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Argentine agricultural exports reach record level in ten years: On April 21, Argentine Economy Minister Luis Caputo announced that agricultural exports from the second largest economy in Latin America had reached a record level in the first two months of 2016. Caputo specified that exports from ten agricultural and industrial sectors had recorded their highest volumes in ten years. During this period, Argentina exported 10.2 million tons of goods, including wheat, barley, sunflower, seafood and aquaculture products, animal feed, sugar, dairy products, spices, bee products, and lamb, with a total value of over 3.2 billion dollars.
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Sharp rise in real estate investments in Hong Kong (China): The South China Morning Post, citing a report from JLL on April 21, a leading international commercial real estate management and consulting firm, indicated that the commercial real estate market in the Hong Kong Special Administrative Region (China) attracted 1.6 billion US dollars in the first quarter of 2016, representing a 41% increase from the previous year. This growth can be attributed to increased demand for offices, retail spaces, and hotels, amidst improved liquidity.
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Federal Reserve candidate proposes changes to US central bank operations: On April 21, Kevin Warsh, nominated by President Donald Trump to chair the Federal Reserve, faced a rigorous questioning during his confirmation hearing in the Senate. Senators from both parties focused on his personal finances, ties to President Trump, and his proposed reforms to the central banking system. However, one key aspect of Warsh’s agenda, referred to as a “regime change” at the Fed, was not seriously challenged, reinforcing his position to implement deep institutional reforms if confirmed.
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China reduces maximum prices of gasoline and diesel for first time: According to the Morning Union, on April 21, China announced a reduction in the maximum retail prices of gasoline and diesel domestically, marking the first price cut for refined petroleum products this year. The National Development and Reform Commission stated that starting from April 22, the maximum prices of gasoline and diesel would be lowered by 555 yuan (81.3 US dollars) and 530 yuan per ton, respectively.
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France strengthens fuel subsidy program: On April 21, the French government announced a new support plan to mitigate the impact of soaring fuel prices, exacerbated by conflicts in the Middle East which heavily affect business operating costs and employees. Prime Minister Sébastien Lecornu stated that the government would extend existing support measures for farmers and fishermen to other groups, including SMEs in the construction sector.
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US launches tax refund system: The United States officially launched a tax refund system allowing for the recovery of over 166 billion dollars in import duties imposed under the International Emergency Economic Powers Act. While this marks a positive development, it is just the beginning of a complex and lengthy process, with future legal and political procedures remaining uncertain.
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Bitcoin surpasses $78,000/BTC after US-Iran ceasefire extension: The cryptocurrency Bitcoin experienced a significant surge, surpassing $78,000/BTC on April 22, wiping out all losses since April 20 and bringing its market capitalization to 1.56 trillion dollars. This surge followed President Trump’s announcement of extending the ceasefire with Iran.
Source: https://baotintuc.vn/kinh-te/diem-tin-kinh-te-the-gioi-noi-bat-ngay-2242026-20260422205700737.htm
