Categories: Market Overview

Rich world could be close to normal by late 2021 if vaccine works: Bill Gates

Rich countries could be back to close to normal by late 2021 if a COVID-19 vaccine works, is ready soon and distributed properly at scale, billionaire Microsoft founder Bill Gates said on Tuesday. “By late next year you can have things going back pretty close to normal – that’s the best case,” Gates, 64, told The Wall Street Journal CEO Council.

“We still don’t know whether these vaccines will succeed,” Gates said. “Now the capacity will take time to ramp up. And so the allocation within the U.S., and between the U.S. and other countries will be a very top point of contention.” The vaccines developed by Pfizer/BioNTech and AstraZeneca/Oxford University are two of the leading candidates in the race for the first jab to get regulatory approval in the West to prevent COVID-19.

Gates added that in the United States people should be thinking about ways to reduce hesitancy about having a COVID-19 vaccine when one is ready. Asked about Russian and Chinese vaccines, he said the Western companies were further ahead on Phase III studies.

Rich world could be close to normal by late 2021 if vaccine works: Bill Gates, Reuters, Oct 6

The FxPro News Team

This team of professional journalists announces the most interesting and influential articles from the major financial media as a brief summary. All such news may have sufficient potential to affect the course of trading assets.

Share
Published by
The FxPro News Team

Recent Posts

AUDJPY Wave Analysis – 5 December 2025

AUDJPY: ⬆️ Buy - AUDJPY broke long-term resistance level 102.30 - Likely to rise to…

5 hours ago

Aptos Wave Analysis – 5 December 2025

Aptos: ⬇️ Sell - Aptos testing major support at 1.688 - Likely to fall to…

5 hours ago

Pro News Weekly: Market Shake-Up, Dollar Drops, Gold Surges, Bitcoin Wobbles!

Welcome to Pro News Flash! 💵 The U.S. dollar slips 🏆 Major stock indices struggle…

11 hours ago

Solana Wave Analysis – 5 December 2025

Solana: ⬇️ Sell - Solana reversed from resistance zone - Likely to fall to support…

12 hours ago

EURAUD Wave Analysis – 5 December 2025

EURAUD : ⬇️ Sell - EURAUD broke the support level 1.7600 - Likely to fall…

12 hours ago

Forex has set its priorities

In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…

16 hours ago

This website uses cookies