- Thomas Cook, the storied British travel company and airline, declared bankruptcy early Monday morning.
- About 600,000 travelers, including 150,000 Britons, were left stranded, leading the British government to begin the largest peacetime repatriation effort in history.
- The tour operator was still scrambling to secure an additional £200 million, or $249 million, in emergency funding on Sunday. The effort was apparently unsuccessful. Source Business Insider
China’s economy grew by double digits in the latest quarter but an explosive rebound from the coronavirus pandemic is slowing abruptly as manufacturing and consumer spending return to normal. Source AP
It finally happened, that glorious moment, when, after teetering on the verge for weeks – for reasons we’ll get into shortly – the incredibly spiking US gross national debt, after kissing the line a couple of times for a moment, finally, and suddenly by a big leap, jumped over the $28-trillion mark, with a $143-billion leap in one day on Wednesday, March 31, following some big Treasury sales. Source Wolfstreet
The Russian Akademik Cherskiy vessel has arrived at the construction site to lay pipes for the Nord Stream 2 gas pipeline project, Nord Stream 2 AG, project operator company, told reporters. Source Tass
