Tag: coronavirus

• Wednesday, March 11th 2020 - 08:55 UTC

  Brazil downplays the threat of coronavirus: “it is overstated”

  

  Brazil President Jair Bolsonaro minimized the threat of the new coronavirus - which has killed nearly 4,000 people in more than 60 countries and tanked global financial markets, saying its destructive power has been “overstated”.

• Wednesday, March 11th 2020 - 08:45 UTC

  Corporate America rushes to borrow money in anticipation of a major economic downturn

  

  From Exxon Mobil Corp to Royal Caribbean Cruises Ltd, companies rushed to borrow more money and boost their cash coffers on Tuesday, as the market turmoil fueled by a plunge in oil prices and the global coronavirus outbreak raised the prospect of an economic downturn.

• Wednesday, March 11th 2020 - 08:39 UTC

  UK junior health minister tests positive for Covid 19, and is self isolated at home

  

  British Member of Parliament (MP) Nadine Dorries, a junior health minister, has tested positive for the novel coronavirus, she said in a statement on Tuesday. “I can confirm I have tested positive for coronavirus ... and have been self-isolating at home,” said the Conservative MP.

• Wednesday, March 11th 2020 - 07:45 UTC

  Trump's chief of staff self quarantined for contacting a person coronavirus positive

  

  Incoming White House chief of staff Mark Meadows has self-quarantined after he may have come into contact with a person who tested positive for the coronavirus, his spokesperson said. Meadows is not exhibiting symptoms and a precautionary test came back negative, the spokesperson said on Twitter.

• 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 - 08:10 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 - 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.

• Monday, March 9th 2020 - 08:43 UTC

  First Covid-19 death in Latin America; twelve positive cases in Argentina

  

  A 64-year-old man died in Argentina as a result of the Covid-19, the first such death in Latin America, health authorities announced Saturday. The Ministry of Health said the patient lived in Buenos Aires and had been confirmed with COVID-19 after coming down with a cough, fever and sore throat following a recent trip to Europe.