Stories for 2020

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.
Tuesday, March 10th 2020 - 08:10 UTC
Coronavirus overshadowing Trump's optimism with the economy and reelection campaign

Concern that president Donald Trump himself could be exposed to the coronavirus through contact with two Republican lawmakers loomed on Monday, on a day when US stocks plummeted, feeding growing national anxiety. Trump, who flew back to Washington after a weekend golfing at his Florida resort and having dinner with Brazil's president Jair Bolsonaro, has spent weeks dismissing the seriousness of the threat.
Tuesday, March 10th 2020 - 08:03 UTC
Commonwealth 2020: “Delivering a common future”

On Monday members of the royal family attended a service at Westminster Abbey to celebrate Commonwealth Day. As well as a message from Queen Elizabeth II, the service also featured speeches from heavyweight boxing champion Anthony Joshua and performances by singers Craig David and Alexandra Burke.
Tuesday, March 10th 2020 - 07:36 UTC
Italy in self-imposed quarantine: highest coronavirus death toll in the world after China

All of Italy under lockdown, reeling financial markets, and rioting prisoners made clear on Monday how the global coronavirus epidemic was extending its reach into all aspects of social and economic life.
Tuesday, March 10th 2020 - 06:55 UTC
Ireland has decided to cancel St Patrick's Day on March 17

The Irish government will cancel this year's St Patrick's Day Parade because of the coronavirus outbreak, state broadcaster RTE and other media said on Monday. The annual parade celebrating the country's patron saint regularly attracts hundreds of thousands of people to the Irish capital and was to have been held on Mar 17.
Tuesday, March 10th 2020 - 06:32 UTC
Global breweries expanding their business in Brazil

Heineken NV will invest 865 million reais (US$183.14 million) to expand its Ponta Grossa brewing plant in Brazil, the company said on Monday, as competition between the world's two largest beer makers bubbles up.