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Janet Yellen: COVID-19 variants could derail global recovery

Treasury Secretary Janet Yellen on Sunday urged more rapid distribution of COVID-19 vaccines globally, warning that the virus' variants could hinder the worldwide economic recovery, per the New York Times.

The big picture: The comment, made following a meeting in Venice of the finance chiefs of the group of 20 nations, comes as some countries have eased restrictions aimed at curbing the virus.

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