PAHO says that vaccinating 20% of Latin America against covid-19 will cost more than USD 2 billion = (Video) = Washington, Nov 18, 2020 (AFP) – The Pan American Health Organization (PAHO) said on Wednesday that vaccinating 20% of the population in Latin America and the Caribbean against the new coronavirus will cost more than 2 billion dollars. Jarbas Barbosa, deputy director of PAHO, regional office of the World Health Organization (WHO), quoted at a press conference estimates of the Global Access Mechanism to Vaccines against covid-19, also called COVAX, created to ensure that the immunizations reach all countries equitably. “We know that distributing a vaccine will be challenging and expensive. In fact, the latest projections of the COVAX initiative for Latin America and the Caribbean estimate that vaccinating 20% of the population will cost more than 2,000 millions of dollars, “he said.” And although this figure is high, vaccines are a smart and necessary investment, “he added. Barbosa also welcomed the” good news “in recent days about the development of possible vaccines against covid-19 , which has caused at least 1.3 million deaths in the world that the virus was detected at the end of last year. The American Pfizer and its German partner BioNTech were the first to announce on 9 November that s u vaccine was 90% effective. Two days later, Russia claimed that its was 92% effective and on Monday the American Moderna reported 94.5%. This Wednesday, with the full results of its clinical trial, Pfizer raised its efficacy to 95%. “This is encouraging and we are eager to review the data accompanying the studies,” said Barbosa. “However, we must be clear: only one A vaccine that has been shown to be safe and effective will be approved by regulators, endorsed by WHO, and will ultimately be available through COVAX, “he added. “There is still a lot to do,” he warned. – Record of hospitalizations in the US -Barbosa highlighted the advance of the spread of the virus in the American continent, which in the last week reported almost 1.5 million cases and 19,000 deaths from covid-19, he said, and warned about the record number of hospitalizations in the United States, the country in the world most affected by the pandemic. “The United States continues to see an acceleration of cases, reporting more than a million new infections in the last week alone,” he said. “These increases also have led to a record number of hospitalizations, which is particularly worrying as we know that when our healthcare facilities are overwhelmed, our ability to treat those who are seriously ill is limited. “Some 76,830 people were admitted to hospitals for COVID-19. on Tuesday in the United States, a record number since the global pandemic was declared in mid-March, according to The Covid Tracking Project platform, which collects data The world’s leading power accumulates more than 248,000 deaths and more than 11.3 million infections, according to an AFP balance based on official sources. Barbosa also stressed that Mexico has exceeded one million confirmed cases, while Canada lives a resurgence of the disease. “Today North America continues to be a major driver of new infections,” he said. In South America, in the last two weeks cases have declined in most Andean countries and Argentina continues to see a “sharp decline “. But Brazil is experiencing a new increase in cases and deaths, while Uruguay, until now oblivious to the exponential growth of cases in its neighbors, has seen spikes of infections in some areas of its border with Brazil.