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      in US Politics

      Half of American adults fully vaccinated against Covid, Biden officials say

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      Half of adult Americans have now been fully vaccinated against Covid-19, the Biden administration said on Tuesday.Joe Biden previously set a goal of having 70% of adults with at least one dose by 4 July. Vaccine hesitancy or resistance remains a problem, particularly among Republicans, with the rate of shots administered slowing.Elsewhere on Tuesday, Moderna enhanced prospects of more vaccinations for younger Americans when it said its Covid-19 shot strongly protects children as young as 12.Earlier this month, the US and Canada authorized a vaccine by Pfizer and BioNTech for use starting at age 12.Releasing preliminary findings based on testing on more than 3,700 young people aged 12 to 17 in the US, Moderna said there were no Covid-19 diagnoses in children who were given two doses of its vaccine and four cases among those given dummy shots.The Cambridge, Massachusetts company said the vaccine appeared 93% effective two weeks after the first dose.The company also said its vaccine triggered the same signs of immune protection in children as it does in adults – and the same mild and temporary side-effects.Officials said they intended to submit the data to the Food and Drug Administration and other global regulators early next month.The White House has ramped up vaccine distribution as coronavirus cases and deaths have fallen. There are three vaccines in use and the US has increased the number of shots it is exporting.In a statement issued as the Biden administration announced that 50% of US adults were not fully vaccinated, Donald Trump sought credit for progress against the pandemic, hailing “the record-breaking development of the vaccine and its early purchase and distribution by the Trump administration”.Trump called Operation Warp Speed, an administration initiative which worked on vaccine development, “one of the greatest miracles of the ages”.He also thanked members of his administration “who pushed so hard for a vaccine and got it done in less than nine months when everybody was saying it would take at least [three to five] years, and probably not happen”. More

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      2.7m people have signed up for $1m vaccine lottery, Ohio governor says

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      The Ohio governor, Mike DeWine, on Monday hailed the success of the state’s Vax-a-Million lottery in boosting demand for coronavirus vaccines, announcing that more than 2.7 million adult residents had registered for the chance of winning $1m in one of five weekly drawings.DeWine’s giveaway approach, however, has drawn the ire of fellow Republican state lawmakers, who are introducing legislation to shut the project down as “a frivolous use of taxpayer dollars”.The prize money comes from Ohio’s share of the $2.2tn federal Cares Act, which was signed into law in March last year.At a press conference on Monday afternoon, DeWine said he was encouraged by the take-up rate for the lottery, which is open only to those over 18 who can prove they are at least partially vaccinated before each prize draw. The first draw is on Wednesday.In addition to the adult cash draw, DeWine said 104,386 younger Ohioans aged 12 to 17 had registered for a chance to win a four-year full college scholarship.“Where we’ve seen the biggest increase is those 16 and 17 years of age,” DeWine told reporters.“One assumes that they’re very interested in getting that scholarship, they’re looking at college coming up and they’re looking to see if they can get in.”After the lottery was announced on 12 May, the number of vaccines administered in Ohio jumped by 33%. In that time, DeWine said, vaccine take-up by 16 and 17-year-olds had increased by 94%, by 46% for 18- and 19-year-olds and by 55% for those aged 20 to 55.In all, 2,758,470 of the 5.17 million eligible adults had begun the process of receiving the vaccine and registering for the draw, he added.“We’re more than happy with the results. This was just so important to our future as a state, our immediate future and our long-term future. Having more people vaccinated really allows us to get back to normal.”State representative Jena Powell, meanwhile, said she would introduce legislation to end the lottery to the Ohio house this week. She wants the money used for other initiatives such as small business recovery grants and mental health services for children.“The vaccine lottery is a frivolous use of taxpayer dollars. They have the ability to take the vaccine if they want but we shouldn’t be putting $5m of taxpayer money to [it],” she told 2News of Dayton.“I have to look at the whole picture and I know you’ve had a difficult year but we can’t make the future more difficult.” More

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      Workers matter and government works: eight lessons from the Covid pandemic

