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Pfizer jab can be stored in fridge for a month: EMA

AFP/Editor

The EU’s drug agency on Monday approved the storage of the Pfizer-BioNTech coronavirus vaccine in fridges for up to a month, in a move that should boost its rollout across the bloc.

The storage period in fridges of unopened vials of the vaccine, which initially had to be stored in super-cooled freezers, had been lengthened from five days, the European Medicines Agency said.

“Increased flexibility in the storage and handling of the vaccine is expected to have a significant impact on planning and logistics of vaccine rollout in EU member states,” the Amsterdam-based EMA said.

“This change extends the approved storage period of the unopened thawed vial at two-eight degrees Celsius (35 to 46 Fahrenheit) [i.e. in a normal fridge after taking out of deep-freeze conditions] from five days to one month (31 days),” it added.

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The Pfizer vaccine’s high effectiveness against coronavirus has been tempered by the difficulty of storing and transporting the jab due to the need for the super-cold conditions originally required.

In March the EMA said however that the jab could be stored in normal freezers, before allowing it to remain for fridges for short periods of time.

German developer BioNTech, which makes the vaccine along with US pharma giant Pfizer, said the EMA had made the decision based on new information it had supplied.

“The change of the storage conditions is based on new data from stability studies that confirmed the product quality for 31 days,” it said in a statement.

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US panel backs Trump-themed coin amid controversy

The United States Department of the Treasury confirmed to AFP that the Commission of Fine Arts approved the design of a new collectible coin featuring Donald Trump, with members of the commission appointed by the current administration.

According to the proposal, the coin will feature an image of Trump standing with clenched fists over a desk on the obverse, while the reverse will display an eagle, a traditional symbol of the United States.

The sale price of the collectible has not yet been disclosed, although the United States Mint typically offers similar items for more than $1,000.

“There is no more iconic portrait for the front of these coins than that of our president Donald Trump,” U.S. Treasurer Brandon Beach said in a statement sent to AFP. He added that two additional coins — a $1 piece and a one-ounce gold coin — are also under consideration.

However, the Citizens Coinage Advisory Committee (CCAC), another body responsible for reviewing new coin proposals, declined to discuss the Trump design in late February.

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“Only nations governed by kings or dictators place the image of a sitting leader on their currency,” said Donald Scarinciat the time. “No country in the world has minted coins featuring a democratically elected leader during their term in office,” he added.

When contacted by AFP, the Treasury Department did not immediately respond to requests for further comment.

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Fed’s Waller warns of rising inflation risks amid Middle East conflict

Christopher Waller, a governor at the Federal Reserve, said Friday that he is increasingly concerned about the inflationary impact of the ongoing conflict involving United States and Israel against Iran, particularly due to the prolonged closure of the Strait of Hormuz.

Waller, who had supported interest rate cuts over the past year amid concerns about the labor market, said he has shifted his stance in recent weeks due to rising inflation risks.

“Since the Strait of Hormuz was closed, it suggests this conflict could be much more prolonged and that oil prices will remain elevated for longer,” Waller said in an interview with CNBC.

“Therefore, this indicates that inflation is a greater concern than I had previously assessed,” he added.

Waller also backed the Federal Reserve’s decision earlier this week to keep interest rates unchanged, signaling a more cautious approach as global geopolitical tensions continue to affect economic outlooks.

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Brazil offers to mediate Colombia-Ecuador tensions, calls for restraint

The government of Brazil has offered to mediate in the ongoing tensions between Colombia and Ecuador, while calling on both nations to exercise restraint.

In a statement released Wednesday, Brazil’s Ministry of Foreign Affairs urged the parties involved to act with moderation and seek a peaceful resolution to the dispute.

“Brazil encourages all sides to act with moderation in order to find a peaceful solution to the controversy. It stands ready to support dialogue efforts aimed at preserving peace and security in the region,” the statement said.

Brazil also expressed “serious concern” over reports of deaths in the border area between Colombia and Ecuador, noting that the circumstances surrounding the incidents have not yet been clarified.

The diplomatic move comes amid rising tensions between the neighboring countries, increasing regional concern over stability and security along their shared border.

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