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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    CIA now says COVID-19 'more likely' to have come from lab

    Published by Global Banking and Finance Review

    Posted on January 25, 2025

    Featured image for article about Headlines

    By Erin Banco

    NEW YORK (Reuters) - The Central Intelligence Agency has assessed that the COVID-19 pandemic is "more likely" to have emerged from a lab rather than from nature, an agency spokesperson said on Saturday.

    The agency had for years said it could not conclude whether COVID-19 was the result of a lab incident or it originated in nature. But in the final weeks of the Biden administration, former CIA Director William Burns asked CIA analysts and scientists to make a clear determination, stressing the pandemic's historical significance, according to a senior U.S. official.

    The CIA says it has "low confidence" in its assessment that a "research-related origin of the COVID-19 pandemic is more likely" and notes in its statement that both scenarios - lab origin and natural origin - remain plausible.

    The Chinese embassy in Washington did not immediately respond to a request for comment.

    It was unclear the extent to which the agency has collected new intelligence on COVID-19's origins and whether that new evidence was used to formulate the latest assessment.

    China’s government says it supports and has taken part in research to determine COVID-19’s origin, and has accused Washington of politicizing the matter, especially because of efforts by U.S. intelligence agencies to investigate.

    Beijing has said claims that a laboratory leak likely caused the pandemic have no credibility.

    In an interview with Breitbart following his confirmation by the U.S. Senate on Friday, CIA Director John Ratcliffe said one of his first priorities was getting his agency to make a public assessment on the pandemic's origins.

    “That’s a day-one thing for me," he said. "I’ve been on record as you know in saying I think our intelligence, our science, and our common sense all really dictate that the origins of COVID was a leak at the Wuhan Institute of Virology."

    (Reporting by Erin Banco; Editing by Daniel Wallis)

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