Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: Israeli occupation forces bombing the Gaza Strip
Al Mayadeen's correspondent: Ceasefire in Gaza takes effect
The Kremlin: Negotiations toward a settlement in Ukraine are currently at a complete standstill
Abu Mujahid: The steadfastness of the Palestinian people and the Resistance thwarted the displacement plan and allowed us to secure the best possible terms in an agreement to halt the genocidal war
Abu Mujahid: We salute whosoever made sacrifices in support of the Palestinian people, foremost among them the martyred Sayyed Nasrallah and Sayyed Safieddine, as well as the people of Yemen and Iran
Abu Mujahid, head of the media office of the Popular Resistance Committees, to Al Mayadeen: The people of Gaza have sacrificed and given their most precious offerings for the Al-Aqsa Flood
Al Mayadeen's correspondent in Gaza: Israeli artillery shelling targeted Khan Younis and the al-Bureij and al-Maghazi refugee camps
Captives may be released as early as Saturday and by Monday at the latest: Source briefed on the details of the agreement.
Netanyahu set to convene security cabinet at 1500 (1200GMT) and government at 1600 (1300GMT) to approve the deal: Source briefed on the details of the agreement
Within the first 24 hours, the Israeli military will complete the first phase of partial withdrawal: Source briefed on the details of the agreement

Washington 'Very Concerned' about COVID-19 Threat to Economic Recovery

  • By Al Mayadeen
  • Source: Al Mayadeen & Agencies
  • 11 Jul 2021 22:10
3 Min Read

The United States Secretary of Treasury expresses concern over the Delta variant threat to global economic recovery, urges more strategic planning for vaccination and confrontation of virus.

  • x
  • Washington is
    Washington is "Very Concerned" about the Threat of COVID-19 Variants to Economic Recovery

On Sunday in Venice, US Treasury Secretary Janet Yellen said that Washington is "deeply concerned" about the new COVID-19 mutation threat to the global economic recovery, warning of the dangers in a press conference in Venice.

During the press conference, Yellen explained her worries about the Delta variant and other variants of the Coronavirus, as they have the potential to appear and threaten the progress of recovery of the global economy. She added, "We are an interconnected global economy; what affects any country will affect us all."

"These mutant variants pose a threat to the entire world," said Yellen, as she called on senior global officials concerned with the economy and finance (who had met two days before in Venice), "[to] recognize the importance of working together to speed the process of vaccination and have the goal of wanting to vaccinate 70% of the world's population next year."

Related News

Irish contender blasts Irish gov. over delay of sanctions on 'Israel'

After 2 yrs. of genocide, Gaza deal backed regionally, internationally

In terms of vaccines, Yellen said, "The international community must do more to fill near-term gaps in planning, coordination and logistics," she said. "This includes accelerating the equitable delivery and distribution of vaccines, as well as diagnostics and therapeutics and helping low and middle-income nations fight new flare-ups of the virus quickly."

At the conclusion of their meeting in Venice, the finance ministers of the G20 warned of the "dangers" posed by "the outbreak of the variants of the COVID-19 virus and different paces of vaccination on the recovery of the global economy."
In their final statement today, the G20 asserted that the crisis is not over yet, and that "if the global economic conditions have improved, especially thanks to the increase in vaccinations, this does not mean that the crisis is over."

At the summit, former Treasury Secretary Summers called on governments to finance projects related to fighting epidemics that could occur in the future, considering that investing in this field today is the equivalent to buying shares in Amazon in its infancy.

The highly contagious Delta variant continues to affect the recovery of economic activity throughout the world and has so far caused epidemic foci in Asia and Africa and an increase in infections in Europe and the United States.

  • United States
  • delta variant
  • COVID-19
  • Venice
  • Janet Yellen
  • Coronavirus

Most Read

Tucker Carlson speaks at a memorial for Charlie Kirk, Sunday, September 21, 2025, at State Farm Stadium in Glendale, Arizona (AP)

Tucker Carlson: Israeli officers gave orders on Iran inside Pentagon

  • Politics
  • 2 Oct 2025
A Hamas fighter in combat fatigues stands before the ceremony for the handover of Israeli captives to the Red Cross in Nuseirat, central Gaza Strip, Saturday, February 22, 2025 (AP)

Hamas responds to Trump plan, backs Gaza withdrawal, exchange

  • Politics
  • 3 Oct 2025
Mossad’s secret role in Aldo Moro’s 1978 murder revealed

Mossad’s secret role in Aldo Moro’s 1978 murder exposed

  • Politics
  • 5 Oct 2025
The Palestinian resistance and the people of Gaza showed that after combating Israeli aggression for two years, they remain victorious in the face of oppression (Mahdi Rteil/Al Mayadeen English)

Al-Aqsa Flood two years on, a tale of victory

  • Politics
  • 6 Oct 2025

Coverage

All
In Five

Read Next

All
ap
Politics

Mistrust paralyzes Washington as shutdown drags on for 9th day

Senate rejects bid to curb Trump’s military power in Caribbean
Politics

Senate rejects bid to curb Trump’s military power in Caribbean

ap
Politics

UN to slash peacekeeping operations as US funding cuts take effect

Spanish Prime Minister Pedro Sánchez, right, applauds after delivering a speech at the Spanish parliament in Madrid, Wednesday, July 9, 2025. (AP Photo/Bernat Armangue)
Politics

Spain passes decree formalizing full arms embargo on 'Israel'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS