MercoPress. South Atlantic News Agency
Stories for August 24th 2011
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Wednesday, August 24th 2011 - 07:00 UTC
Record DFI in Brazil narrows significantly current account deficit
Brazil's 12-month current account deficit narrowed in July on rising revenue from exports and strong foreign direct investment. The 12-month deficit declined to 47.9 billion dollars or 2.1%, of GDP, from 49 billion, or 2.2% of GDP in June, the central bank said Tuesday.
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Wednesday, August 24th 2011 - 06:55 UTC
Government spending and jobs boost President Cristina Fernandez re-election
With Argentina’s presidential election less than two months away official data is showing why President Cristina Fernandez de Kirchner is poised to make effective her re-election bid in October.
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Wednesday, August 24th 2011 - 06:47 UTC
World markets higher on expectations of Bernanke speech Thursday
US stocks shot 3% higher on Tuesday on speculation Federal Reserve Chairman Ben Bernanke this week could signal new help for the US economy, giving investors hope a four-week rout was nearing an end.
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Wednesday, August 24th 2011 - 06:40 UTC
Argentine trade surplus shrinks 22% in July as imports outpace exports
Argentina's trade surplus shrank 22% in July from a year earlier to 672 million dollars as import growth continued to outpace exports, the government said on Tuesday. The trade surplus totalled 861 million dollars in July 2010.
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Wednesday, August 24th 2011 - 06:38 UTC
French tourists: two men charged with cover-up for hiding gun used in crime
Two men were charged on Tuesday of cover-up in the case that investigates the abuse and killing of the two French tourists in the north-west Argentine province of Salta, the judicial spokesman Marcelo Báez reported.
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Wednesday, August 24th 2011 - 04:24 UTC
Strong earthquake rattles Washington, New York, Virginia and Toronto area
A strong earthquake rattled the United States East Coast, sending tremors as far as Canada, shaking Washington and scaring thousands of office workers who fled onto the streets.
