extends Trump’s 2017 tax cuts and may add up to $5 trillion to the national debt, deepening worries after a recent US credit ratings downgrade by Moody’s on Friday, which cited concerns about the nation’s growing $36 trillion debt.
The US has the highest amount of national debt in the world and is facing growing concerns about its long-term fiscal stability.Debt is simply the total amount of money the US government owes to its lenders, currently amounting to $36.2 trillion. This represents 122 percent of the country’s annual economic output or gross domestic product (GDP), and it is growing by about $1 trillion every three months.