The White House announced the U.S. strategy for global vaccine sharing and their allocation plan for the first 25 million doses to be shared globally.
This will be the first tranche of President Joe Biden's commitment to sharing a total of 80 million doses by the end of June.
Out of the 25 million doses, approximately 6 million will go to Latin America and the Caribbean; 7 million to South and Southeast Asia; and 5 million to the African Union and Africa CDC. "And we're sharing 25 percent of these vaccines with countries with immediate needs and to help surges around the world," White House Press Secretary Jen Psaki said at a news conference.
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.