Stories for March 2020

Friday, March 6th 2020 - 11:00 UTC
Argentina reports second confirmed case of Covid-19

Argentina's health officials confirmed the country's second Covid-19 case, a young man currently interned in a private hospital in Buenos Aires. The patient, a 23-year old staff member of a Buenos Aires elected councilor visited the north of Italy and was back on March first, but two days later had a peak of fever and other suspicious symptoms.
Friday, March 6th 2020 - 11:00 UTC
“If I mess up”, the US dollar could reach 5 Real, admits Brazil's minister Guedes

Brazil’s economy minister blamed the Real’s slide to an all-time low on the coronavirus outbreak and said the currency could weaken to as much as 5 per dollar if he “messes up.” Paulo Guedes said the Real is weakening largely due to the economic impact of the epidemic, rather than a change in the country’s risk perception.
Friday, March 6th 2020 - 11:00 UTC
IMF has held “productive talks” in Buenos Aires and leaves this Friday

An International Monetary Fund team currently in Argentina has held “productive” talks with local officials, a spokesman said on Thursday, though there was little detail on concrete progress about reaching a deal over the country’s debt crisis.
Friday, March 6th 2020 - 10:58 UTC
Flybe collapses and all its flights are grounded: fierce competition and coronavirus

One of Britain's biggest airlines, Flybe, collapsed on Thursday with all its flights grounded, the company said, as the coronavirus epidemic takes a heavy toll on airlines around the world.
Friday, March 6th 2020 - 10:48 UTC
Why now is the right time to invest in Mexican pharma

The spread of the Wuhan Coronavirus or COVID-19 has sent ripples of panic all across the globe. What was thought to be a localized threat in China has quickly grown into an epidemic that has spread into Italy, Iran and South Korea.
Friday, March 6th 2020 - 08:48 UTC
Latin American currencies weakened on Thursday's; Brazil Real slides to a record low

Latin American stocks and currencies weakened on Thursday, with Brazil's real slipping to yet another record low, as the rapid spread of the coronavirus sapped risk appetite and investors worried about the scale of the economic fallout.
Thursday, March 5th 2020 - 08:59 UTC
A list of 12.000 Nazis in Argentina with accounts in Credit Suisse has surfaced, confirms Simon Wiesenthal Center

A research by Argentine investigator Pedro Filipuzzi revealed a list of 12,000 Nazis in Argentina that apparently have money in accounts at the Zurich-based Credit Suisse investment bank, the Simon Wiesenthal Center said in a statement.
Thursday, March 5th 2020 - 08:55 UTC
Representatives of Argentine sovereign bond holders meet with minister Guzman

Argentina’s minister of economy met with representatives of several major creditors, including asset management firm Pimco, a company executive and a ministry source said on Wednesday, as separate talks continued with the International Monetary Fund.
Thursday, March 5th 2020 - 08:52 UTC
IMF chief calls for an all-out response to the coronavirus epidemic serious threat

IMF chief Kristalina Georgieva on Wednesday called for an all-out, “no regrets” response to the new coronavirus epidemic which poses a “serious threat” to the global economy.
Thursday, March 5th 2020 - 08:50 UTC
Maduro wants Venezuelan women to have six children to help the homeland grow

President Nicolás Maduro wants Venezuelan women to have many children as a way to boost the country, which has seen millions of people flee in recent years to escape its economic crisis. Maduro made the exhortation during a televised event on Tuesday evening for a government program promoting various birth methods.