World Economy Economic Organizations

  • *Conservative vice Chancellor for Canada deal. VIENNA, Sept 14- Austrian Chancellor Christian Kern's opposition to a free trade agreement between the European Union and Canada was countered by fervent praise for the deal from his deputy at a special parliamentary session on the issue on Wednesday. The Comprehensive Economic and Trade Agreement with Canada,...

  • *Greece to fight for collective wage agreements in bailout review. ATHENS, Sept 14- Greece will tell its creditors it cannot comply with labour reforms demanded by the International Monetary Fund as a condition of its support for the country's third bailout, its labour minister told Reuters in an interview on Wednesday. Labour Minister George Katrougalos,...

  • *Greece to fight for collective wage agreements in bailout review. ATHENS, Sept 14- Greece will tell its creditors it cannot comply with labor reforms demanded by the International Monetary Fund as a condition of its support for the country's third bailout, its labor minister told Reuters in an interview on Wednesday. Labour Minister George Katrougalos,...

  • ZURICH, Sept 14- Switzerland's president gave a British official tips on negotiating trade deals when they met in Berne on Wednesday to discuss bilateral ties following Britain's vote to quit the European Union. Johann Schneider-Ammann, who is also Swiss economy minister, "gave an insight into Switzerland's experience of negotiating free trade agreements...

  • *Greece to fight for collective wage agreements in bailout review. ATHENS, Sept 14- Greece will tell its creditors it cannot comply with labour reforms demanded by the International Monetary Fund as a condition of its support for the country's third bailout, its labour minister told Reuters in an interview on Wednesday. Labour Minister George Katrougalos,...

  • *Greece to fight for collective wage agreements in bailout review. ATHENS, Sept 14- Greece will tell its creditors it cannot comply with labor reforms demanded by the International Monetary Fund as a condition of its support for the country's third bailout, its labor minister told Reuters in an interview on Wednesday. Labour Minister George Katrougalos,...

  • *Greece to fight for collective wage agreements in bailout review. ATHENS, Sept 14- Greece will tell its creditors it cannot comply with labour reforms demanded by the International Monetary Fund as a condition of its support for the country's third bailout, its labour minister told Reuters in an interview on Wednesday. Labour Minister George Katrougalos,...

  • *Greece to fight for collective wage agreements in bailout review. ATHENS, Sept 14- Greece will tell its creditors it cannot comply with labor reforms demanded by the International Monetary Fund as a condition of its support for the country's third bailout, its labor minister told Reuters in an interview on Wednesday. Labour Minister George Katrougalos,...

  • BRUSSELS— The European Union is extending its investment plan for a further three years in order to boost growth and employment. EU Commission President Jean-Claude Juncker said Wednesday that he's aiming to generate 630 billion euros worth of public and private investment by 2022.. The initial aim of the Investment Plan for Europe, which was first announced...

  • The organization, which represents 29 major oil-importing nations including the U.S., also noted that supplies from the OPEC oil cartel are running at near-record levels as Kuwait and the United Arab Emirates pump at their highest levels ever. It added that non- OPEC supply is expected to return to growth next year. Last week's revelation that the world's two...

  • TORONTO, Sept 12- Canada is working towards signing a new trade agreement with the European Union in October, Canadian Trade Minister Chrystia Freeland said on Monday. Supporters of the deal, called the Comprehensive Economic and Trade Agreement, say it would increase trade between the EU and Canada on a range of products, boosting the EU economy by 12 billion...

  • TORONTO, Sept 12- Canada is working towards signing a new trade agreement with the European Union in October, its trade minister Chrystia Freeland told a conference in Toronto on Monday. "At a time when so much of the world is saying no to trade and saying no to the global economy, Canada is in a position to say yes," Freeland said. Supporters of the deal, called the...

  • LONDON, Sept 12- Bank of England deputy governor Minouche Shafik will step down at the end of February 2017 to become director of the London School of Economics, the central bank said on Monday. Shafik, 54, has stuck close to the consensus on monetary policy since she joined the BoE from the International Monetary Fund in August 2014, and had been due to serve until...

  • MONDAY, SEPTEMBER 12 ATLANTA- Federal Reserve Bank of Atlanta President Dennis Lockhart speaks on monetary policy and the economic outlook before the National Association for Business Economics 58th annual meeting- 1205 GMT. Speakers: Panama Finance Minister Dulcidio de la Guardia, International Monetary Fund Managing Director Christine Lagarde and...

  • MONDAY, SEPTEMBER 12 TORONTO- Toronto Global Forum- An international conference which fosters dialog on national and global issues, held under the auspices of the International Economic Forum of the Americas. Speakers: Panama Finance Minister Dulcidio de la Guardia, International Monetary Fund Managing Director Christine Lagarde and World Bank Managing...

  • BRUSSELS, Sept 9- The European Union and Canada struck a multi-billion dollar trade pact called the Comprehensive Economic and Trade Agreement in 2014 after five years of talks. It is expected to be signed by Canada and EU member states in October. The European Union and Canada have agreed to eliminate tariffs on almost 99 percent of goods.

  • NEW DELHI, Sept 7- India will present proposals to the World Trade Organization on ways to ease trade in services, Commerce Minister Nirmala Sitharaman said on Wednesday, as Asia's third-largest economy seeks to leverage one of its competitive strengths. "While there seems to be trade facilitation for goods, there doesn't seem to be trade facilitation for...

  • Global trade is stagnating: HSBC

    Not much has been done to tackle growing protectionism or to improve trade liberalization efforts, says HSBC's Frederic Neumann.

  • PARIS, Sept 5- Leaders from the world's top economies said on Monday that Britain's vote to exit the European Union added uncertainty to the global economic outlook but G20 economies were well positioned to deal with the economic and financial fallout. In a communique wrapping up the G20 summit in the Chinese city of Hangzhou, leaders said that monetary policy...

  • Sept 5- Following is the full text of a communique released on Monday by G20 leaders following a summit in Hangzhou, China:. We, the Leaders of the G20, met in Hangzhou, China on 4-5 September 2016. We met at a time when the global economic recovery is progressing, resilience is improved in some economies and new sources for growth are emerging.