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      Maybe it’s wishful thinking to declare the pandemic over in the US, and presumptuous to conclude what lessons we’ve learned. So consider this a first draft.1. Workers are always essentialWe couldn’t have survived without millions of warehouse, delivery, grocery and hospital workers literally risking their lives. Yet most of these workers are paid squat. Amazon touts its $15 minimum wage but it totals only about $30,000 a year. Most essential workers don’t have health insurance or paid leave. Many of their employers (including Jeff Bezos and Elon Musk, to take but two examples) didn’t give them the personal protective equipment they needed.Lesson: Essential workers deserve far better.2. Healthcare is a basic rightYou know how you got your vaccine without paying a dime? That’s how all healthcare could be. Yet too many Americans who contracted Covid-19 got walloped with humongous hospital bills. By mid-2020, about 3.3 million people had lost employer-sponsored coverage and the number of uninsured had increased by 1.9 million. Research by the Urban Institute found that people with chronic disease, Black Americans and low-income children were most likely to have delayed or foregone care during the pandemic.Lesson: America must insure everyone.3. Conspiracy theories can be deadlyLast June, about one in four Americans believed the pandemic was “definitely” or “probably” created intentionally, according to the Pew Research Center. Other conspiracy theories have caused some people to avoid wearing masks or getting vaccinated, resulting in unnecessary illness or death.Lesson: An informed public is essential. Some of the responsibility falls on all of us. Some of it on Facebook, Twitter and other platforms that allowed misinformation to flourish.4. The stock market isn’t the economyThe stock market rose throughout the pandemic, lifting the wealth of the richest 1% who own half of all stock owned by Americans. Meanwhile, from March 2020 to February 2021 80 million in the US lost their jobs. Between June and November 2020, nearly 8 million fell into poverty. Black and Latino adults were more than twice as likely as white adults to report not having enough to eat: 16% each for Black and Latino adults, compared to 6% of white adults.Lesson: Stop using the stock market as a measure of economic wellbeing. Look instead at the percentage of Americans who are working, and their median pay.5. Wages are too low to get by onMost Americans live paycheck to paycheck. So once the pandemic hit, many didn’t have any savings to fall back on. Conservative lawmakers complain that the extra $300 a week unemployment benefit Congress enacted in March discourages people from working. What’s really discouraging them is lack of childcare and lousy wages.Lesson: Raise the minimum wage, strengthen labor unions and push companies to share profits with their workers.6. Remote work is now baked into the economyThe percentage of workers punching in from home hit a high of 70% in April 2020. A majority still work remotely. Some 40% want to continue working from home.Two lessons: Companies will have to adjust. And much commercial real estate will remain vacant. Why not convert it into affordable housing?7. Billionaires aren’t the answerThe combined wealth of America’s 657 billionaires grew by $1.3tn – or 44.6% – during the pandemic. Jeff Bezos, with $183.9bn, became the richest man in the world. Larry Page, a co-founder of Google, added $11.8bn to his $94.3bn fortune. Sergey Brin, Google’s other co-founder, added $11.4bn. Yet billionaires’ taxes are lower than ever. Wealthy Americans today pay one-sixth the rate of taxes their counterparts paid in 1953.Lesson: To afford everything the nation needs, raise taxes at the top.8. Government can be the solutionRonald Reagan’s famous quip – “Government is not the solution to our problem, government is the problem” – can now officially be retired. Trump’s “Operation Warp Speed” succeeded in readying vaccines faster than most experts thought possible. Biden got them into more arms more quickly than any vaccination program in history.Furthermore, the $900bn in aid Congress passed in late December prevented millions from losing unemployment benefits and helped sustain the recovery when it was faltering. The $1.9tn Democrats pushed through in March will help the US achieve something it failed to achieve after the 2008-09 recession: a robust recovery.Lesson: The federal government did not just help beat the pandemic. It also did more to keep the nation afloat than in any previous recession. It must be prepared to do so again. More

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      in World Politics

      Expect an Uneven Rebound in MENA and Central Asia

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      Projections, no matter how well-grounded in analytics, are a messy business. Three years ago, COVID-19 was unheard of and then-US President Donald Trump’s politics caused uncertainty in international relations, with democracy in retreat across the world. Despite the best-informed prognostications, predictions failed to capture cross-border variables such as immigration and civil conflict that have yet to play out in rearranging local and regional economic prospects.

