Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 15,294.50 -12.67 -0.08%
S&P 500 1,650.51 -4.84 -0.29%
Nasdaq 3,459.42 -3.88 -0.11%
Ticker Volume Price Price Delta
STOXX 50 2,786.90 +10.12 0.36%
FTSE 100 6,709.68 +12.89 0.19%
DAX 8,376.36 +24.38 0.29%
Ticker Volume Price Price Delta
Nikkei 14,612.50 +128.47 0.89%
Hang Seng 22,636.40 -33.31 -0.15%
S&P/ASX 200 4,983.50 -78.95 -1.56%

Animal Health Group, Gates to Set Up Goat Plague Vaccine Bank

The World Organisation for Animal Health and the Bill & Melinda Gates Foundation plan to set up a vaccine bank to fight a deadly viral disease of goats and sheep known as peste des petits ruminants, or small ruminants plague.

The Paris-based animal-health group, known as OIE, will write out a public tender by the end of this month for suppliers to establish an operational vaccine bank in Africa, spokeswoman Glaieul Mamaghani said by phone today. The Gates Foundation will provide funding, she said.

The disease, also known as goat plague, is considered the most destructive virus to sheep and goats and can cause death rates of as much as 100 percent, according to the United Nations’ Food & Agriculture Organization.

“PPR is one of the most economically important animal diseases and severely impacts the lives and livelihoods of the world’s poorest,” OIE Director General Bernard Vallat was cited as saying in an e-mailed statement. “We are hopeful that this first initiative marks the beginning of a regional and global control strategy for the disease.”

The OIE said it will develop a pilot strategy for control and longer-term eradication of the disease in two to three African countries. Ghana, Burkina Faso, Mali and Nigeria are priorities for the project, Mamaghani said.

The proposed vaccine bank will have “virtual rolling stock,” meaning vaccines will be produced as needed and renewed on a rolling basis by selected suppliers under contract terms and conditions set by the OIE, the animal-health group said.

To contact the reporter on this story: Rudy Ruitenberg in Paris at rruitenberg@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.

Personal Finance Best Sellers From Amazon

Key Rates

  • Mortgage
  • Home Equity
  • Savings
  • Auto
  • Credit Cards
Today’s national average mortgage rates. Rates may include points.
Type Today 1 Mo
30 Year Fixed Jumbo 4.03% 3.94%
30 Year Fixed 3.77% 3.47%
15 Year Fixed 2.88% 2.71%
10 Year Fixed 2.98% 3.00%
30 Year Fixed Refi 3.76% 3.46%
15 Year Fixed Refi 2.88% 2.68%
5/1 ARM 2.66% 2.61%
5/1 ARM Refi 2.64% 2.56%
View rates in your area »

Source: Bankrate.com

Today’s average home equity rates nationwide.
Type Today 1 Mo
$30K HELOC 5.34% 5.24%
$50K HELOC 4.56% 4.53%
$75K HELOC 4.57% 4.53%
$100K HELOC 4.27% 4.21%
$30K Home Equity Loan 5.95% 6.06%
$50K Home Equity Loan 5.97% 6.02%
$75K Home Equity Loan 5.94% 5.99%
$100K Home Equity Loan 5.80% 5.84%
View rates in your area »

Source: Bankrate.com

Today’s average savings rates nationwide.
Type Today 1 Mo
5 Year CD 1.24% 1.21%
2 Year CD 0.70% 0.66%
1 Year CD 0.57% 0.52%
MMA $10K+ 0.47% 0.50%
MMA $50K+ 0.69% 0.70%
MMA Savings Jumbo 0.58% 0.60%
View rates in your area »

Source: Bankrate.com

Today’s average auto loan rates nationwide.
Type Today 1 Mo
60 Months Used Car 2.97% 3.19%
48 Months Used Car 2.92% 3.13%
36 Months Used Car 2.88% 2.96%
72 Months New Car 2.45% 2.96%
60 Months New Car 2.54% 2.67%
48 Months New Car 2.45% 2.58%
60 Months Auto Refi 4.15% 4.36%
36 Months Auto Refi 3.60% 3.76%
View rates in your area »

Source: Bankrate.com

Today’s average credit card rates nationwide.
Type Today 1 Mo
Standard Variable 14.12% 14.12%
Standard Fixed 13.23% 13.23%
Gold Variable 12.70% 12.70%
Gold Fixed 11.99% 11.99%
Platinum Variable 15.53% 15.57%
Platinum Fixed 12.70% 12.70%
View rates in your area »

Source: Bankrate.com