U.S. President Joe Biden supported a proposal to waive World Trade Organisation intellectual property (IP) rules, which would allow poorer countries to produce vaccine for themselves on Wednesday. As the pandemic continues to rampage through every nook and cranny of India, the U.S. and some other wealthier countries are hoping to deliver even more vaccines to India. The aforementioned proposal is seen as a tactic to convince drugmakers to back less drastic steps like sharing technology and expanding joint venture to quickly boost global production. Meantime, more job opportunities were created in April in the U.S. as the economy is recovering quickly from the economic recession brought by the COVID-19 pandemic.
To the charts now:
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SW FRANC: 0.9074
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