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      No region is more complex in terms of confusing signals than the Middle East and North Africa (MENA) and Central Asia. This is the subject of the latest report by the International Monetary Fund titled, “Regional Economic Outlook: Arising from the Pandemic: Building Forward Better.”

      What is clear from a review of the data is that 2020 was an outlier in terms of trend lines earlier in the decade, skewed by the COVID-19 pandemic, erosion of oil prices, diminished domestic economic activity, reduced remittances and other factors that have yet to be brought into an orderly predictive model. Even the IMF had to recalibrate its 2020 report upward for several countries based on rising oil exports, while decreasing marks were given countries slow to vaccinate against COVID-19 and that rely on service-oriented sectors.

      Mixed Outlook

      The numbers indicate a mixed picture, ranging from Oman growing at 7.2% and the West Bank at 6.9%, to Lebanon receiving no projection and Sudan at the bottom of the range with a 1.13% real GDP growth rate. Yet, so much can impact those numbers, from Oman’s heavy debt burden to continuing turmoil in intra-Palestinian and Palestinian-Israeli affairs.

      The good news is that real GDP is expected to grow by 4% in 2021, up from the projection last October of 3.2%. Much of the lift has come from two factors: a more optimistic trend line for the oil producers and the rate of vaccinations in countries that will promote business recovery.

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      As CNBC pointed out, Jihad Azour, director of the IMF’s Middle East and Central Asia department, noted that recovery will be “divergent between countries and uneven between different parts of the population.” Key variables include the extent of vaccine rollout, recovery of tourism and government policies to promote recovery and growth.

      In oil-producing countries, real GDP is projected to increase from 2.7% in 2021 to 3.8% in 2022, with a 5.8% rise in the region’s sector driven by Libya’s return to global markets. Conversely, non-oil producers saw their growth rate estimates reduced from 2.7% to 2.3%. In fact, Georgia, Jordan, Morocco and Tunisia, which are highly dependent on tourism, have been downgraded in light of continuing COVID-19 issues such as vaccination rollout and coverage.

      As the IMF report summary notes, “The outlook will vary significantly across countries, depending on the pandemic’s path, vaccine rollouts, underlying fragilities, exposure to tourism and contact-intensive sectors, and policy space and actions.” From Mauritania to Afghanistan, one can select data that supports or undercuts the projected growth rates. For example, in general, Central Asia countries as a group seem to be poised for stronger results than others. Meanwhile, Arab countries in the Gulf Cooperation Council face greater uncertainty, from resolving debt issues to unforeseen consequences of negotiations with Iran.

      So, how will these projects fare given a pending civil war in Afghanistan and the possible deterioration of oil prices and debt financing by countries such as Bahrain and Oman? Highlighting this latter concern, the report goes on to say that public “gross financing needs in most emerging markets in the region are expected to remain elevated in 2021-22, with downside risks in the event of tighter global financial conditions and/or if fiscal consolidation is delayed due to weaker-than-expected recovery.”

      An Opportunity

      Calling for greater regional and international cooperation to complement “strong domestic policies” focused on the need “to build forward better and accelerate the creation of more inclusive, resilient, sustainable, and green economies,” the IMF is calling on the countries to see a post-pandemic phase as an opportunity. This would involve implementing policies that promote recovery, sustain public health practices that focus on sustainable solutions, and balance “the need for debt sustainability and financial resilience.”

      There is great uncertainty assigning these projections without more conclusive data on the impact of the pandemic, the stress on public finance and credit available to the private sector, and overall economic recovery across borders that relies on factors such as the weather, oil demand, external political shocks and international monetary flows. The IMF report is a very helpful bellwether for setting parameters for ongoing analyses and discussions.

