MercoPress. South Atlantic News Agency
Stories for April 11th 2014
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Friday, April 11th 2014 - 04:38 UTC
Hedge funds target laundered funds in Nevada by close associate of the Kirchner family
The American Task Force Argentina (ATFA), an organization which unites several bond holders from the Argentine default of 2001, questioned on Thursday the “lack of transparency” within President Cristina Fernández administration, during a video conference with reporters.
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Friday, April 11th 2014 - 04:31 UTC
China's foreign trade falls sharply in March confirming economy's slowdown
China's exports and imports fell sharply in March, adding to recent indicators pointing to a slowdown in the world's second-largest economy. The country's exports fell by 6.6% in March when compared with the previous year, while imports dropped by 11.3% in the same month, when compared with the same time last year.
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Friday, April 11th 2014 - 04:27 UTC
Japan/Australia trade agreement cracks tariffs on frozen and chilled beef
United States beef shipments to Japan may drop after the largest Asian buyer inked this week a deal with Australia to begin reducing import tariffs as early as next year, the Japanese agriculture ministry said.
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Friday, April 11th 2014 - 04:22 UTC
Bank of England leaves interest rates unchanged as UK recovery picks up
UK interest rates have been held at their record low of 0.5% for another month by the Bank of England. On Thursday the Bank also kept the size of its bond-buying stimulus program unaltered at £375bn. No changes had been expected to either rates or the bond-buying measure, despite recent evidence that the UK economy is continuing to recover.
