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[03-09-2010 15:47]: Peru
Peru's economic stability lures foreign investments
President Alan Garcia Perez stressed the need to maintain fiscal and economic stability to continue attracting major foreign investments that “help create jobs, boost production, increase tax revenue, and develop more projects.”
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[03-09-2010 15:41]: Uruguay
Uruguay's exports in eight months reach US$4.4 billion
Uruguay's exports in the first eight months of this year reached US$4.475 billion - 22% higher than the same period of last year. Read
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[03-09-2010 15:29]: Estonia
Net sales of Estonian enterprises increased by 5% in Q2
According to Statistics Estonia, in the 2nd quarter of 2010, the net sales, costs and total profit of the business sector increased compared to the previous quarter as well as to the same quarter of the previous year. The increase of net sales of business sector continued for the second quarter in s Read
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[03-09-2010 15:27]: Malaysia
High-income economy still needs lower-rung workers, says association
Malaysia will still need lower-rung workers despite the government’s earnestness to strive for high-income economy, says Malaysian Rubber Glove Manufacturers' Association. Read
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[03-09-2010 14:36]: Latvia
Exports of Latvian agricultural and food products on rise in H1
In the first six months of the year 2010 compared to the first half of 2009, exports of Latvian agricultural and food products increased from LVL 279.1 million to LVL 321 million, Latvian Agricultural Market Promotion Center informs. Read
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[03-09-2010 14:27]: Estonia
Profit of business sector up by half
Net sales, costs and total profit of the business sector in the second quarter increased both from the first quarter and in annual terms, according to Statistics Estonia. Read
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[03-09-2010 14:23]: Latvia
Latvia posted EU's steepest GDP fall in the second quarter
Latvia's gross domestic product fell by 3.9% in the second quarter of the year 2010 as compared with the second quarter of 2009. It was the largest decrease among all the European Union member states, according to the latest Eurostat data. Read
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[03-09-2010 14:10]: Luxembourg
Volume of retail trade up by 0.1% in both euro area and EU27
In July 2010, compared with June 2010, the volume of retail trade increased by 0.1% in both the euro area (EA16) and the EU27. In June retail trade rose by 0.2% and 0.3% respectively. Read
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[03-09-2010 14:05]: Belarus
Belarus, Spain mull over joint ventures
Belarus and Spain are mulling over creation of new joint ventures in the field of consumer industry and engineering, Chairman of the Presidium of the National Academy of Sciences of Belarus Mikhail Myasnikovich told reporters in Minsk on 3 September. Read
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[03-09-2010 12:43]: Slovakia
Slovakia to step up economic, tourist cooperation with Belarus
Slovakia intends to step up cooperation with Belarus in the economy and tourism, Ambassador Extraordinary and Plenipotentiary of the Slovak Republic to Belarus Marian Servatka said in a solemn meeting marking the Day of the Constitution of the Slovak Republic on 2 September. Read
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[03-09-2010 11:47]: Germany
Germany drives EU growth past America
Europe's economy outpaced the United States and Japan in the second quarter, EU data showed Thursday, but analysts warned that the German-powered growth would likely lose steam in the second half.
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[03-09-2010 11:39]: South Africa
South Africa needs to do business differently to suceed -- minister
If South Africa is to succeed in extracting maximum benefits from its mineral endowment it must do business differently, says Mineral and Resources Minister Susan Shabangu. Read
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[03-09-2010 11:36]: Ecuador
Ecuador's president visits Japan & South Korea to boost investments & trade
Ecuador's President Rafael Correa will begin official visits to Japan on Mon Sept 6 and South Korea Wed Sept 7. Read
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[03-09-2010 11:31]: Syrian Arab Republic
Foreign investments in Syria drop
Volume of foreign investments in Syria fell in 2009 to USD 1.400 million compared to 2008 where it stood at 1.467 million, according to the Central Bank of Syria. Read
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[03-09-2010 11:19]: Malaysia
Malaysian central bank holds its benchmark interest rate at 2.75 pct
Malaysia's central bank has decided to maintain its benchamrk interest rate, the Overnight Policy Rate (OPR) unchanged at 2.75 per cent, noting that the global growth momentum has moderated in recent months.
