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The success of Brazil’s vaccine program will have a ripple effect on countries to which it exports commodities such as steel. Michael Dantas/AFP via Getty Images

The $4 trillion economic cost of not vaccinating the entire world

The world’s most advanced economies will incur half the total costs associated with a failure to vaccinate poorer nations, which could exceed $4 trillion if only half their citizens are inoculated.
A man looks at foreign currency exchange rates on an electronic panel in Jakarta, Indonesia. FOTO ANTARA/Rosa Panggabean/ed/mes/11

Indonesia and China inked a deal to promote the use of the Yuan and Rupiah. The political and economic implications are huge

The agreement marks a key milestone in strengthening bilateral financial cooperation between the world’s largest exporter, China, and Southeast Asia’s largest economy, Indonesia.

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