MercoPress. South Atlantic News Agency
Stories for August 7th 2012
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Tuesday, August 7th 2012 - 08:33 UTC
Uruguay reacts with silence to repeated Argentine provocations
The Uruguayan government said on Monday there will be no public statements on the latest “situations” with Argentina, and Uruguay will keep to what was agreed at presidential level during the last (31 July) Mercosur extraordinary meeting in Brasilia.
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Tuesday, August 7th 2012 - 08:25 UTC
Seeds market clash: Monsanto wins one billion dollars lawsuit to DuPont
Monsanto, the world's largest seed company won a one billion dollars victory over its arch rival in a lawsuit concerning patents in the agricultural seed market. The victory, concerning genetically modified seeds that allow crops to tolerate weed killer, should have little immediate impact in that lucrative marketplace.
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Tuesday, August 7th 2012 - 08:19 UTC
US regulator claims Standard Chartered bank laundered 250bn dollars for Iran
Standard Chartered bank illegally “schemed” with Iran to launder as much as 250bn dollars for nearly a decade, a US regulator says. The New York State Department of Financial Services said that the bank hid 60.000 secret transactions for “Iranian financial institutions” that were subject to US economic sanctions.
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Tuesday, August 7th 2012 - 08:14 UTC
China central bank anticipates injecting more liquidity in second half of 2012
China's central bank said on Sunday it will strengthen the fine-tuning of its monetary policy in the second half of this year, indicating as many analysts believe that more liquidity may be injected into the world's second largest economy.
