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Economy

Tourists wearing mask on an empty street during COVID 19 pandemic lockdown in Singapore. Bars are closed.

World Bank sees plunge in Latin America, Caribbean economies

By COVID-19 (Coronavirus), News & Current Affairs

The World Bank says that the new coronavirus pandemic could send economies tumbling by 4.6% this year across Latin America and the Caribbean, and that could force governments to take ownership stakes in struggling major businesses. By John Rice, AP — The new coronavirus pandemic could send economies tumbling by 4.6% this year across Latin America and the Caribbean, forcing governments to take ownership stakes in struggling…

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The MSC Meraviglia docked off Cozumel, Mexico, last month after Jamaica and the Cayman Islands barred it from entering over concerns of a crew member with flu-like symptoms.

Far from the coronavirus epicenter, Caribbean tourism starts to get sick

By News & Current Affairs

Cruise passenger numbers are down and hotel guest numbers have begun to dip. The islands are bracing for worse. By Kate Chappell, Anthony Faiola and Jasper Ward, Washington Post Ocho Rios, Jamaica — A Bob Marley tune played as the scent of jerk chicken wafted through a half-empty market in this normally bustling port town. A few dozen tourists milled about — far fewer than normal but more than last week,…

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Fox Business Network

Fox hosts Varney and Bartiromo look to Joe Biden to calm the stock market

By News & Current Affairs

By Justin Baragona, The Daily Beast — With the stock market experiencing record-setting drops on Monday morning that prompted trading to briefly halt, pro-Trump Fox Business Network hosts Stuart Varney and Maria Bartiromo turned their eyes to… uh… Joe Biden to boost the stocks. During Monday morning’s broadcast of Fox Business Network’s Varney & Co., the eponymous host wondered aloud whether the markets—plunging due to fear and uncertainty surrounding a coronavirus outbreak—could “see a bounce” in the…

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