MercoPress. South Atlantic News Agency
Stories for April 11th 2012
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Wednesday, April 11th 2012 - 02:03 UTC
Colombia anticipates no Falklands mention in the Americas summit final statement
The coming 6th Summit of the Americas will not include in its final statement the issue of the Falkland/Malvinas Islands, the sovereignty of which is in dispute between Argentina and the UK.
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Wednesday, April 11th 2012 - 00:38 UTC
Bernanke says more bank regulation is needed to ensure stable financial system
US Federal Reserve Chairman Ben Bernanke said banks need to have more capital at hand in order to ensure the financial system is stable. Bernanke said regulators were taking steps to force financial institutions to hold higher capital buffers, even if they allow for a long period of implementation to prevent any market disruptions.
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Wednesday, April 11th 2012 - 00:35 UTC
UK confirms it claims repayment of £ 45m loaned to Argentine Junta that invaded the Falklands
The UK is seeking repayment of a loan granted to Argentina in 1979 which was invested in military procurement some of which was used during the Falkland Islands conflict.
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Wednesday, April 11th 2012 - 00:30 UTC
IMF analyzes impact of household debt and soaring house prices on recessions
Housing busts and recessions are more severe and last for at least five years when they follow a big run-up in household debt, according to a study released by the International Monetary Fund. For that matter, the IMF has urged governments to consider “bold” interventions to reduce household debt levels and stimulate growth.
