Economic Regions BRICS

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  • FRIDAY, JULY 22 BEIJING- Chinese Premier Li Keqiang will hold a roundtable with World Bank President Jim Yong Kim, International Monetary Fund Managing Director Christine Lagarde, World Trade Organization Director-General Roberto Azevedo, International Labor Organization Director-General Guy Ryde, Organization for Economic Cooperation and...

  • FRIDAY, JULY 22 BEIJING- Chinese Premier Li Keqiang will hold a roundtable with World Bank President Jim Yong Kim, International Monetary Fund Managing Director Christine Lagarde, World Trade Organization Director-General Roberto Azevedo, International Labor Organization Director-General Guy Ryde, Organization for Economic Cooperation and...

  • FRIDAY, JULY 22 BEIJING- Chinese Premier Li Keqiang will hold a roundtable with World Bank President Jim Yong Kim, International Monetary Fund Managing Director Christine Lagarde, World Trade Organization Director-General Roberto Azevedo, International Labor Organization Director-General Guy Ryde, Organization for Economic Cooperation and...

  • Treasury Secretary Jack Lew said on Thursday that G20 finance officials do not need to take the same type of massive coordinated fiscal stimulus efforts used to combat recession in 2008-2009, despite an expected global economic growth slowdown sparked by Britain's vote to leave the European Union. Lew, speaking to reporters before flying to Chengdu, China...

  • ATEHNS, July 21- Group of 20 finance officials meeting in China this weekend should agree on a broad-based approach to support consumer demand, limit private-sector debt and implement structural reforms to combat deepening risks to growth, the International Monetary Fund said on Thursday. The IMF, in a briefing note to G20 finance ministers and central bank...

  • July 21- Confidence in prospects for the global economy has been dented following Britain's vote to leave the European Union, with a growing view that monetary policy is a fading force and many governments now need to borrow and spend, Reuters polls showed. "Given how fragile the global economy is nearly eight years after the start of the global financial crisis,...

  • The European Union has been debating whether to grant China "market economy status" from December, which China says is its right 15 years after joining the World Trade Organization. China says this is discriminatory and, in any case, will breach WTO rules from Dec. 11, marking its 15 years in the organisation. Commission Vice-President Jyrki Katainen and Trade...

  • The European Union has been debating whether to grant China "market economy status" from December, which China says is its right 15 years after joining the World Trade Organization. China says this is discriminatory and, in any case, will breach WTO rules from Dec. 11, marking its 15 years in the organization. Commission Vice-President Jyrki Katainen and Trade...

  • *China economy seen growing 6.5 pct this year. BEIJING, July 21- China's economic growth is expected to cool to 6.5 percent this year- the low end of Beijing's target range- even as the government steps up spending and the central bank loosens policy further to prevent a sharper slowdown, a Reuters poll showed. Persistent pressure on the world's second-largest...

  • SHANGHAI, July 21- The yuan was little changed against the dollar on Thursday, following heavy intervention by state-owned banks the past few sessions, as market players stayed on the sidelines before the G20 finance chiefs' meeting that China is hosting. Prior to Thursday's opening, the People's Bank of China set the midpoint rate at 6.6872 per dollar, 0.11...

  • BRASILIA, July 20- Brazil's central bank kept interest rates on hold for the eighth consecutive meeting on Wednesday as expected, despite a deep recession, as a new board cited concern about stubbornly high inflation and uncertainty surrounding economic reforms. In a longer and more detailed decision statement than in the past, the central bank said its...

  • *China likely to keep out of policy spotlight at meeting. SHANGHAI, July 21- Finance heads from the world's leading economies will confront fresh fears about protectionism when they meet in China this weekend, with Brexit fallout and dwindling policy options to boost global growth expected to dominate talks. The Group of 20 finance ministers and central...

  • BRASILIA, July 20- Brazil kept interest rates on hold for the eighth straight time on Wednesday as expected, in the first decision of a new central bank board that said it was too soon to cut rates despite a crippling recession. "The text format changed completely, but the main message remained the same: The conditions for interest rate cuts are not there yet and it...

  • BRUSSELS, July 20- The European Commission outlined on Wednesday a new way of assessing whether Chinese companies are exporting at unfairly low prices, as Beijing demands it no longer to be treated as a special case. The European Union has been debating whether to grant China "market economy status" from December, which Beijing says is its right 15 years after...

  • BRUSSELS, July 20- The European Commission outlined on Wednesday a new way of assessing whether Chinese companies are exporting at unfairly low prices, as Beijing demands it no longer to be treated as a special case. The European Union has been debating whether to grant China "market economy status" from December, which Beijing says is its right 15 years after...

  • BRUSSELS, July 20- The European Commission on Wednesday proposed a new way of assessing whether Chinese companies are exporting at unfairly low prices, as China demands it no longer to be treated as a special case. The European Union has been debating whether to grant China "market economy status" from December, which Beijing says is its right 15 years after...

  • BRUSSELS, July 20- The European Commission on Wednesday proposed a new way of assessing whether Chinese companies are exporting at unfairly low prices, as China demands it no longer to be treated as a special case. The European Union has been debating whether to grant China "market economy status" from December, which Beijing says is its right 15 years after...

  • BERLIN, July 20- Germany wants a message of stability to emerge from this weekend's G20 meeting in China, where Finance Minister Wolfgang Schaeuble will also meet his newly appointed British counterpart Philip Hammond to discuss Brexit, a senior government official in Berlin said on Wednesday. The Group of 20 finance ministers and central bankers will put the...

  • LONDON, July 20- Britain's new finance minister Philip Hammond will this week face calls from anxious peers around the world to explain how his country can pull off a smooth exit from the European Union and minimise the damage to the fragile global economy. There, the former foreign minister is likely to come under pressure to provide clarity on Britain's...

  • ALMATY, July 20- Turkmenistan, Central Asia's biggest gas exporter, has restricted access to foreign currency for local companies and individuals in response to a sharp fall in export revenues, Turkmen businessmen say. Any economic crisis could have far-reaching consequences in Turkmenistan, an ex-Soviet country that borders Iran and Afghanistan.