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Added on the 12/03/2018 21:10:18 - Copyright : France 24 EN
Chinese virologists linked to former Trump strategist Steve Bannon released another paper Thursday on COVID-19. According to Business Insider, the group claims the novel coronavirus is 'an unrestricted bioweapon.' One of the authors, Li-Meng Yan, told Fox News commentator Tucker Carlson that the virus was 'intentionally' released by the Chinese government. The authors accuse scientists of depositing fake coronavirus sequences in GenBank, a genetic sequence database run by the National Institutes of Health. Experts quickly debunked the claim, calling it 'bizarre and unfounded.' Most think the virus originated in bats before jumping to people. In fact, one study found that it shared 96% of its genetic code with coronaviruses sampled from Chinese bat populations.
On Thursday, IBM stock surged. The boost to the stock came after it announced plans to spin off its legacy managed infrastructure business. IBM plans to solely focus on building up its cloud division. The spinoff is expected to be tax-free for IBM shareholders and will be completed by the end of 2021, the company said. "IBM is laser-focused on the $1 trillion hybrid cloud opportunity," IBM CEO Arvind Krishna said. Business Insider reports that IBM also released preliminary third quarter earnings results.
International Monetary Fund Managing Director Kristalina Georgieva says during a press conference in Davos that the IMF has lowered the global growth forecast for 2020 and 2021. SOUNDBITE
Snowflakes fell on palm trees as the city of Tallahassee saw its first significant snowfall in nearly three decades on Wednesday. About 0.1 inches of snow fell on Florida's capital city, the first measurable snowfall since 1989. Wintry conditions can be hazardous in northern Florida, since most towns don’t have snow removal equipment or salting trucks. The weather is believed to have been caused by the storm system known as the bomb cyclone, which is gearing up to hit cities across the entire east coast from today through the weekend.
China's PMI reading expands at its fastest in two years and Japan posts its most encouraging manufacturing PMI in 9 months. But as David Pollard reports, the Bank of Japan says it'll take longer to get inflation back up to target than previously thought.
Oil prices rallied on Monday after Venezuela's President Nicolas Maduro said an OPEC deal to limit the production of oil could be struck this month. Kate King reports
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