World
Vaccine update: How long until we've administered enough?

Vaccine update: How long until we've administered enough?

Israel has now administered a COVID-19 vaccine dose to almost 70% of its population, approaching the 75-90% level that many experts believe could offer herd immunity to a population.

Although still nowhere near Israel's rate, the US and UK also make it into the top 5 countries for vaccinations, with the UK having administered a vaccine dose to 19% of its population, and the US having done 13%.

How long to get to "fully vaccinated"?

Let's assume for the sake of argument that the necessary number is ~80% of a population. At the current pace the UK will reach that milestone in about 16 weeks — which is roughly the end of May. At the US' current speed, it will take around another 22 weeks to get to that level, which would be sometime in mid-July.

There are obviously many caveats to those possible timelines, probably most notably the risk of disruption or delay to the vaccine supply chain — which is exactly what has been happening across Europe — but they should be useful as a rough guide. It's also important to note that many of these vaccines being administered need a second dose to be fully effective, which will likely slow the progress.

Nevertheless, assuming these timelines are even remotely accurate, they raise an important question. If the UK, US and other more-developed nations do manage to vaccinate their populations during 2021, to what extent will they turn their attention and resource to helping less developed countries do the same?

For the full vaccination data by country check our Our World In Data.

More World

See all World
world

The UAE’s OPEC exit will hit the group in the barrels

After just shy of 60 years in OPEC, its membership even predating its status as a nation-state, the United Arab Emirates yesterday announced its shocking departure from the oil production group, effective May 1, as the knock-on effects of the Iran war continue to play out across the Middle East and the energy landscape.

For context, the UAE produces the third-highest amount of oil in the group, per April data and OPEC’s latest set of annual statistics.

According to the cartel’s 2025 Annual Statistical Bulletin, the OPEC group was collectively exporting some 19 million barrels of crude oil a day last year, with the United Arab Emirates accounting for some 14% of that daily output.

UAExit means UAExit

The nation, whose energy minister told Reuters yesterday that the decision was taken “after a careful look at current and future policies related to level of production” and wasn’t made following discussions with any other country, made up a healthy share of the group’s total confirmed crude oil reserves, as well.

OPEC exports chart
Sherwood News

Of the 12 nations in the core group, which was founded by just five oil superpowers back in September 1960, only two (Iraq and Saudi Arabia) exported more barrels of crude oil daily, pumping out 3.36 million and 6.05 million barrels, respectively, each day to nations around the world.

For its part, the UAE said it will “continue its responsible role by gradually and thoughtfully increasing production, in line with demand and market conditions,” per the official state news agency. Clearly, the nation now wants a little more control of just how much oil it can pump around the world, with the UAE having to eat a large proportion of lost revenues due to its healthy abundance and OPEC restrictions.

According to the cartel’s 2025 Annual Statistical Bulletin, the OPEC group was collectively exporting some 19 million barrels of crude oil a day last year, with the United Arab Emirates accounting for some 14% of that daily output.

UAExit means UAExit

The nation, whose energy minister told Reuters yesterday that the decision was taken “after a careful look at current and future policies related to level of production” and wasn’t made following discussions with any other country, made up a healthy share of the group’s total confirmed crude oil reserves, as well.

OPEC exports chart
Sherwood News

Of the 12 nations in the core group, which was founded by just five oil superpowers back in September 1960, only two (Iraq and Saudi Arabia) exported more barrels of crude oil daily, pumping out 3.36 million and 6.05 million barrels, respectively, each day to nations around the world.

For its part, the UAE said it will “continue its responsible role by gradually and thoughtfully increasing production, in line with demand and market conditions,” per the official state news agency. Clearly, the nation now wants a little more control of just how much oil it can pump around the world, with the UAE having to eat a large proportion of lost revenues due to its healthy abundance and OPEC restrictions.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Derivatives, LLC, or Robinhood Money, LLC. Futures and event contracts are offered through Robinhood Derivatives, LLC.