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Coronavirus live news: concern in Germany over public reluctance to have Oxford/AstraZeneca vaccine

German health minister says he would be happy to have ‘safe and effective’ AstraZeneca jab amid fears people are turning down the vaccine

Turkey’s president Recep Erdoğan said on Wednesday the country would enter a gradual normalisation period, privince by province, in March.

Weekend lockdowns, which have been in place since December, would be lifted gradually on a provincial basis subject to low infection numbers, he said.

The roadmap for the opening of restaurants and cafes will be revealed next week.

[The] short-term employment allowance is extended for the last time until end of March.

The pandemic has added $24tn to the global debt mountain over the last year a new study has shown, leaving it at a record $281tn and the worldwide debt-to-GDP ratio at over 355%.

Reuters reports:

The Institute of International Finance’s global debt monitor estimated government support programmes had accounted for half of the rise, while global firms, banks and households added $5.4tn, $3.9tn and $2.6tn respectively.

It has meant that debt as a ratio of world economic output known as gross domestic product surged by 35 percentage points to more than 355% of GDP.

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Read the original article at The Guardian

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