World Economy Economic Organizations

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  • BEIJING, July 22- International Monetary Fund Managing Director Christine Lagarde said on Friday Brexit meant the global growth forecast was revised down and that uncertainty from Britain's decision to leave the European Union should be removed as soon as possible.

  • BEIJING, July 22- The world must step up international macroeconomic policy coordination, China's Premier Li Keqiang said on Friday after meeting the heads of the International Monetary Fund, the World Bank, and other senior global economic officials.

  • FRIDAY, JULY 22 BEIJING- Chinese Premier Li Keqiang will hold a roundtable with World Bank President Jim Yong Kim, International Monetary Fund Managing Director Christine Lagarde, World Trade Organization Director-General Roberto Azevedo, International Labor Organization Director-General Guy Ryde, Organization for Economic Cooperation and...

  • FRIDAY, JULY 22 BEIJING- Chinese Premier Li Keqiang will hold a roundtable with World Bank President Jim Yong Kim, International Monetary Fund Managing Director Christine Lagarde, World Trade Organization Director-General Roberto Azevedo, International Labor Organization Director-General Guy Ryde, Organization for Economic Cooperation and...

  • FRIDAY, JULY 22 BEIJING- Chinese Premier Li Keqiang will hold a roundtable with World Bank President Jim Yong Kim, International Monetary Fund Managing Director Christine Lagarde, World Trade Organization Director-General Roberto Azevedo, International Labor Organization Director-General Guy Ryde, Organization for Economic Cooperation and...

  • Treasury Secretary Jack Lew said on Thursday that G20 finance officials do not need to take the same type of massive coordinated fiscal stimulus efforts used to combat recession in 2008-2009, despite an expected global economic growth slowdown sparked by Britain's vote to leave the European Union. Lew, speaking to reporters before flying to Chengdu, China...

  • *Fund to meet over 3rd Ghana review late August. ACCRA, July 21- Ghana's parliament has taken a step towards passing a law on central bank reform that could breach a key tenet of its $918 million aid deal with the International Monetary Fund, parliamentary and finance sources told Reuters. Until 2014, Ghana had one of Africa's fastest-growing economies based on...

  • FRANKFURT, July 21- The European Central Bank kept interest rates unchanged on Thursday but left the door open to more policy stimulus, highlighting "great" uncertainty and abundant risks to the economic outlook. Signalling a readiness to act, ECB President Mario Draghi argued that Britain's decision to leave the European Union and weak emerging market growth...

  • ATEHNS, July 21- Group of 20 finance officials meeting in China this weekend should agree on a broad-based approach to support consumer demand, limit private-sector debt and implement structural reforms to combat deepening risks to growth, the International Monetary Fund said on Thursday. The IMF, in a briefing note to G20 finance ministers and central bank...

  • LONDON, July 21- British retail sales suffered their sharpest monthly fall in six months in June, but stores said bad weather rather than Brexit was to blame, leaving open the question of how big a hit the vote to leave the European Union will deal to the economy. But the Office for National Statistics said retailers did not attribute the fall to the result of the June...

  • The European Union has been debating whether to grant China "market economy status" from December, which China says is its right 15 years after joining the World Trade Organization. China says this is discriminatory and, in any case, will breach WTO rules from Dec. 11, marking its 15 years in the organisation. Commission Vice-President Jyrki Katainen and Trade...

  • The European Union has been debating whether to grant China "market economy status" from December, which China says is its right 15 years after joining the World Trade Organization. China says this is discriminatory and, in any case, will breach WTO rules from Dec. 11, marking its 15 years in the organization. Commission Vice-President Jyrki Katainen and Trade...

  • *China likely to keep out of policy spotlight at meeting. SHANGHAI, July 21- Finance heads from the world's leading economies will confront fresh fears about protectionism when they meet in China this weekend, with Brexit fallout and dwindling policy options to boost global growth expected to dominate talks. The Group of 20 finance ministers and central...

  • BRUSSELS, July 20- The European Commission outlined on Wednesday a new way of assessing whether Chinese companies are exporting at unfairly low prices, as Beijing demands it no longer to be treated as a special case. The European Union has been debating whether to grant China "market economy status" from December, which Beijing says is its right 15 years after...

  • BRUSSELS, July 20- The European Commission outlined on Wednesday a new way of assessing whether Chinese companies are exporting at unfairly low prices, as Beijing demands it no longer to be treated as a special case. The European Union has been debating whether to grant China "market economy status" from December, which Beijing says is its right 15 years after...

  • BRUSSELS, July 20- The European Commission on Wednesday proposed a new way of assessing whether Chinese companies are exporting at unfairly low prices, as China demands it no longer to be treated as a special case. The European Union has been debating whether to grant China "market economy status" from December, which Beijing says is its right 15 years after...

  • BRUSSELS, July 20- The European Commission on Wednesday proposed a new way of assessing whether Chinese companies are exporting at unfairly low prices, as China demands it no longer to be treated as a special case. The European Union has been debating whether to grant China "market economy status" from December, which Beijing says is its right 15 years after...

  • BERLIN, July 20- Germany wants a message of stability to emerge from this weekend's G20 meeting in China, where Finance Minister Wolfgang Schaeuble will also meet his newly appointed British counterpart Philip Hammond to discuss Brexit, a senior government official in Berlin said on Wednesday. The Group of 20 finance ministers and central bankers will put the...

  • *China likely to keep out of policy spotlight at meeting. SHANGHAI, July 20- Finance heads from the world's leading economies will confront fresh fears about protectionism when they meet in China this weekend, with Brexit fallout and dwindling policy options to boost global growth expected to dominate talks. The Group of 20 finance ministers and central...

  • Investors' risk appetite, which has recovered rapidly from the Brexit shock late in June, received a sobering reminder after the International Monetary Fund cut its global growth forecasts for the next two years on Tuesday, citing uncertainty over Britain's looming exit from the European Union. Spreadbetters also saw a subdued start for European stocks,...