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Indian vaccine maker Serum Institute appeals to Biden to lift embargo on raw material exports

Indian vaccine maker Serum Institute appeals to Biden to lift embargo on raw material exports

THE Serum Institute of India (SII), the world's biggest vaccine maker, on Friday (16) urged the US president Joe Biden to lift an embargo on US exports of raw materials that is hurting its production of Covid-19 shots.

"Respected @POTUS, if we are to truly unite in beating this virus, on behalf of the vaccine industry outside the U.S., I humbly request you to lift the embargo of raw material exports out of the U.S. so that vaccine production can ramp up," SII Chief Executive Adar Poonawalla said in a tweet.


SII is making the AstraZeneca jab for the world and will soon start producing the Novavax vaccine.

India has reported the most number of Covid-19 cases in the world this month. - total of 14.3 million infections since the pandemic began is the most after the United States. The country has also recorded 174,308 deaths.

Many vaccination centres in India are now rationing supplies though they are only inoculating people above 45 years, having started the campaign in mid-January with front-line workers.

India has administered the most doses in the world after the United States and China, but it ranks much lower per capita.

The government said on Friday (16) the country had a stock of about 26.7 million doses of vaccines.

India this week gave emergency authorisation to Russia's Sputnik V vaccine and imports to cover as many as 125 million people will start this month.

The government has also urged Pfizer, Moderna and Johnson and Johnson to sell their shots to India.

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London tourist levy

The capital recorded 89 m overnight stays in 2024

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London to introduce tourist levy that could raise £240 million a year

Kumail Jaffer

Highlights

  • Government expected to give London powers to bring in a tourist levy on overnight stays.
  • GLA study says a £1 fee could raise £91m, a 5 per cent charge could generate £240m annually.
  • Research suggests London would not see a major fall in visitor numbers if levy introduced.
The mayor of London has welcomed reports that he will soon be allowed to introduce a tourist levy on overnight visitors, with new analysis outlining how a charge could work in the capital.
Early estimates suggest a London levy could raise as much as £240 m every year. The capital recorded 89 m overnight stays in 2024.

Chancellor Rachel Reeves is expected to give Sadiq Khan and other English city leaders the power to impose such a levy through the upcoming English Devolution and Community Empowerment Bill. London currently cannot set its own tourist tax, making England the only G7 nation where national government blocks local authorities from doing so.

A spokesperson for the mayor said City Hall supported the idea in principle, adding “The Mayor has been clear that a modest tourist levy, similar to other international cities, would boost our economy, deliver growth and help cement London’s reputation as a global tourism and business destination.”

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