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World Economy Economic Organizations

  • President Donald Trump on Canada's system of dairy protections, saying every nation defended its agricultural industries. Trudeau told Bloomberg Television that the United States in fact ran a dairy surplus with Canada. The threat to get rid of or alter NAFTA has clouded the economic outlook for Canada, whose biggest trade partner is the United States.

  • CARACAS, April 20- Annual inflation in crisis-hit Venezuela last year reached 274 percent, according to data the central bank provided to the International Monetary Fund, although many economists believe the true figure is far more alarming. Venezuelan consultancy Ecoanalitica says inflation was 525 percent last year and New York- based investment bank...

  • **WASHINGTON- World Bank President Jim Yong Kim and Canada Finance Minister Bill Morneau speak at World Bank- 2030 GMT. **WASHINGTON- World Bank President Jim Yong Kim is a panelist at the discussion "Creating Markets, Creating Opportunities" in Washington 1800 GMT. WASHINGTON- Governor of Bank of England Mark Carney speaks before an Institute of International...

  • **WASHINGTON- World Bank President Jim Yong Kim and Canada Finance Minister Bill Morneau speak at World Bank- 2030 GMT. **WASHINGTON- World Bank President Jim Yong Kim is a panelist at the discussion "Creating Markets, Creating Opportunities" in Washington 1800 GMT. WASHINGTON- Governor of Bank of England Mark Carney speaks before an Institute of International...

  • WASHINGTON, April 20- German Finance Minister Wolfgang Schaeuble said on Thursday it would be possible to develop the euro zone's European Stability Mechanism rescue fund into a European monetary fund soon. Speaking on the sidelines of International Monetary Fund meetings in Washington, he also said any new aid programs for euro zone countries should be...

  • Those findings come as the semi-annual gathering of finance officials from the International Monetary Fund, the World Bank and the Group of 20 major economies kicks off in Washington, where the case against protectionist trade policies is expected to be a major theme. "For the first time in five years, all the major economies seem to be growing in sync," noted Ajay...

  • ATHENS, April 20- The International Monetary Fund may finance Greece's current bailout programme with a small amount for one year, the country's government spokesman said on Thursday, adding that the issue was under discussion between Athens and its creditors. The fund's participation is seen as a condition for Germany to unlock new funds to Greece.

  • BERLIN, April 20- Germany on Thursday pushed back against U.S. criticism of its trade surplus, saying ahead of global finance talks in Washington that nobody could blame Berlin for the competitiveness of' Made in Germany' products. Treasury currency report on Friday, the Trump administration backed away from naming any major trading partner as a currency...

  • **WASHINGTON- World Bank President Jim Yong Kim and Canada Finance Minister Bill Morneau speak at World Bank- 2030 GMT. *WASHINGTON- World Bank President Jim Yong Kim is a panelist at the discussion "Creating Markets, Creating Opportunities" in Washington 1800 GMT. WASHINGTON- Governor of Bank of England Mark Carney speaks before an Institute of International...

  • **WASHINGTON- World Bank President Jim Yong Kim and Canada Finance Minister Bill Morneau speak at World Bank- 2030 GMT. *WASHINGTON- World Bank President Jim Yong Kim is a panelist at the discussion "Creating Markets, Creating Opportunities" in Washington 1800 GMT. WASHINGTON- Governor of Bank of England Mark Carney speaks before an Institute of International...

  • WASHINGTON, April 19- Political and economic realities in the United States, Europe and China are all clouding the global fiscal outlook but countries should still press forward with nuanced tax and spending policies, the International Monetary Fund said on Wednesday. "The lack of specificity about the size and composition of the expected fiscal stimulus in...

  • NAIROBI, April 19- The International Monetary Fund has slashed its projection for Burundi's economic growth this year to nil and projected just 0.1 percent in 2018.. It gave no specific reason for the 2017 revision from 2 percent, but Burundi has been suffering from a severe drought like much of the wider region. But continuing instability has forced Burundi to...

  • WASHINGTON, April 18- The International Monetary Fund raised its 2017 global growth forecast on Tuesday due to manufacturing and trade gains in Europe, Japan and China, but warned that protectionist policies threaten to choke a broad-based recovery. The IMF, whose spring meetings with the World Bank get underway in Washington this week, forecast that the...

  • BEIJING, April 18- The International Monetary Fund on Tuesday raised forecasts for China's economic growth in 2017 and 2018, citing expectations of continued policy support, but warned of potential disruptions in the medium term unless the country reduces its reliance on rapid credit growth. The IMF upgraded its estimate for China's 2017 growth to 6.6...

  • BEIJING, April 18- The International Monetary Fund on Tuesday raised forecasts for China's economic growth in 2017 and 2018, citing expectations of continued policy support, but warned of potential disruptions in the medium turn unless the country reduces its reliance on rapid credit growth. The IMF upgraded its estimate for China's 2017 growth to 6.6...

  • BERLIN, April 18- The International Monetary Fund will not take part in a bailout program for Greece if it deems the country's debt is unsustainable, the international lender's chief Christine Lagarde said in an interview published on Tuesday. Greece needs to implement reforms agreed by euro zone finance ministers earlier this month to secure a new loan under...

  • WASHINGTON- World Bank President Jim Yong Kim participates in a discussion in Washington- 1830 GMT. ANNANDALE- ON- HUDSON, New York- Esther George, president of Federal Reserve Bank of Kansas City, speaks before the Levy Economics Institute of Bard College's 26th Annual Minsky Conference 1300 GMT. SYDNEY- Reserve Bank of Australia will release the minutes of April...

  • WASHINGTON- World Bank President Jim Yong Kim participates in a discussion in Washington- 1830 GMT. ANNANDALE- ON- HUDSON, New York- Esther George, president of Federal Reserve Bank of Kansas City, speaks before the Levy Economics Institute of Bard College's 26th Annual Minsky Conference 1300 GMT. SYDNEY- Reserve Bank of Australia will release the minutes of April...

  • *Japan's growth seen rising this year, slowing in 2018. The OECD raised Japan's 2017 economic growth forecast to 1.2 percent, from 1.0 percent in November, because of an expected pickup in consumer spending, exports and capital expenditure. However, the Paris- based think tank maintained its forecast growth will slow to 0.8 percent in 2018, highlighting the...

  • TOKYO, April 13- The Bank of Japan should maintain quantitative easing until inflation exceeds its price target but it must be alert to the risks posed to asset prices and the financial sector, the Organisation for Economic Co-operation and Development said. The OECD raised Japan's 2017 economic growth forecast slightly because of an expected pickup in...