      The views expressed in this article are the author’s own and do not necessarily reflect Fair Observer’s editorial policy. More

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      in US Politics

      Republicans flout mask requirement in US House chamber

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      Republicans in Congress are rebelling against the mask requirement on the House chamber, which remains in place due to Covid-19 safety concerns from Democrats, who hold the majority.During votes on Tuesday, several Republican lawmakers refused to wear masks as they stood in the chamber and encouraged other members to join them.Lawmakers who refuse to wear a face covering are subject to a fine of $500 for the first offense and subsequent offenses can result in a $2,500 fine. In practice, however, the House sergeant-at-arms gives a warning for the first offense.The seven lawmakers who received warnings include Representatives Lauren Boebert of Colorado, Thomas Massie of Kentucky, Marjorie Taylor Greene of Georgia, Chip Roy of Texas, Bob Good of Virginia, Louie Gohmert of Texas and Mary Miller of Illinois, according to the Associated Press.Greene, a Republican extremist, posted a photo of herself with three other Republicans on the House floor without masks. The Georgia lawmaker tweeted: “End the oppression!” along with: “#FreeYourFace.”Massie also tweeted a card casting a “No” vote, along with a caption estimating that 10 Republicans were going maskless on the floor on Tuesday.The Republican stunt comes after the House speaker, Nancy Pelosi, said on Thursday that she would continue requiring masks to be worn on the floor of the chamber. The Centers for Disease Control and Prevention (CDC) said earlier that day that fully vaccinated people can stop wearing masks in almost all settings, including indoors.When asked why she kept the mask rule for the chamber, Pelosi told Bloomberg that it’s not known how many lawmakers and their staff are vaccinated.Democratic lawmakers in both chambers of Congress have a 100% vaccination rate against Covid-19, according to answers from a CNN survey of Capitol Hill published on Friday. However, for Republicans, the numbers are less clear.In total, it is estimated that at least 44% of House members are vaccinated and at least 92% of senators are. More

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      Fauci: Americans will probably need vaccine booster ‘within a year or so’

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      Dr Anthony Fauci said on Wednesday that Americans will probably need a Covid-19 booster shot “within a year or so” as Americans continue to receive vaccinations across the country.The booster may be needed because the durability of protection against the virus is “generally not lifelong”, the chief medical adviser to the president told Axios during a virtual event.On Tuesday, the director of the Food and Drug Administration’s Center for Biologics Evaluation and Research, Dr Peter Marks, also said Covid-19 booster shots, similar to the flu shot, could be needed for fully vaccinated people within a year.Vaccine makers have shown so far that their shots offer strong protection for at least six months, and US health agencies are tracking the impact of new variants on Covid-19 vaccine development.During the interview, Fauci also clarified the new federal guidance on mask-wearing, stating that Americans were “misinterpreting” the announcement.“I think people are misinterpreting, thinking that this is a removal of a mask mandate for everyone. It’s not,” Fauci told Axios’s Mike Allen. “It’s an assurance to those who are vaccinated that they can feel safe, be they outdoors or indoors.”According to Fauci, the mandate “did not explicitly say that unvaccinated people should abandon their masks”.The mask guidance issued by the Centers for Disease Control and Prevention last Thursday said fully vaccinated people did not need to wear a mask indoors or outdoors with the exception of healthcare settings, homeless shelters, prison and jails and on public transportation.While some are feeling a sense of freedom after 15 months of face coverings, others have met the guidance with confusion and skepticism. The agency’s announcement prompted major retailers, including Walmart and Starbucks, to lift mask mandates, and some states, including California, will keep their mask orders in place for another month.At least 37% of Americans are fully vaccinated, according to the CDC. People are considered fully vaccinated two weeks after they receive a second dose of the Pfizer or Moderna vaccine or the single-dose Johnson & Johnson vaccine. More

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      Big Short author Michael Lewis on the inside story of America’s failed Covid response

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      The author and journalist Michael Lewis discusses reporting on a group of individuals who tried to alert the US government to the dangers of its inaction as coronavirus cases began to rise at an alarming rate

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      The author and journalist Michael Lewis has made a career of writing about people who see things coming that most of us don’t. His book The Big Short, which was turned into an Oscar-winning film, followed a group of investors who predicted the collapse of the American housing market in 2007. He tells Rachel Humphreys about the group of individuals who have become the focus of his new book, The Premonition. As Covid case numbers began to rise at an alarming rate across America, Lewis discovered a group of medics and scientists who were trying to alert the US government to the dangers of its inaction. To order The Premonition, visit the Guardian bookshop. More