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U.S. announces destinations for 55 million more COVID vaccine doses

Jun. 21, 2021 04:05PM EST
Dan Ackermann

The Biden administration on Monday announced a list of countries that will receive the remaining 55 million COVID-19 vaccine doses that the U.S. has pledged to allocate by the end of this month.

The state of play: The White House had previously named the recipients of the first 25 million of the 80 million doses that the U.S. has pledged to export, as it took its first step toward becoming a global vaccine supplier.

  • The WHO-backed COVAX initiative has been short of doses due to its inability to tap into global supply.
  • Countries from all over the world have been requesting doses from the U.S., but many have had to turn to Russia or China for supply instead.

By the numbers: The U.S. will share 75% of these doses through COVAX, while 25% will be shared directly with individual countries.

  • The specific breakdown of doses by country was not provided, but 41 million doses will be split through COVAX between countries in Asia, Africa, Latin America and the Caribbean.
  • 14 million doses, or 25% of the next batch, will be shared directly with "regional priorities" in Asia, the Middle East, Africa and Eastern Europe, such as Afghanistan, the West Bank and Gaza, Ukraine, Georgia and more.
  • Read the White House's full fact sheet.

What they're saying: "This will take time, but the President has directed the Administration to use all the levers of the U.S. government to protect individuals from this virus as quickly as possible," the White House said in a statement.

  • "The specific vaccines and amounts will be determined and shared as the administration works through the logistical, regulatory and other parameters particular to each region and country," the statement added.

The big picture: President Biden and G7 leaders have pledged to send 1 billion doses to the developing world, including 500 million from the U.S. alone. It's not entirely clear where the remaining doses will come from.

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Louisiana governor says damage from Hurricane Ida is "catastrophic"

Louisiana Gov. John Bel Edwards said Monday the damage in the aftermath of Hurricane Ida, one of the strongest hurricanes to hit the state on record, "is really catastrophic."

Why it matters: Edwards, speaking on NBC's the TODAY Show, did not confirm if there were additional deaths beyond the first death that had been confirmed on Sunday night but said, "I fully expect the confirmed death total to go up considerably."

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NVIDIA tops highest paying internships list

In the past year as the pandemic raged on, some of the world's most valuable companies continued to grow and compensate their workers well above national medians – interns included.

Driving the news: Workplace review platform Glassdoor published its 2021 report todayon the 25 highest paying U.S. internships.

  • Tech companies once again dominated the list, taking up 16 spots.
  • Banks made the list six times and energy companies show up twice.

Why it matters: Internships offer companies a wide recruiting pool to fill full-time hiring pipelines — and in tech, the need for fresh talent is so acute that companies often have to outspend one another to be competitive.

Topping Glassdoor's list this year in median monthly pay:

  • NVIDIA, $8,811 ($105,732 yearly)
  • Facebook, $8,023
  • LinkedIn, $8,009
  • Amazon, $7,954
  • Salesforce, $7,710
  • Rounding out the top 10 are Capital One, Microsoft, Uber, Google, and ExxonMobil.

For context: Top internship pay growth is outpacing growth of national median income and earnings by a significant margin.

  • Median household incomes in the U.S. grew 6.8% to $68,703 in 2019, while median earnings for workers 15 and older grew 1.4% to $41,537.
  • The top median monthly pay for interns grew 10% from 2019. (Glassdoor publishes this list every other year, and Facebook topped the previous list at $8,000.)

Worthy of note: NVIDIA ranked second on Glassdoor's top paying companies in 2019.

  • Tesla shows up on this year's highest paying internship list at 24 with a median monthly pay of $5,348 and is flagged as going through a hiring surge right now.
  • The spread between the top spot on this year's list versus the 25th spot, occupied by Cisco Systems, is $3,463 or $41,552 on a yearly basis.
  • Many Big Tech internships went virtual last year amid the pandemic shutdowns.

Yes, but: While these numbers may be enviable, some 40% of internships at for-profit companies are unpaid because many employers still view summer internships as a "rite of passage."

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