Global fundraising for COVID-19 vaccine, drugs exceeds $10 billion, EU says

Ursula von der Leyen praised the campaign through her Twitter account. (File/AFP)
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Updated 26 May 2020

Global fundraising for COVID-19 vaccine, drugs exceeds $10 billion, EU says

  • The US shunned the pledging campaign
  • Money was raised from global leaders and other institutions

BRUSSELS: A global campaign to fund the development of vaccines and therapies against COVID-19 has so far raised $10.4 billion, the head of the European Commission said on Tuesday.
“Great result, reaching 1st milestone of GlobalResponse pledging marathon led by EU Commission,” Ursula von der Leyen said on Twitter.

The pledging campaign, which the United States shunned, raised $8 billion from global leaders and other institutions on May 4, when it was launched.


Explosion as fire breaks out at Iranian industrial complex

Updated 13 July 2020

Explosion as fire breaks out at Iranian industrial complex

  • Six storage tanks had caught fire, including the one that exploded, an Iranian official said

Iranian police are investigating after a fire broke out at an industrial complex in northeast Iran where gas condensate storage tanks are sited, one of which exploded, the Mehr news agency reported on Monday.
Javad Jahandoust, the fire chief at the Kavian Fariman industrial complex, some 20 miles (32 kilometers) south of the city of Mashhad, was quoted as saying six storage tanks had caught fire, including the one that exploded.
He said the fire was under control and there were no casualties, but police were investigating the cause.
There have been several explosions and fires around Iranian military, nuclear and industrial facilities since late June.
On Sunday, the official IRNA news agency reported a fire at a petrochemical facility in southwest Iran, which was blamed on an oil leak. There were no casualties.