Global markets drop, spooked by China-US tensions over virus

Trump says China made 'horrible mistake', tried to cover coronavirus epidemic

COVID-19: Pompeo says the virus "enormous evidence" comes from the Wuhan laboratory

"China likely cut its exports of medical supplies prior to its January WHO (World Health Organization) notification that COVID-19 is a contagion", said a four-page intelligence report from the Department of Homeland Security (DHS) dated May 1 and obtained by The Associated Press.

Secretary of State Mike Pompeo said on Sunday that there is "enormous evidence" to indicate Covid-19 originated in China's Wuhan Institute of Virology.

"In terms of worldwide concealing", she said, "I assume you think they did that intentionally to keep as many masks for themselves as possible".

Mr Pompeo then briefly contradicted a statement issued this week by the top U.S. spy agency that said the virus did not appear to be man-made or genetically modified.

President Donald Trump's political opponents have accused him of lashing out in China, a geopolitical foe but crucial US trade spouse, to divert criticism in the home. Washington has so far presented no evidence publicly that the virus came from a lab, which Beijing strongly denies.

Bannon last week said on a United States far-right talk show that China had committed a "biological Chernobyl" against America and advocated the theory that the virus originated in the Wuhan Institute of Virology, echoing recent White House rhetoric.

Trump noted that the United States "foolishly" has been paying the group $450 million a year whereas China has been paying $38 million a year. This virus should not have spread all over the world. He noted this is not the first time the world has been exposed to a virus due to failures in a Chinese lab.

Trump also said on Thursday it was possible that China either could not stop the spread of the coronavirus or allowed it to spread.

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Moreover, Berkshire is already heavily invested in some of those industries, such as energy, airlines and financial services, according to Mr.


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The U.N.'s World Food Programme has reported the first disruptions in some food supply chains that "could bite deep", he said. At a press conference in Geneva , Switzerland Monday, Director General, Dr Tedros Ghebreyesus had this to tell all nations.


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Gavin Newsom on Thursday, April 30 shutdown beaches across the Orange County coastline, prompting ire from local officials . She said the county of about 9,000 people in the state's far northeast corner near OR had no COVID-19 cases.


"The truth is that Pompeo does not have any evidence, and during Sunday's interview, he was bluffing", the editorial board of the Global Times, a daily newspaper published by the Chinese Communist Party, wrote in a Monday article.

"This moment is a ideal storm; the pandemic has crystallized all the worries that people have had about doing business with China", a senior USA official said.

Around 248,000 people have died since the coronavirus emerged in China late a year ago and swept across the globe, given wings by the vast network of air routes that in normal times keep the modern world ticking.

Scientists from China's top medical research centres believes the world could be hit with a yearly wave of novel coronavirus, similar to the way the flu works.

China and the USA have repeatedly traded barbs over the virus' origins in an escalating war of words, after the Foreign Ministry spokesman Zhao Lijian in March pushed the conspiracy theory that the U.S. military may have brought the virus to China.

He said early Chinese efforts to downplay the coronavirus amounted to "a classic Communist disinformation effort".

"Not wanting to take responsibility as the deaths continue to mount, he blames others", Senator Patrick Leahy of Vermont said in a statement.

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