MercoPress. South Atlantic News Agency
Stories for October 14th 2010
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Thursday, October 14th 2010 - 05:44 UTC
China’s forex reserves already world’s largest surge to 2.65 trillion USD
China's foreign exchange reserves, the world's largest, surged to US$2.65 trillion at the end of last month, adding fuel to complaints that the nation's curbs on gains in the Yuan are undermining the global recovery.
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Thursday, October 14th 2010 - 05:37 UTC
Gold hits a new record as investors seek protection against sinking US dollar
World stocks jumped to a six-month high, gold hit another record, and the dollar weakened on Wednesday on expectations that the US Federal Reserve will further loosen monetary policy, boosting risk appetite.
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Thursday, October 14th 2010 - 05:35 UTC
US farm exports forecasted to surpass the 2008 record of 115 billion US dollars
United States farm exports may surpass a 2008 record of 115.3 billion US dollars on surging corn, soybean and wheat prices, according to Joe Glauber, the US Department of Agriculture’s chief economist.
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Thursday, October 14th 2010 - 05:32 UTC
Argentine farmers warn on deteriorating conditions for agriculture and livestock
The combination of policies from the Argentine presidential Kirchner couple and scarce rainfall have had devastating consequences for agriculture and livestock breeding, claimed Hugo Luis Biolcati president of the Argentine Rural Society, SRA, the country’s strongest farmers’ lobby.
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Thursday, October 14th 2010 - 05:24 UTC
Mission accomplished: “Long live Chile” echoed all along the country
Chile's president said his country will never be the same again after the extraordinary rescue of the 33 miners trapped deep underground for 69 days. Sebastian Piñera said he thought Chile was “more united and stronger than ever”, and “more valued” worldwide.
