MercoPress. South Atlantic News Agency
Stories for December 7th 2012
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Friday, December 7th 2012 - 05:41 UTC
Falklands cricket team on sports and PR tour visit Jamaica
The Falkland Islands cricket team on a tour in Jamaica presented the local Courtney Walsh Foundation with a cheque of 1.500 dollars during a reception to welcome the players, reports The Gleaner from Kingston.
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Friday, December 7th 2012 - 05:26 UTC
Bank of England at crossroad on stimulus program despite weaker economy
The Bank of England has decided not to extend its quantitative easing (QE) stimulus program, which has injected £375bn into the UK financial system.
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Friday, December 7th 2012 - 05:22 UTC
Brazil helped by good weather heading for record soybean and corn crops in 2012/13
Brazil held forecasts for a record 2012/2013 soybean crop with the latest estimate from Conab, the Brazilian crop bureau, at 82.6m tons, towards the top of the range of 80.1m-83m tons previously anticipated and representing a jump of more than 20% year on year.
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Friday, December 7th 2012 - 02:18 UTC
Brazil central bank expected to keep interest rates low for a ‘prolonged period’
The Brazilian central bank indicated it will keep interest rates at their current level for an extended period given favourable signs for the inflation outlook.
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Friday, December 7th 2012 - 01:48 UTC
ECB slashes Euro-zone growth prospects; further rate cut not discarded
The European Central Bank on Thursday opened the door to a rate cut next year, after slashing its economic growth projections for the 17-member Euro- zone.
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Friday, December 7th 2012 - 01:41 UTC
Standard Chartered ready to settle with US regulators for making business with Iran
Standard Chartered expects to pay 330 million dollars to US regulators to settle claims that it did not comply with US sanctions against Iran. The amount is on top of 340m it paid to New York's Department of Financial Services (DFS) earlier this year.