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[03-09-2010 11:12]: Armenia
Greater volumes of wheat imported to Armenia
According to the RA State Revenue Committee, 147,852t of wheat were imported to Armenia at the amount of $36.998mln in the first half of 2010 against 126,841t ($32.160mln) during the same period in 2009. Read
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[03-09-2010 10:47]: South America
Latin America likely to register good export growth rates this year
Latin America exports rates likely to register a growth of 21.4 percent this year. Read
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[03-09-2010 10:39]: Armenia
Bread production remained unchanged in Armenia in January-July 2010
Though prices for grains went up at the global markets as a result of drought, what has affected the price for imported grain to Armenia, bread production remained unchanged in the country. Specifically, bread production totaled 174.2thous. tons in January-July 2010 as during the same period in 2009 Read
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[03-09-2010 10:34]: Latvia
Rail freight in Latvia down, but road haulage up
Rail freight carried in Latvia decreased 10.3% in a year, but road haulage increased 32.4% in the first half. Latvian Railways carried 25.3 mln tons of freight in the first half, according to the Central Statistical Bureau. Freight transport by road amounted to 20.5 mln tons or 32.4% more than a yea Read
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[03-09-2010 10:04]: Peru
Peru-Mexico trade exchange to reach US$10 bln by 2013
Peru-Mexico trade exchange could reach more than US$10 billion in the next three years, a 233% increase compared to 2009, said the Head of Peru-Mexico Chamber of Commerce Gerardo Solis. Read
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[03-09-2010 10:01]: Peru
Peru confident about reaching FTA with Japan in November
Peru is confident about concluding negotiations on a bilateral free trade agreement (FTA) with Japan by the end of November, Peru’s Trade and Tourism Minister Martin Perez said Thursday. Read
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[03-09-2010 09:58]: Peru
Peru remittances rose 6.6% in 2Q 2010
Remittance flow sent by overseas Peruvians to their relatives in Peru reached US$ 615 million in the second quarter this year, representing a 6.6 percent growth over the same period in 2009 (US$ 576 million), Central Reserve Bank of Peru (BCR) reported Thursday. Read
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[03-09-2010 09:54]: Belarus
Belarus raises postal service tariffs 10%, telecoms service fees 7.1%
Belarus has increased tariffs on postal services for households, companies and individual entrepreneurs 10%, and telecommunications services fees 7.1%, under resolution #125 of the Economy Ministry.
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[03-09-2010 09:48]: Luxembourg
Euro area and EU27 GDP up by 1.0%
GDP increased by 1.0% in both the euro area (EA16) and the EU27 during the second quarter of 2010, compared with the previous quarter, according to first estimates released by Eurostat, the statistical office of the European Union. In the first quarter of 2010, growth rates were +0.3% in both zones. Read
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[03-09-2010 09:46]: Luxembourg
Industrial producer prices up by 0.2% in both euro area and EU27
In July 2010 compared with June 2010, the industrial producer price index rose by 0.2% in both the euro area (EA16) and the EU27. In June 20103, prices increased by 0.3% in both zones. Read
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[03-09-2010 09:41]: Belarus
Amkodor to step up efforts to start assembling loaders in Lithuania
The Belarusian mechanical engineering company Amkodor will step up efforts to set up an enterprise in Lithuania to assemble Amkodor-designed machines, Amkodor First Deputy Director General Alexander Nakhayenko told media on 2 September. Read
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[02-09-2010 17:28]: Peru
Peru enacts law on consumer protection & defence
Peru's president Alan Garcia has enacted a Law on Consumer Protection and Defense. Read
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[02-09-2010 17:18]: Romania
Romanians buying fewer presonal-care and cleaning products
Hit by the economic crisis, Romanians are buying fewer personal-care and cleaning products, results of a new survey by GfK show. Read
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[02-09-2010 17:08]: Peru
Peru & Mexico to close trade negotiations before nov next year
Peru and Mexico will close negotiations on an Economic Cooperation Agreement before Nov next year, said Minister of Foreign Trade and Tourism Martin Perez. Read
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[02-09-2010 17:05]: Thailand
Bank of Thailand to keep tab on strong baht: Finance Minister
The appreciation of the Thai baht is not caused by capital inflows but the Bank of Thailand (BoT) has been asked to keep a close watch on the currency's appreciation and prepare measures to cope with capital inflows for currency speculation as the monetary unit hits a two-year high, Finance Minister Read
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