- ECONOMIC IMPACT -
Latest update: 19 May
The total number of Covid-19 vaccine doses administered has surpassed the total number of people infected by the virus, thanks to an inoculation roll-out that is unprecedented in scale and impact, following 163 million confirmed cases.
Gibraltar has become the first country in the world to reach herd immunity in the fight against Covid-19, and the Seychelles, Israel and the Falklands are set to reach the same golden threshold shortly, thanks to their vaccination programmes.
Promising clinical data continues to emerge from the 4,985 clinical trials for Covid-19.
If the present rate of vaccination continues, it will take 101 days to dose 85% of the adult population in the US.
Vaccination programmes are leading countries towards herd immunity
- SECTOR IMPACT: TRAVEL AND TOURISM -
Latest update: 16 May
INTERNATIONAL TRAVEL COSTS
IAG, the owner of British Airways, reported a record £6.3bn ($8.8bn) loss in 2020 thanks to Covid-19.
Italy lost out on an astonishing £105bn (€121bn) in travel and tourism thanks to Covid-19 restrictions.
IMPACT FOCUS: RENTAL INDUSTRY
Low tourist demand means many cars rental companies have been forced to sell their fleets in order to stay afloat during the Covid-19 pandemic.
Markets in which airport pickup is the largest channel, like the US, have particularly suffered, but the effect has been felt all over the world.
But as demand picks up, with more people traveling and supply still down, major price hikes are likely to be in store for anyone who wants to rent a car.
KEY TRAVEL AND TOURISM DEVELOPMENTS