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World Economy Economic Organizations

  • LUXEMBOURG, Oct 18- German Economy Minister Sigmar Gabriel said on Tuesday he did not expect a planned free trade agreement between the European Union and Canada to fail, but it could take some time to answer questions raised by Belgium and other countries. "But Belgium and Romania, for example, still have questions that perhaps can be answered today.

  • LONDON, Oct 17- Bank of England Deputy Governor Ben Broadbent said the pound's fall after Britain voted to leave the European Union has acted as an important shock absorber for the economy, in a radio interview broadcast on Monday. Sterling fell to its lowest level on record against a basket of currencies last week as investors became increasingly worried that...

  • PARIS, Oct 10- Economic momentum is holding stable in major industrialised economies while growth has settled at a lower rate in Britain after its vote in June to quit the European Union, the OECD's monthly leading indicators showed on Monday. The Paris- based Organisation for Economic Cooperation and Development said its leading indicator for its 34 member...

  • PARIS, Oct 10- Economic momentum is holding stable in major industrialized economies while growth has settled at a lower rate in Britain after its vote in June to quit the European Union, the OECD's monthly leading indicators showed on Monday. The Paris- based Organisation for Economic Cooperation and Development said its leading indicator for its 34 member...

  • *Central banks must be open to new ideas- Lipton. BOJ's new policy framework enhances flexibility. WASHINGTON, Oct 8- International Monetary Fund First Deputy Managing Director David Lipton welcomed the Bank of Japan's new policy framework as a boost to its credibility, but called for more vigorous fiscal and structural policies to reflate a fragile economic...

  • WASHINGTON, Oct 8- The International Monetary Fund's member countries on Saturday pledged to revive flagging global trade, boost government spending and remove barriers to business to fight weak growth that has left too many people behind. The pledge came as world finance leaders fretted over a rising populist backlash against trade and globalization at...

  • WASHINGTON, Oct 8- The International Monetary Fund's steering committee on Saturday called on member countries to use all policy tools to support a global economic recovery that continues "slowly and unevenly." "Overall, uncertainty and downside risks are elevated, while longstanding headwinds persist," the International Monetary Fund and Financial...

  • BRIEF- CHINA CENTRAL BANK GOVERNOR SEES PRESSURES ON CAPITAL. BEIJING, Oct 8- China's central bank Governor Zhou Xiaochuan said at a G20 meeting in Washington earlier this week that China's economy has continued to grow within a reasonable range this year, according to a statement released on the website of the People's Bank of China on Saturday.

  • *Japan firms may shift out of UK due to Brexit- Aso. WASHINGTON, Oct 7- Bank of Japan Governor Haruhiko Kuroda said it was hard to achieve balanced economic growth with monetary policy alone, adding that G20 nations shared the view fiscal and structural policies must also play a key role in boosting growth. Japanese Finance Minister Taro Aso also warned...

  • SATURDAY, OCTOBER 8 WASHINGTON- International Monetary and Financial Committee holds a news conference 2016 Annual Meetings of the World Bank Group and the International Monetary Fund- 1615 GMT. WASHINGTON- National Bank of Romania Deputy Governor Liviu Voinea, Central Bank of Russia First Deputy Governor Ksenia Yudaeva and Central Bank of Hungary...

  • SATURDAY, OCTOBER 8 WASHINGTON- International Monetary and Financial Committee holds a news conference 2016 Annual Meetings of the World Bank Group and the International Monetary Fund- 1615 GMT. TUESDAY, OCTOBER 11 LONDON- Bank of England's Monetary Policy Committee member Michael Saunders speaks in parliament- 0900 GMT. LONDON- Bank of England's financial...

  • WASHINGTON, Oct 7- Venezuela is courting a deeper economic collapse and hyperinflation that could spark an exodus of its people into neighboring countries, the International Monetary Fund said on Friday. "If current policies continue, faces severe risks, including of an even larger collapse in economic activity accompanied by hyperinflation," the...

  • WASHINGTON, Oct 7- The European Central Bank will do its part to support euro zone growth with ultra-easy monetary policy, but governments need to speed up reforms and, where possible, spend more, European Central Bank President Mario Draghi said on Friday. "If warranted, we will act by using all the instruments available within our mandate," Draghi told an...

  • FRANKFURT, Oct 7- The European Central Bank will do its part to support euro zone growth by continuing its stimulus policy of ultra-low interest rates and bond purchases, ECB President Mario Draghi said on Friday. "We will preserve the very substantial amount of monetary support that is necessary to secure a return of inflation rates towards levels that are...

  • WASHINGTON, Oct 6- Finance ministers from the world's top economies debated global economic risks and the potential impact that ultra-loose monetary policies have on banks' profits, a senior Japanese finance ministry official said on Thursday. The G20 gathering in Washington did not discuss currency moves, the impact of Britain's decision to leave the...

  • WASHINGTON, Oct 6- Group of 20 finance leaders debated global economic risks and the potential impact that ultra-loose monetary policies have on bank profits, a senior Japanese finance ministry official said on Thursday. The G20 gathering did not discuss currency moves, the impact of Britain's decision to leave the European Union, or the financial state of...

  • *Subdued growth in advanced economies may hurt Asia. WASHINGTON, Oct 6- A disorderly reaction to possible U.S. interest rate hikes could disrupt capital flows and heighten asset price volatility in Asia, the International Monetary Fund said on Thursday. Some central banks in the Asia-Pacific region may need to weigh the pros and cons of prolonged ultra-loose...

  • WASHINGTON, Oct 6- A disorderly reaction to possible U.S. interest rate hikes could disrupt capital flows and heighten asset price volatility in Asia, the International Monetary Fund said on Thursday. The prospect of subdued growth in advanced economies can also create negative spillovers for emerging Asian nations as weak exports weigh on the region's...

  • FRIDAY, OCTOBER 7 WASHINGTON- The International Monetary Fund and the World Bank Group hold their 2016 annual meetings WASHINGTON- Brazilian Finance Minister Henrique Meirelles and Brazilian central bank chief Ilan Goldfjan speak at Brazil conference on the sidelines of the IMF fall meeting. SATURDAY, OCTOBER 8 WASHINGTON- National Bank of Romania Deputy...

  • TOKYO, Oct 6- A disorderly reaction to possible U.S. interest rate hikes could disrupt capital flows and heighten asset price volatility in Asia, the International Monetary Fund said on Thursday. The prospect of subdued growth in advanced economies can also create negative spillovers for emerging Asian nations as weak exports weigh on the region's growth and...