The World Health Organization (WHO) began discussions on lowering the level of alert over COVID-19.
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WHO sources said that no decision would be announced before Monday.
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Experts in the WHO's emergency committee on COVID-19 are holding their 14th meeting since the start of the pandemic. The panel meets every three months to discuss the crisis and then brief WHO chief Tedros Adhanom Ghebreyesus.
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The WHO currently classes the COVID-19 pandemic as a "public health emergency of international concern," which is the highest level of alert defined by the organization.
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Last month, top German virologist Christian Drosten said that "the pandemic is over" and that the virus had become "endemic," with infection rates not rising or falling significantly.
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However, WHO chief Tedros noted before the Friday meeting that over 170,000 COVID-19 deaths had been reported that in recent weeks.
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"The actual number is certainly much higher," he said.
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Although the weekly death rate had dropped below 10,000 in October, they have been rising against since December amid new waves of infections in China.
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Tedros said that just in the last week "almost 40,000 deaths were reported to WHO, more than half of them from China."
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China significantly reduced COVID-19 restrictions in December, leading to a surge in cases. Infection rates appeared to have stabilized in major cities by mid-January.
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The WHO chief said that the fight against COVID-19 was still held back by a lack of vaccines, tests and treatments.
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"The global response remains hobbled because in too many countries, these powerful, life-saving tools are still not getting to the populations that need them most — especially older people and health workers," Tedros said.
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He added that trust in healthcare is being undermined by a "continuous torrent" of misinformation and that health systems were struggling to cope with the burden of COVID-19 cases.
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"While we are clearly in better shape than three years ago when this pandemic first hit, the global collective response is once again under strain," Tedros said earlier this week.
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He also said too few people around the world are adequately vaccinated.
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COVID-19 will "continue to kill, unless we do more to get health tools to people that need them," according to the WHO chief..
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