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Business Matters: Trump says no need to panic over coronavirus

Trump says no need to panic over coronavirus

27/02/2020 GMT

BBC World Service - Business Matters, Trump says no need to panic over coronavirus

President Trump has played down fears over the spread of the COVID-19 coronavirus.

Trump made the comments while putting Vice President Mike Pence in charge of the US response to the outbreak.

He made the comments while putting Vice President Mike Pence in charge of the US response to the outbreak. As the new coronavirus hits more countries, companies warn of the impact on supply chains. Last weekend the mining and minerals group Teck Resources astonished its investors by saying it was abandoning its US$15bn Frontier mine project in Alberta's tar sands. Laura Lau, Senior Vice President of asset management company Brompton, in Toronto, explains why Teck have taken this decision. Malaysia is still dealing with the unexpected resignation last weekend of Prime Minister Mahathir Mohamed. The government collapsed and there is now a race to form a new administration. The BBC's South Asia correspondent Jonathan Head explains why Dr Mahathir resigned.

All this and more discussed with our two guests throughout the show: Ralph Silva of the Silva Research Network, in Toronto. And Jeanette Rodrigues, Bloomberg's bureau chief in Mumbai.

(Photo: President Donald Trump speaks at a news conference on the COVID-19 outbreak as US Vice President Mike Pence watches. Credit: Getty Images.)

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