Month: March 2020

The latest figures from the Spanish Health Ministry put the number of coronavirus infections in Spain at 33,089, with 2,355 patients in intensive care and 2,182 dead. The number of fatalities rose by 462, a spike of 26.8%, making Monday the deadliest day since the coronavirus epidemic broke out here. 3,355 patients with the Covid-19 disease have recovered and have been released from hospital since the crisis hit the country. […]

As can be expected we are all keeping a very close eye on the news and the impact that the Covid 19 Virus is having on us here and globally. As a result of this Blacktower, as a Company, have decided to fully implement its Business Continuity Plan (BCP). Every licenced/regulated entity is required to have a BCP policy in place; it needs to be constantly reviewed/updated to ensure it […]

Increasing fears about the coronavirus Covid-19 and its impact on the global economy is having a significant impact on the markets, making this an uncomfortable time for investors. Here we explore some of the implications of such a volatile environment. The current climate With the spread of the virus now appearing to slow in China but increasing its presence in both the U.S. and Europe, the market is currently focused […]

The Spanish government wants to extend the state of alarm, declared on March 14 in a bid to slow the coronavirus outbreak, for another 15 days. Spanish Prime Minister Pedro Sánchez informed regional leaders of the decision during a teleconference yesterday. The exceptional measure was approved by the Spanish Cabinet on March 14 and came into effect the following day. It was set to last until March 29. Sánchez needs […]

The British Embassy has published a new video from British Ambassador Hugh Elliott aimed at British tourists in Spain, together with a Q&A to address some of the most frequently asked questions on Facebook. The document on Facebook will be updated to reflect the latest information. Hotels: The Spanish Government has ordered that hotels and short-stay accommodation must close by midnight on 26 March. These instructions do not apply to long-stay […]

The coronavirus crisis in Spain is going to worsen next week, and Spaniards must be prepared to face an even more difficult situation. That was the message from Spanish Prime Minister Pedro Sánchez during a national address last night to discuss the pandemic, which has claimed more than 1,350 lives here in Spain. “Unfortunately the number of diagnosed cases is going to rise in the coming days. Sánchez said, The […]

The latest figures from the Health Ministry put the number of coronavirus infections here at 17,147, with 939 patients in intensive care and 767 dead, 169 in just the last 24 hours. 1,107 patients with the Covid-19 disease have recovered and have been released from hospital since the epidemic began here. Fernando Simón, the director of the Health Ministry’s Coordination Center for Health Alerts, explained that the total number of […]