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World Economy Economic Organizations

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  • ANKARA, Sept 4- A push by emerging market countries to characterize possible rate hikes in developed nations as a serious risk for the global economy was rejected by drafters of the G20 communique, a source from the Russian delegation told reporters on Friday. "Some emerging market countries wanted to fix a position," the source said, when asked whether an expected...

  • ANKARA, Sept 4- Any rate rise by the United States would reflect strength in the U.S. economy and therefore be a plus for the global economy, Bank of Japan Governor Haruhiko Kuroda said on Friday.

  • *Delegates seeking more from China on market turmoil. Federal Reserve is coming under pressure from emerging markets not to raise rates too soon as turmoil in China threatens global growth, but the G20 will not publicly call for any delay, delegates meeting in Turkey said on Friday. Slower growth in China and rising market volatility have boosted the risks to the...

  • ANKARA, Sept 4- Structural reforms being planned by the world's major economies have taken on increased importance because global growth has fallen behind forecasts, Canadian Finance Minister Joe Oliver told Reuters on Friday. Canada co-chairs with India a G20 committee on growth strategies, which were meant to add 2 percent to the world's economic activity...

  • ANKARA, Sept 4- Bundesbank chief Jens Weidmann said he is open to discussion on including the Chinese yuan in the International Monetary Fund's benchmark currency basket, adding that recent financial turmoil in China should not pose a lasting danger to the global economy. Weidmann told Reuters that recent financial market turmoil in China and uncertainty...

  • TOKYO, Sept 4- The Bank of Japan does not need to expand monetary policy in October even if it cuts its growth and price forecasts, as long as inflation expectations are well anchored, the IMF's mission chief for Japan said on Friday. Kalpana Kochhar, who is also deputy director of the International Monetary Fund's Asia and Pacific Department, said there was scope...

  • ANKARA, Sept 4- Finance ministers and central bank governors from the Group of 20 leading economies meet in Turkey on Friday and Saturday, with slower growth in China and rising market volatility boosting the risks to the global economy. >G20 meets as China casts clouds over growth. >G20 seen striking' reassuring tone' on China- delegate.

  • *Turkey keen to shake off perception G20 is "talking shop". ANKARA, Sept 3- When the Group of 20 finance ministers and central bankers meet on Friday in Turkey, China's market turmoil is likely to be the biggest problem they do nothing about. Slower growth in China and rising market volatility have boosted the risks to the global economy, staff of the International...

  • G20 COMMUNIQUE LIKELY TO' STRIKE A REASSURING TONE' ON CHINA, GLOBAL ECONOMIC OUTLOOK- G20 DELEGATE.

  • *Turkey keen to shake off perception G20 is' talking shop'. ANKARA, Sept 3- When the Group of 20 finance ministers and central bankers meet on Friday in Turkey, China's market turmoil is likely to be the biggest problem they don't do anything about. Slower growth in China and rising market volatility have boosted the risks to the global economy, staff of the...

  • WASHINGTON— China's slowdown, volatile financial markets and tumbling raw-materials prices have raised the risks to economic growth around the world, the International Monetary Fund reported Wednesday. China's troubles have sent the prices of raw materials such as oil and copper into a freefall, pinching Brazil, Russia and other commodity exporters.

  • WASHINGTON, Sept 2- Downside risks to the global economy have risen and a combination of threats including slower growth in China and rising market volatility could severely cut the outlook, International Monetary Fund staff warned on Wednesday. The IMF in July lowered its global growth forecast for 2015 to 3.3 percent and forecast growth in China- where a...

  • JAKARTA, Sept 2- The International Monetary Fund said on Wednesday it was speaking with Chinese authorities about the country's "very significant" economic transition, which it hoped would be managed in an "orderly fashion". IMF Managing Director Christine Lagarde told reporters, "We are certainly talking to the Chinese authorities about their transition to a...

  • MELBOURNE, Sept 2- London copper steadied on Wednesday in the face of sour sentiment towards base metals after world factory activity slowed in August and the International Monetary Fund cut its outlook for global growth. Copper hit its weakest in six years at $4,855 a tonne at the beginning of last week. China's giant manufacturing industry contracted and...

  • JAKARTA, Sept 2- Recent volatility in global financial markets shows how rapidly risks can spill over from one economy to the next, the managing director of the International Monetary Fund said in Jakarta on Wednesday. "What has been demonstrated in the last few weeks is how much Asia is at the core of the global economy, and how much disruption in one market in Asia...

  • JAKARTA, Sept 2- Recent volatility in global financial markets shows how rapidly risks can spill over from one economy to the next, the managing director of the International Monetary Fund said in Jakarta on Wednesday. "What has been demonstrated in the last few weeks is how much Asia is at the core of the global economy, and how much disruption in one market in Asia...

  • MELBOURNE, Sept 2- London copper resumed its downtrend on Wednesday as sentiment soured towards base metals after world factory activity slowed in August and the International Monetary Fund cut its outlook for global growth. Copper hit its weakest in six years at $4,855 a tonne last Monday. *China's giant manufacturing industry contracted and euro zone and...

  • DIARY- Top Economic Events to Sept 14 Tuesday, 1 Sep 2015 | 8:01 PM ET

    STOCKHOLM- Swedish Central Bank holds monetary policy meeting. Speakers:- International Monetary Fund Managing Director Christine Lagarde, Reserve Bank of India Deputy Governor Urjit Patel, Bank of Japan Deputy Governor Hiroshi Nakaso, Indonesia Finance Minister Bambang Brodjonegoro and IMF Monetary and Capital Markets Department Division Chief Ulric...

  • *China official PMI at 3- year low; Markit reading at 6-1/ 2 yr low. LONDON, Sept 1- China's giant manufacturing industry contracted and euro zone and U.S. growth eased in August in data published on Tuesday, while the International Monetary Fund cut its forecast for world growth this year. "It's all consistent with a global economy which clearly is struggling to make...

  • *China official PMI at 3- year low; Markit reading at 6-1/ 2 yr low. LONDON, Sept 1- China's giant manufacturing industry contracted and euro zone and U.S. growth eased in August in data published on Tuesday, while the International Monetary Fund cut its forecast for world growth this year. "It's all consistent with a global economy which clearly is struggling to make...