China: Pompeo ‘insane’ over coronavirus lab theory – live updates

  • China’s state broadcaster CCTV attacked US Secretary of State Mike Pompeo’s “insane and evasive remarks” over the origins of the coronavirus pandemic.
  • Germany’s health minister said developing a new vaccine for the coronavirus could take “years” after US President DonaldTrump predicted it could be achieved by the end of 2020.
  • Malaysia and India are among countries in Asia that will begin to ease parts of their lockdown on Monday.
  • The number of confirmed cases of coronavirus exceeds 3.5 million. More than 247,000 people have died while about 1.1 million have recovered.

Here are the latest updates:

Monday, May 4

16:40 GMT – UK coronavirus death toll rises by 288 to 28,734

Britain’s COVID-19 death toll has risen by 288 to 28,734, according to figures announced on Monday by Health Secretary Matt Hancock.

The increase was the smallest since late March, Hancock said, adding that he expected it to rise in coming days as the numbers tended to be lower during the weekend

16:30 GMT –  World leaders pledge $8 billion to combat coronavirus: EU

World leaders promised $8 billion on Monday for the fight against the coronavirus pandemic, European Commission head Ursula von der Leyen said at the end of a pledging event that she chaired.

“In the space of just few hours we have collectively pledged 7.4 billion euros ($8.07 billion) for vaccine, diagnostics and treatment” against COVID-19, von der Leyen said.

“This will help kick-start unprecedented global cooperation,” she added.

16:10 GMT – Italy’s coronavirus death toll rises by 195 to 29,079 

Deaths from the COVID-19 epidemic in Italy climbed by 195, against 174 the day before, the Civil Protection Agency said, but the daily tally of new infections declined to 1,221 from 1,389 on Sunday.

Italy’s daily death toll in recent weeks has always fallen on Sundays and risen the following day, while the underlying trend has been steadily declining since a peak above 900 daily fatalities around the end of March.

The total death toll since the outbreak came to light on February 21 now stands at 29,079 the agency said, the second highest in the world after that of the United States.

The number of confirmed cases amounts to 211,938, the third highest global tally behind those of the United States and Spain.

Italy’s true death toll from the disease is much higher than is reported by the Civil Protection Agency in its daily bulletins, national statistics agency said in an analysis of nationwide mortalities from all causes released on Monday.

The Civil Protection Agency said people registered as currently carrying the illness fell to 99,980 from 100,179 on Sunday.

There were 1,479 people in intensive care on Monday against 1,501 the day before, maintaining a long-running decline. Of those originally infected, 82,879 were declared recovered against 81,654 on Sunday.

The agency said 1.480 million people had been tested for the virus against 1.457 million the day before, out of a population of around 60 million.

15:50 GMT – Yemen records two new coronavirus cases 

Yemen has reported two new coronavirus infectio

ns in Hadhramout, the national emergency coronavirus committee said, raising the number of diagnosed infections in the war-town country to 12 with two deaths.

The province of Hadhramout was where Yemen recorded its first case of COVID-19 on April 10. The United Nations says it fears the coronavirus could be spreading undetected among an acutely malnourished population with inadequate testing capabilities.

15:25 GMT – Turkey’s 3D-printing movement shields coronavirus workers

Turkey’s 3 Boyutlu Destek is a collective production movement that started as the coronavirus pandemic hit in March.

The movement now boasts more than 3,500 volunteers spread across 81 cities in the country and about 4,500 3D printers. Their primary production is face-shields, printing more than 25,000 in one week and then distributing to more than 250 hospitals.

15:15 GMT – Saudi Arabia dollar bonds pressured after Moody’s downgrade

Saudi Arabian government dollar bonds posted losses on Monday after the finance minister said Riyadh would have to take painful measures to deal with the impact of the coronavirus and Moody’s downgraded the country’s ratings outlook.

Moody’s cut Saudi Arabia’s outlook to negative from stable on May 3, citing higher fiscal risks due to the crash in oil prices and uncertainty about the government’s ability to offset oil revenue losses and stabilise its debt in the medium term.

15:05 GMT – US stocks fall on US-China tensions and Buffett airline sell-off

United States stocks tumbled on Monday in early morning trading in New York on worries of growing US-China tensions over the coronavirus crisis and the state of the airline industry after billionaire investor Warren Buffett’s Berkshire Hathaway said it offloaded its entire stake in the top four US carriers.

 

 

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