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Economic Regions BRICS

  • BRASILIA, March 17- The Brazilian economy has begun to turn around, jobs are being created, and business confidence is slowly recovering, President Michel Temer said on Friday, touting initial successes of his recovery plan. Speaking at a business meeting in Sao Paulo, Temer pointed to the latest cover of The Economist showing Brazil beginning to lift off among...

  • BADEN-BADEN, Germany, March 17- Opposition from the United States, Saudi Arabia and others has forced Germany to drop a reference to financing programmes to combat climate change from the draft communique at a G20 finance and central bankers meeting. President Donald Trump, who took office in November, has called global warming a "hoax" concocted by China to hurt...

  • Treasury Secretary Steven Mnuchin headed into a tussle over free trade Friday at a summit that will help set the tone for the global economy. Angel Gurria, secretary-general of the Organization for Economic Cooperation and Development, downplayed differences over the exact language. He told The Associated Press it was "important to create a comfort zone"...

  • LONDON- Bank of England Chief Economist Andy Haldane gives lecture at London School of Economics- 1820 GMT. NEW YORK- Chicago Fed President Charles Evans to speak before the New York Association for Business Economics. WASHINGTON- Federal Reserve Deputy Director for Division of Bank Supervision and Regulation Maryann Hunter will attend American Bankers...

  • LONDON- Bank of England Chief Economist Andy Haldane gives lecture at London School of Economics- 1820 GMT. NEW YORK- Chicago Fed President Charles Evans to speak before the New York Association for Business Economics. WASHINGTON- Federal Reserve Deputy Director for Division of Bank Supervision and Regulation Maryann Hunter will attend American Bankers...

  • SHANGHAI, March 16- China's central bank raised short-term interest rates on Thursday in what economists said was a bid to stave off capital outflows and keep the yuan currency stable after the Federal Reserve raised U.S. rates overnight. The increase in rates was China's third in as many months, and came a day after the end of the annual session of parliament...

  • SHANGHAI, March 16- China's central bank raised short-term interest rates on Thursday in what economists said was a bid to stave off capital outflows and keep the yuan currency stable after the Federal Reserve raised U.S. rates overnight. The increase in rates was China's third in as many months, and came a day after the end of the annual session of parliament...

  • BEIJING— China's central bank raised short-term interest rates Thursday following the U.S. rate increase as Beijing tries to shore up the value of its currency and stanch an outflow of money. Beijing faces a dilemma as it tries to defend the exchange rate of its yuan without hurting economic growth, which has been shored up by repeated infusions of credit.

  • *China has moved to tighter policy bias as economy improves. SHANGHAI, March 16- China's central bank raised short-term interest rates on Thursday in what economists said was a bid to stave off capital outflows and keep the yuan currency stable after the Federal Reserve raised U.S. rates overnight. The increase in short-term rates was China's third in as many...

  • President Donald Trump has vowed to get tough on trade partners like China, Mexico and Germany. Now his Treasury chief, Steven Mnuchin, will get his first opportunity to confront them all in one room. The meeting of the 20 most powerful economies' finance ministers in Germany this week is likely to be dominated by talk about whether to commit to free trade, as...

  • SHANGHAI, March 16- Supported by China's central bank raising short term interest rates, the yuan firmed on Thursday as the dollar lost ground all round after the Federal Reserve raised its policy rate while sounding less hawkish about future interest rate increases. The People's Bank of China set its official yuan midpoint at 6.8862 per dollar prior to the...

  • BEIJING— China's central bank has raised the interest rate on short-term lending to banks but left its benchmark rate unchanged following the U.S. increase. The People's Bank of China on Thursday increased the rate for its six-month and one-year medium-term lending facility and open-market repurchase operations by 0.1 percent. The benchmark one-year...

  • SHANGHAI, March 16- China's central bank raised short-term interest rates on Thursday in what economists said was a bid to stave off capital outflows and keep the yuan currency stable after the Federal Reserve raised U.S. rates overnight. The increase in short-term rates was China's third in as many months, and came a day after the end of the annual session of...

  • BADEN-BADEN, GERMANY- European Central Bank Board Member Benoit Coeure will participate in G20 Finance and Central Bank Deputies meeting in Baden-Baden. FRANKFURT- German Finance Minister Wolfgang Schaeuble and IMF Managing Director Christine Lagarde speak at a conference in Frankfurt- 1230 GMT. BRUSSELS- European Central Bank Board Member Peter Praet...

  • BADEN-BADEN, GERMANY- European Central Bank Board Member Benoit Coeure will participate in G20 Finance and Central Bank Deputies meeting in Baden-Baden. FRANKFURT- German Finance Minister Wolfgang Schaeuble and IMF Managing Director Christine Lagarde speak at a conference in Frankfurt- 1230 GMT. BRUSSELS- European Central Bank Board Member Peter Praet...

  • Pence and Aso meet in Japan next month for the first in a series of talks on economic relations between the world's largest and third largest economies. People who know or have worked under Aso say the 76- year-old, also Japan's finance minister, will push to keep the agenda focused on areas both countries can easily agree on but will be well-armed if the...

  • Pence and Aso meet in Japan next month for the first in a series of talks on economic relations between the world's largest and third largest economies. People who know or have worked under Aso say the 76- year-old, also Japan's finance minister, will push to keep the agenda focused on areas both countries can easily agree on but will be well-armed if the...

  • VATICAN CITY— Pope Francis said Wednesday that employers who fire workers for unclear economic reasons are committing a "very grave sin" and should ensure dignified work for all their employees. Francis made the comments at his Wednesday general audience after appealing for a resolution to a labor dispute at Sky Italia, where employees are facing job cuts and...

  • MOSCOW— Ukraine on Wednesday announced a transport blockade of rebel-held areas that is likely to cause serious economic disruption and could threaten a precarious cease-fire in the east of the country. "It will be in place until the occupiers return stolen Ukrainian industry to Ukrainian jurisdiction," Ukrainian President Petro Poroshenko told the...

  • *China supports free trade, globalisation- Premier Li. Li also reiterated that China does not want a trade war with the United States, and urged talks with Washington to find common ground. President Donald Trump has attacked China on issues ranging from trade to the South China Sea and what he perceives as China's lack of interest in reining in nuclear-armed...