Vaccine success: Green shoots of hope for economic recovery ...Qatar

It can’t just be bad news forever for the global economy. After close to a year of depressing developments on all fronts, green shoots of recovery are in sight despite the raging virus still wreaking havoc on the financial world. American biotechnology company Moderna said on Monday its Covid-19 vaccine is 94.5% effective in a large late-stage clinical trial. The highly positive result comes just a week after Pfizer and Germany’s BioNTech said their shot is more than 90% effective in an interim analysis.  The best-case outcome: Soon, millions of people around the world could be spared from illness by the breakthroughs. Global stock markets surged on Monday reflecting the long-term economic

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