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World Economy Economic Organizations

  • BRASILIA, Oct 6- Brazil's economy is on track to pull out of its worst recession on record despite a string of negative economic data this week, Finance Minister Henrique Meirelles told Reuters on Thursday. In a telephone interview from the sidelines of the International Monetary Fund and World Bank fall meetings in Washington, Meirelles said he is sticking by...

  • *Deutsche Bank problems loom over IMF, World Bank meetings. Their comments at the start of the International Monetary Fund and World Bank fall meetings signaled frustration with persistently low growth rates and the surge of public anger over free trade and other pillars of the global economic system. The meetings are the first since Britain voted in June to...

  • BRASILIA, Oct 6- A rash of poor data does not threaten an economic recovery in Brazil, and its government is on track to approve sweeping reforms to shield the nation from global downturns, Finance Minister Henrique Meirelles told Reuters on Thursday. In a telephone interview from the sidelines of the International Monetary Fund and World Bank fall meetings in...

  • *Deutsche Bank problems loom over IMF, World Bank meetings. Their comments at the start of the International Monetary Fund and World Bank fall meetings signaled frustration with persistently low growth rates and the surge of public anger over free trade and other pillars of the global economic system. The meetings are the first since Britain voted in June to...

  • "If that transformation is successful, China will continue to have a stable share of global growth," he said while participating on a panel at the International Monetary Fund and World Bank meetings in Washington.

  • WASHINGTON, Oct 5- The world is swimming in a record $152 trillion in debt, the IMF said on Wednesday, even as the institution encourages some countries to spend more to boost flagging growth if they can afford it. "Excessive private debt is a major headwind against the global recovery and a risk to financial stability," IMF Fiscal Affairs Director Vitor Gaspar told a...

  • *World Bank raises 2016, 2017 growth forecasts for Thailand. The Washington- based lender now expects the developing East Asia and Pacific region, which includes China, to grow 6.4 percent in 2016 and 6.2 percent in 2017.. "Growth in the region is expected to remain broadly resilient during 2016-2018," the World Bank said in its latest East Asia and Pacific...

  • SINGAPORE, Oct 5- The World Bank slightly raised its 2016 economic growth forecast for developing East Asia and Pacific on Wednesday, citing the region's relative resilience. Latest GDP growth projections, percent:. East Asia and 5.9 5.8 5.7.

  • SAO PAULO, Oct 4- Most Latin American stocks and currencies seesawed on Tuesday as investors reacted to local issues as well as rising oil prices and uncertainty over U.S. monetary policy. Crude oil prices drifted, rising early to hit four-month highs on optimism about an OPEC deal to freeze output levels, then fading as a surging dollar weighed on...

  • WASHINGTON, Oct 4- The International Monetary Fund maintained its forecast for weak global growth on Tuesday and warned that further stagnation will fuel more populist sentiment against trade and immigration that would stifle activity, productivity and innovation. In the latest update of its World Economic Outlook, the IMF said that a drop in U.S. growth for...

  • The markets lost momentum after the International Monetary Fund lowered its growth forecast for the U.S. economy to 1.6 percent from 2.2 percent this year. The iPhone maker extended the global reach of Apple Pay by launching the software in Russia. "The IMF has a pretty good track record of being able to forecast global growth and certainly when there is a...

  • IMF KEEPS GLOBAL GROWTH FORECASTS UNCHANGED FROM JULY AT 3.1 PCT FOR 2016, 3.4 PCT FOR 2017.

  • WASHINGTON, Oct 4- The International Monetary Fund maintained its forecast for weak global growth on Tuesday and warned that further stagnation will fuel more populist sentiment against trade and immigration that would stifle activity, productivity and innovation. In the latest update of its World Economic Outlook, the IMF said that a drop in U.S. growth for...

  • MOSCOW, Oct 4- Russia's economic outlook has improved recently thanks to higher oil prices but a lack of reforms means its longer-term prospects still look bleak, the International Monetary Fund said on Tuesday. Russia's gross domestic product is now seen falling 0.8 percent in 2016 before growing 1.1 percent in 2017, the IMF said. The revision brings the...

  • BRUSSELS, Oct 3- Financial leaders of the world's 20 biggest economies sit down this week to discuss the main risks to global economic growth and how to clamp down the secretive ownership of companies that allows for tax avoidance and money laundering. The venue will be a working dinner in Washington on Oct. 6 for G20 finance ministers and central bank governors...

  • KIEV, Oct 3- Resistance to reform from vested interests will derail Ukraine's economic recovery and bailout programme from the International Monetary Fund unless those in power take clear steps to fight corruption, the Fund said on Monday. Ukraine received $1 billion from the IMF in September, its third tranche of money under a $17.5 billion programme.

  • MONDAY, OCTOBER 3 MAKATI CITY, the Philippines- World Bank briefing on key economic and social developments and policies in the Philippines over the past three to six months.- 0200 GMT. MUMBAI- Reserve Bank of India monetary policy committee holds a two day meeting. WARSAW- National Bank of Poland holds its monetary policy council meeting.

  • BEIJING, Oct 1- China's yuan joins the International Monetary Fund's basket of reserve currencies on Saturday in a milestone for the government's campaign for recognition as a global economic power. China will use this opportunity to further deepen economic reforms and open up the sector to promote global growth, the central bank added.

  • BEIJING, Oct 1- China's yuan joins the International Monetary Fund's basket of reserve currencies on Saturday in a milestone for the government's campaign for recognition as a global economic power. Republican presidential nominee Donald Trump has said he will formally label China a currency manipulator if he wins November's election.

  • WASHINGTON, Sept 30- The International Monetary Fund said on Friday it set new relative amounts of the currencies in its Special Drawing Rights currency basket, reflecting the entry of China's yuan for the first time on Saturday. The IMF said each SDR, the Fund's unit of account, will be made up of 0.58252 U.S. dollars, 0.38671 euros, 1.0174 Chinese yuan, 11.900 yen and...