Guatemala Suspends Deportation Flights From U.S. on Covid Fears

MEXICO CITY—Guatemala suspended deportation flights from the U.S. on Thursday following a number of deportees who landed Monday examined positive for the novel coronavirus, Guatemalan officials reported.

Flights experienced been suspended right up until even more detect, reported Joaquín Samayoa, spokesman for Guatemala’s foreign minister. This is the 3rd coronavirus-prompted suspension of deportation flights because March 17, when Guatemala shut its borders.

“It…

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OPEC Seeks to Rally Producers Over Fears of Filled Storage

Gordon B. Johnson

A growing shortage of oil storage space is driving some of the world’s most important crude producers to negotiate a truce this week in a Saudi-Russian struggle for current market share that has contributed—along with the coronavirus pandemic—to the the latest oil-value rout.

Forward of a crucial summit established for Thursday, Saudi Arabia and others in OPEC are functioning to influence oil producers that there will be really little space still left to retail outlet their oil if they do not control output, as oil traders scramble for vacant vaults in distant corners of the oil…

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Global markets continue to slide on coronavirus fears

Gordon B. Johnson

Well, that is all folks, many thanks for next along. Join us yet again tomorrow for all the latest information of what is shifting marketplaces. Here’s a quick recap for nowadays…

European stock marketplaces fell additional amid wellness considerations on the spreading coronavirus and the its affect on the worldwide economy. Much more fatalities and a surge in cases in Iran, Italy, Japan and South Korea has raised the chance of a pandemic. The FTSE 100 index finished the day at its lowest closing stage in a calendar year.

What to glimpse ahead to tomorrow:

Interim benefits: Metro Financial

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Internet Breaking Fears “Unfounded”, as Streamers Throttle Bit Rates

Gordon B. Johnson

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“Operators are authorised to utilize remarkable targeted traffic management measures…”

The European Commission has publicly thanked big streaming providers for their efforts to throttle their bandwidth use, amid expanding tension on European world wide web infrastructure, as hundreds of thousands and thousands of citizens throughout the continent devote more time on the web at dwelling for perform and leisure applications.

The EC confirmed that it had spoken to the CEO’s of Netflix and YouTube to request them to decrease bit costs in the EU for the subsequent thirty days (Netflix and YouTube will both equally swap movie

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10-Year Treasury Hits Record Low on Virus Fears

Gordon B. Johnson

Investors spooked by the coronavirus outbreak continued to flock to the safe haven of government debt on Friday, driving the yield on the 10-year Treasury note to record lows.

After sinking to an all-time low of 0.6572% early in the day, the yield on 10-year debt bounced back to around 0.74%. The 30-year rate, meanwhile, plunged as much as 34 basis points to 1.2036%.

As CNBC reports, “The plunge in yields came amid an exodus from stocks as disruptions to businesses around the world on the back of the coronavirus outbreak heighten fears of a global slowdown.”

Financial markets have

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