by Constantin Gurdgiev, TrueEconomics.Blogspot.in
COVID19: Worldwide Data 19 June 2021
With some time passing since my last update, and the rates of vaccinations ramping up globally, it is easy to forget the simple, but devastating fact: we are still in a global pandemic.
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Here are the latest weekly totals for new cases and new deaths, worldwide:
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Just as the charts show,
- New cases have fallen significantly from the pandemic peak (Wave 4), but remain above the prior trough between Waves 3 and 4.
- New deaths recorded are still at extremely high levels, and showing an uptick week-on-week in the latest data.
Meanwhile, mortality of new Covid19 cases is stubbornly at the levels observed over the last two waves of the pandemic:
Put differently, the ‘rich’ world is getting vaccinated (albeit with some variation in the rates), while the emerging markets and middle-income economies remain well behind on vaccinations curve. Which means there is continued threat of a global pandemic re-igniting and the looming uncertainty over the new variants emerging.
So much for the ‘reopening’ future…
This article appeared on True Economics 19 June 2021.
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