Global Covid-19 cases declined and the vaccination gap between Emerging Markets (EM) and developed markets (DM) narrowed further. The Coronavac vaccine reduced mortality by 97% in a study in Uruguay. Rainfall in Taiwan alleviated the drought, thereby reducing the risk of further supply chain disruptions. China will now allow every family to have up to three children from two previously. There was better than expected economic data in Brazil and mixed data from India. Indonesia’s finance minister set a fiscal consolidation target despite the challenges posed by the pandemic. Malaysia announced a second national lockdown albeit less stringent than the first one. In Peru, polls pointed to a technical tie between presidential candidates Castillo and Fujimori one week prior to the run-off. Chile eyed more revenues from the copper sector and issued Eurobonds to pay for a new round of support worth 4% of gross domestic product (GDP). The G7 released a statement condemning Belarus’ hijacking of a Ryanair flight.