Stories for March 2020

Wednesday, March 11th 2020 - 06:54 UTC
Prince Andrew “shuts the door” on cooperating with FBI in Epstein investigation

Britain's Prince Andrew has “completely shut the door” on cooperating with the FBI in its investigation into late sex offender Jeffrey Epstein, a US prosecutor said. Despite publicly offering his assistance, “Prince Andrew has now completely shut the door on voluntary cooperation,” said New York attorney Geoffrey Berman, who had already accused the prince in late January of failing to cooperate.
Wednesday, March 11th 2020 - 06:39 UTC
Airfreight in Asia skyrockets as Chinese industry restarts with passenger flights grounded

Airfreight rates are skyrocketing after the grounding of many passenger flights in Asia has left shippers scrambling to book limited spots on cargo planes as Chinese industrial production restarts, according to industry insiders.
Wednesday, March 11th 2020 - 06:30 UTC
Coin to mark 250th anniversary of the launching of James Cook HMS Resolution

Pobjoy Mint has issued the first 50-penny coin on behalf of South Georgia and the South Sandwich Islands government. The new coin features the HMS Resolution, the ship that was captained by James Cook.
Tuesday, March 10th 2020 - 18:35 UTC
LATAM offers Coronavirus waivers for International Flights

People heading to Latin America with the LATAM group can now receive a coronavirus fare waiver on bookings until March 22 for travel to the end of 2020.
Tuesday, March 10th 2020 - 18:05 UTC
Madrid suspends classes at all schools and universities

Madrid has announced that it will suspend classes at all schools and universities across the capital in an attempt to contain the Coronavirus (COVID-19). The measures come into effect this Wednesday 11th March, so parents have at least 24 hours to make alternative arrangements. It will affect well over a million students and one hundred thousand teachers across Madrid.
Tuesday, March 10th 2020 - 18:01 UTC
Argentina ready to begin restructuring of US$ 70bn in foreign law bonds

Argentina will revamp as much as US$ 68.8 billion in foreign law bonds as it restructures its debt, the government said in a decree on Tuesday, paving the way for tense negotiations as the country looks to strike a deal with creditors this month.
Tuesday, March 10th 2020 - 08:20 UTC
Argentine risk jumps on Monday to a record of 2,768 points, not seen since 2005

Argentine risk spreads on Monday shot to levels not seen since 2005 and sovereign bond prices fell 7.5%, as the coronavirus slammed global markets and the cash-strapped country prepared to restructure debt.
Tuesday, March 10th 2020 - 08:15 UTC
Black Monday cocktail: oil price war and coronavirus trigger market panic

World oil prices crashed on Monday, fuelling a vicious selloff on stock markets that were already buckling from the spreading coronavirus outbreak. Stocks tanked as the global oil market nosedived 30% at one stage after top exporter Saudi Arabia slashed the prices it charges customers following a bust-up with Russia over crude production cuts.
Tuesday, March 10th 2020 - 08:15 UTC
Coronavirus cases in Argentina climbs to 17; minister admits the virus arrived faster than expected

Argentina's health ministry announced on Monday five new confirmed cases of coronavirus, taking the total number to 17. All of them were described as imported cases since they involved people who arrived from overseas. They include a patient in Buenos Aires City, two from Chaco province, one from San Luis and the fifth in Patagonia Rio Negro province.
Tuesday, March 10th 2020 - 08:13 UTC
Donald Trump talks to Uruguayan president Lacalle Pou

Uruguayan president Luis Lacalle Pou had his first contact with US President Donald Trump last Saturday, reported White House, special advisor, Judd Deere in a tweet.