China again raises Bank reserves

18 April 2011 last China is updated inflationary measures at 03: 37 GMT ' take a long time ", says Peter Hoflich the Asian Banker China Central Bank raised the amount of money, the lender in reserve for the fourth time have this year, as it increasing inflation battles."

Insisting banks hold more money to give the Central Bank hopes, which in turn will reduce expenditure limit.

The latest move, raising the required reserve ratio from 20% to a record 20.5%, is expected to be over building Yuan ($54bn, £ 33bn) lock-up, which can otherwise give banks.

Inflation in China reached 5.4% in March.

Rising food prices were the main cause, with the cost of food by 11.7% in the year to March. Housing costs have also surged.

The Central Bank has increased four times also interest rates since October, when it tries to inflation put an end to areas.

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China again raises interest rates

6 April 2011 last updated at 00: 38 GMT of the Central Bank his rising inflation has different policy instruments in recent months China's Central Bank has further efforts to reduce the Bank lending key interest rates by a quarter point in one and inflation restrain raised and try trying.

The ascent takes the one-year deposit and lending rates to 3.25% and 6.31%.

People's Bank of China, which said the fourth rate increase since the end of last year from Wednesday would take effect.

China has the fight inflation, with 4.9% in February from the same month before a year of rising consumer prices.

'Aggressive move'

"It is a more aggressive step and the Central Bank acts more aggressively then, the market had expected," Xu Biao from China Merchants Bank in Shenzhen said.

"More importantly, it is not the end of China's monetary policy tightening".

Last month, said Prime Minister Wen Jiabao, the country's legislature, the Maria reining prices of the Government "highest priority" in the year was 2011.

Pockets of discontent rose alone the food prices by 11% in February from a year ago sparking.

To control despite the efforts to inflation is the rate over the Government target of 4%.

Maria reining lending

The BBC's Martin patience in Beijing said that China's inflationary pressures partially 2008 be suppressed on the response of the Government to the global financial crisis.

It one hundred billion dollars into the economy pumped, what, that growth quickly meant recovered.

But one of the side effects of this liquidity in the markets was inflation.

The Chinese Government has various methods to try and reduce loan used.

On 18 March the Central Bank of boosted Bank reserves - the amount of cash the banks - to half a percentage point, to 20% aside.

This freezes a cash, banks could give out otherwise.

The BBC's Martin created by Beijing on the last attempt by the Chinese authorities to the inflation restrain patience.

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Jobless level of Spanish is rising again

4 April 2011 last updated at 10: 44 GMT Spain's unemployment rate is double the average for the euro area the number which Spanish people filing eighth consecutive month increased for unemployment benefits for its in March.

The claimant increased the advantage of 34,406 people, the number to a new record of 4.3 million, the Labor Department said.

Spain's total unemployment rate is released separately every three months, and contains the benefits claim.

In February was this number for 4.7 million people, about 20.5% of the population, and more than double the euro area average.

Spain's Government has to reduce the harsh austerity measures to its debt, and no expected the economy, job creation at the earliest start to the end of the year.

The March data showed that the services sector, which accounts for 70% of the economy of the country, some saw the highest number of layoffs.

There was some relief for the embattled building industry, which saw the unemployment rate fall 4.4%.

"The fact that (overall unemployment) rose again despite indicators show a cyclical recovery in Spain clouds that augur well to prospects for the economy and not good for the demand," Silvio Peruzzo, Economist at Royal Bank said of Scotland.

Youth unemployment remained a critical problem, with 12,830 layoffs in March people are under 25 years old.

European Union data showed that youth unemployment in Spain was 43.5% in February.

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Moody's downgrades Portugal again

5 April 2011, last updated at 08: 36 GMT cost-cutting measures to reduce the budget deficit proved deeply unpopular credit rating agency of Moody's has downgraded Portuguese public debt level by A3, Baa1, and warned that a further reduction may be required.

This is the second downgrade by Moody's in less than a month and follows fellow Agency standard & poor's cut last week.

Moody's "first and foremost through greater political, financial and economic uncertainty was driven" said his decision.

Make the move increases, the Portugal is forced, questions its European partners for a financial Bail-Out.

Last week, which had granted the Portuguese Government, it missed its budget deficit target for 2010.

A total was 8.6% of the economic performance of the European Union target of 7.3%.

Moody's said that the increased uncertainty in the country increases the risk that "the Government unable to achieve [its] targets ambitious deficit will in the next three years".

Is the Portuguese government debt rose slightly after downgrading to 8.54% of 8.47% on Monday, which raised concerns about his ability, his debt to pay back.

Are these high rates as not up to unsustainable in the long term.

Portugal has not yet called no financial support, but many analysts believe it is only a matter of time before it is forced to do so, as the country economic situation worsens and increases the cost of borrowing in the markets.

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