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Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

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On Thursday, January 28, Axios' Dan Primack hosted a conversation on financial inclusion in the global economy, featuring Sen. Tina Smith (D-Minn.) and Institute for Women's Policy Research CEO C. Nicole Mason.

Sen. Tina Smith discussed the impact of the COVID-19 pandemic, uneven access to technology, and the role of systemic racism in growing economic inequities.

  • On what she thinks will be the most effective way to move the needle on financial equity: "Raising the minimum wage to $15 an hour...is one of the biggest things that we can do to address the wage inequality and savings potential for people of color in this country."
  • On Democrats' economic goals going into the new administration: "Addressing this kind of discrimination in financial services and creating more opportunities for people of color to get access to banking services, loans, access to capital is a big priority for us as [Democrats] move into the majority."

C. Nicole Mason discussed how job losses during the pandemic reflect existing gender and racial inequities, as well as the disproportionate burden of childcare on women.

  • On the scale of job losses for women: "Since the start of the pandemic, women have exited the workforce at four times the rate of men, so about 11 million women since the start of the pandemic have lost their jobs or exited the workforce."
  • On childcare as an equity issue: "With the pandemic, the burden [of childcare] doubled and tripled...We need a national childcare infrastructure where we keep up childcare as a public good and people can access it regardless of their income or ability."

Axios co-founder and CEO Jim VandeHei hosted a View from the Top segment with Executive Vice President and Chief Executive Officer of Europe, Visa Charlotte Hogg, who discussed digital and financial inclusion as a component of economic equity during the pandemic.

  • "We have to think about inclusion as being digitally, financially included. [From] small businesses who are increasingly important in driving towards a more inclusive recovery and who need to be digitally enabled to participate in that, [to] consumers who for various reasons may be vulnerable."

Thank you Visa for sponsoring this event.

Go deeper

Jan 29, 2021 - Health

WHO says most pregnant women can now receive coronavirus vaccine

A doctor administering Moderna's coronavirus vaccine at a university hospital in Essen, Germany, on Jan. 18. Photo: Lukas Schulze/Getty Images

The World Health Organization has altered its guidance for pregnant women who wish to receive the coronavirus vaccine, saying now that those at high risk of exposure to the COVID-19 or who have comorbidities that increase their risk of severe disease, may be vaccinated.

Why it matters: The WHO drew backlash for its previous guidance that did not recommend pregnant women be inoculated with vaccines made by Pfizer-BioNTech or Moderna, even though data indicated that pregnancy increased the risk of developing severe illness from the virus.

16 mins ago - World

China crosses 1 billion vaccinations, with 500 million in one month

Expand chart
Data: Our World in Data; Chart: Danielle Alberti/Axios

China has now administered 1 billion doses of coronavirus vaccines — 500 million of them in just the past month. That's half of the global total during that period.

The big picture: China's vaccine rollout started slowly, due in part to a low sense of urgency and also to the fact that the government was focusing on exporting doses.

1 hour ago - Sports

Raiders player becomes first active in NFL to come out as gay

Photo: Julio Aguilar via Getty Images

Las Vegas Raiders player Carl Nassib becomes the first active NFL player in history to come out as gay on Monday.

Driving the news: Nassib said he was coming out now because "representation and visibility are so important" and he will be donating $100,000 to the Trevor Project, a suicide prevention service for LGBTQ youth in the U.S.