China’s inflation weakened to the slowest pace since June 2007 and export growth cooled |
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LATIN AMERICA Argentina Argentina will buy back up to 100 million pesos ($33 million) worth of local bonds tomorrow to shore up the debt, the Economy Ministry said in a statement. The buyback is part of the government's plan announced last month after bonds plunged on concern tax revenue growth is slowing and inflation is accelerating. Brazil Brazil's economy had its second fastest expansion in four years in the April-through-June period, cementing expectations policy makers will raise
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