US Treasury Secretary Janet Yellen is deeply concerned about the impact that the advance of variants of the coronavirus could have on the world’s economic recovery.
Yellen said that in Venice where the G20 summit, the group of nineteen major industrialized countries and the European Union, was held this weekend.
“We are very anxious about the delta variant and other variants that could arise and threaten the recovery,” Yellen said. She pointed out that countries are intertwined in the global economy. “What happens in one part of the world affects all countries.”
Yellen underlined the importance of financing vaccines for developing countries to fight against the coronavirus but added additional needs. As an example, she mentioned sending items that protect against the virus to poor countries.