Vaccine 'milestone' hailed as global Covid cases soar

Washington (AFP) – One of the teams racing to develop a coronavirus vaccine announced Monday its drug had shown 90 percent effectiveness, sending markets soaring and raising hopes of an end to the worst pandemic in a century.US pharmaceutical giant Pfizer said tests involving more than 40,000 people had provided results that were a “critical milestone” in the search for a vaccine, as global infections soared past 50 million — including an alarming 10 million now in the United States alone.Stock markets had already jumped after Democrat Joe Biden was called as the winner of the US presidential…

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