MercoPress. South Atlantic News Agency
Stories for August 20th 2008
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Wednesday, August 20th 2008 - 21:00 UTC
German legislation limits big stakes from sovereign funds
The German government has approved legislation that would enable it to prevent foreign buyers from taking big stakes in key domestic companies.
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Wednesday, August 20th 2008 - 21:00 UTC
Argentina economy “more vigorous than ever” says Minister
Argentine Economy Minister Carlos Fernandez told exporters the country's economy is “more vigorous than ever” and confirmed the current “economic productive model”,' one week after the government began buying back its own bonds to shore up waning investor confidence.
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Wednesday, August 20th 2008 - 21:00 UTC
Brazil ratifies tough line on inflation and long term growth
Brazil's reference Selic interest rate will only begin to fall when inflation approaches the 4.5% center-point of the government's annual target, Brazilian Finance Minister Guido Mantega said on Wednesday.
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Wednesday, August 20th 2008 - 21:00 UTC
Seven out of ten Argentines disbelieve official inflation index
Seven out of ten Argentines don't believe in the official inflation index from the country's controversial statistics office and trust private estimates, according to a public opinion poll released this week in Buenos Aires.
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Wednesday, August 20th 2008 - 21:00 UTC
Spain suffers worst air accident in 25 years: 153 killed
A Spanair MD-82 jetliner broke up and caught fire after skidding off the runway at Madrid's Barajas International airport, killing 153 people in Spain's worst aviation accident in 25 years.
