×

World Economy Economic Organizations

  • *Russia's Putin supports OPEC production freeze efforts. NEW YORK, Sept 2- Oil prices rose 3 percent on Friday as a report showing weaker U.S. jobs growth in August suppressed the dollar, pushing up commodities, but crude futures remained on track for a big weekly loss on glut concerns. Brent crude futures were up $1.38, or 3 percent, at $46.83 a barrel by 11:44 a.m. EDT.

  • *Russia's Putin supports OPEC production freeze efforts. NEW YORK, Sept 2- Oil prices rose more than 2 percent on Friday as a report showing weaker U.S. jobs growth in August suppressed the dollar, pushing up commodities, but crude futures remained on track for a big weekly loss on glut concerns. Brent crude futures were up $1.25, or 2.8 percent, at $46.73 a barrel by...

  • BELGRADE, Sept 2- Serbia's growth could pick up further next year after strong performance in the first half pointed to a faster-than-expected recovery, the International Monetary Fund said on Friday, but warned the government against the temptation to overspend. He said any fall-out from a Brexit-led European downturn would hurt Serbia's growth prospects,...

  • VIENNA, Sept 2- Austria's conservative Economy Minister Reinhold Mitterlehner has backed a free trade deal between the European Union and Canada after Chancellor Christian Kern, a Social Democrat, said Vienna would oppose the agreement in its current form. Kern has said the deal with Canada, known as the Comprehensive Economic and Trade Agreement, shares many...

  • QUITO, Sept 1- Ecuador's central bank said on Thursday it expects the economy to shrink 1.7 percent this year, switching its previous forecast for growth due to lower oil prices and the devastating effects of a earthquake that shook the country in April. The central bank's initial estimate for the small OPEC country's economy was for growth of 1 percent this year.

  • WASHINGTON, Sept 1- The International Monetary Fund said on Thursday it is "very close" to concluding its latest review of Ukraine's $17.5 billion bailout and expects its board to consider releasing additional funds in the second half of September. IMF spokesman Gerry Rice told a regular news briefing that some technical issues related to the timing of further...

  • WASHINGTON, Sept 1- The International Monetary Fund called on Thursday for G20 leaders to take much stronger action to boost demand, revive flagging trade, make long-delayed structural reforms to their economies and share growth more broadly. In a briefing note to heads of state of the G20 group of leading economies ahead of their summit in Hangzhou, China, on...

  • Aug 31- The International Monetary Fund said on Wednesday that it would "be in a position" to lift its censure on Argentina later this year after recent changes the country has made to the way it reports official economic data. The Indec overhaul- which saw many former section directors fired- was seen as a crucial step in Macri's efforts to open Argentina to...

  • Aug 31- The International Monetary Fund said on Wednesday that it would "be in a position" to lift its censure on Argentina later this year after recent changes the country has made to the way it reports official economic data.

  • The world's leading economies will step up efforts to lift global economic growth and share the benefits more broadly.

  • People walk over Westminster Bridge wrapped in Union flags, towards the Queen Elizabeth Tower (Big Ben) and The Houses of Parliament in central London on June 26, 2016.

    The Brits cast their votes in favor of leaving the European Union, but they haven't left the politico-economic coalition yet.

  • Workers sit on the pavement near a construction site in Beijing, China, on Wednesday, March 2, 2016.

    China must act quickly to address mounting corporate debt before it became a systemic problem, a senior IMF official said on Saturday.

  • International Monetary Fund Managing Director Christine Lagarde.

    The IMF's steering committee on Saturday called on member countries to boost "growth-friendly" spending amid downside risks to growth.

  • IMF Managing Director, Christine Lagarde, speaks during a press conference after meeting ministers and officials from the Gulf Cooperation Council (GCC) on November 8, 2015.

    Global economic growth will be "disappointing" next year, the head of the IMF said in a guest article for German newspaper Handelsblatt.

  • The International Monetary Fund (IMF) logo is seen at the IMF headquarters building in Washington.

    An IMF mission said that authorities look forward to broad participation of eurobond holders in Ukraine's recently launched debt exchange.

  • Yuan currency China

    Recent changes to how China manages the yuan could bring the country "quite close to a float" in its exchange rate, a top IMF official said Friday.

  • A deal on extending Greece's bailout deal must be found by the end of February or the ECB will not be able to continue lending to its banks, ECB council member Erkki Liikanen said.

  • The International Monetary Fund (IMF) logo is seen at the IMF headquarters building in Washington.

    The International Monetary Fund's member countries on Saturday said bold action was needed to bolster the global recovery.

  • Christine Lagarde

    Global economic activity should accelerate in 2015, Christine Lagarde said on Sunday, adding that the IMF did not expect a sharp slowdown in China.

  • President Barack Obama gives a statement on the situation in the Ukraine in the Brady Press Briefing Room of the White House on March 17, 2014 in Washington, DC.

    Russia's annexation of Crimea underlines the need for the United States and the European Union to deepen their economic ties via an ambitious trade deal.