MercoPress. South Atlantic News Agency
Stories for August 11th 2008
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Monday, August 11th 2008 - 21:00 UTC
Euro slides beneath 1.50 US dollars as economy weakens
The Euro slid beneath the 1.50 US dollar Monday to 1.4966 amid concern over the Euro zone economic outlook and confidence that the European Central Bank won't raise interest rates anytime soon.
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Monday, August 11th 2008 - 21:00 UTC
Fastest wholesale inflation expansion in China since 1996
China's main measure of wholesale inflation accelerated in July to its fastest since 1996, adding to headaches for the government as it tries to rein in surging consumer prices, according to data reported Monday.
