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Colombian peso closed weaker at U.S. renew fears

19 minutes


BOGOTA (Reuters) - Colombia's currency, the peso, closed on Wednesday depreciated in line with other currencies in the region, renewed fears about slower growth in the economy United States.


The weight ended the session at 2,172 per dollar, falling 0.71 percent (15.5 units) versus Tuesday's close of 2156.5.


The intention of investors away from risky assets such as emerging were renewed after they met the real estate industry figures show that pending sales of existing homes fell 12.2 percent in July to its lowest level since September 2001.


addition, ADP Employers Services showed private employers likely added 38,000 jobs in August, the lowest figure for the sector in four years.


"This movement has been driven by increased risk aversion by investors due to the significant drop in American stock markets caused by the negative data published in the morning," said a note from Banco Santander.


Weight opened in 2171 and fluctuated between 2,169.94 and 2,181, averaging 2175.1 units.


traded was 778.9 million dollars at 1,280 operations.


Nervousness led the referenced TES maturing in July 2020 devalued closed at a yield of 10.558 percent, compared with 10.494 percent ended Tuesday.


Meanwhile, the Ministry of Finance reported on Wednesday TES repurchased due in November this year to 885,000 million pesos (U.S. $ 409.4 million) as part of its strategy to improve its debt profile.


The Government acquired the papers to an interest rate of 9.3 percent, after receiving bids for 1.7 billion pesos (786.4 million dollars).

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are hand-rolled cigarettes more carcinogenic: study

Wednesday, September 5, 10:47 a.m.



By Jack Kim SEOUL



(Reuters) - Smokers of handmade cigarettes tend to consume less snuff, but face a greater risk of developing lung cancer than those who opt for manufactured cigarettes, according to a study in Norwegian lung cancer patients.


Norway is one of the last Western countries that still use a significant amount of cigarettes made by hand, representing one third of the sales of snuff, according to a study released Wednesday.


While snuff smoking cigarettes "consumed (fewer) cigarettes, and statistically had fewer years of smoking, hand-rolled cigarettes were more carcinogenic, resulting in an increased incidence of lung cancer development," the study said Heidi Rolke, Sorlandet Hospital, Norway.


The research was presented at the World Conference on Lung Cancer in Seoul.


Lung cancer is one of the most common in the world. In Asia, every year more than 570,000 people by this disease, which is equivalent to one death per minute. Globally, lung tumors cause the deaths of 1.3 million people.


More than 80 percent of patients with lung cancer in the study of 333 people primarily smoked hand-rolled cigarettes.


The homemade snuff usually contain more nicotine and tar because it has no filter, Rolke said on a conference call.


Jonathan Samet, School of Public Health, Johns Hopkins University, said similar findings had been documented higher rates of cancer among Hispanic women in the southern United States that used handmade cigarettes.


"This, perhaps, an indication that we should be concerned if rising prices of manufactured cigarettes would lead to substitutions" for home, Samet concluded.