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World Economy Economic Organizations

  • *Canadian dollar at C $1.3717, or 72.90 U.S. cents. In contrast, recent strength in the Canadian economy has been overshadowed by U.S. tariffs on Canadian softwood lumber, a more uncertain outlook for the North American Free Trade Agreement and lower prices for oil, one of Canada's major exports. Also, the funding crisis at mortgage lender Home Capital may spark a...

  • ULAANBAATAR, May 2- The International Monetary Fund has postponed a $5.5 billion bailout for Mongolia because of a measure included in the country's 2017 budget that forces foreign firms to bank with domestic institutions, the IMF's country representative said. "The Board discussion was postponed," said Neil Saker, the IMF's Mongolia country representative,...

  • ULAANBAATAR, May 2- The International Monetary Fund has postponed a $5.5 billion bailout for Mongolia because of a measure included in the 2017 budget that forces foreign firms to bank with domestic institutions, the IMF's country representative said. "The Board discussion was postponed," said Neil Saker, the IMF's Mongolia country representative, in emailed...

  • TOKYO- Bank of Japan will release the minutes of its March monetary policy meeting. YOKOHAMA, Japan Bank of Japan Governor Haruhiko Kuroda, Asian Development Bank President Takehiko Nakao will speak at Global Think Tank Summit ahead of ADB's annual meeting in Yokohama. OSLO- Norges Bank Governor Oystein Olsen and Chief Executive Officer Yngve Slyngstad...

  • TOKYO- Bank of Japan will release the minutes of its March monetary policy meeting. YOKOHAMA, Japan Bank of Japan Governor Haruhiko Kuroda, Asian Development Bank President Takehiko Nakao will speak at Global Think Tank Summit ahead of ADB's annual meeting in Yokohama. OSLO- Norges Bank Governor Oystein Olsen and Chief Executive Officer Yngve Slyngstad...

  • ABU DHABI, May 1- German Chancellor Angela Merkel said on Monday she hopes the European Union and the six Gulf Cooperation Council countries can finally complete a free trade agreement and that she would discuss the issue with Abu Dhabi's crown prince. Germany, which relies on foreign trade for half its gross domestic product, fears that the protectionism...

  • *But talk of extending OPEC- led output cuts supports prices. TOKYO, May 1- Oil prices edged down on Monday as a disappointing Chinese economic survey clouded the outlook for demand, although talk that OPEC- led crude output cuts could be extended continued to offer support. NYMEX crude for June delivery was down 12 cents at $49.21 a barrel by 0619 GMT.

  • YOKOHAMA, Japan Bank of Japan Governor Haruhiko Kuroda, Asian Development Bank President Takehiko Nakao will speak at Global Think Tank Summit ahead of ADB's annual meeting. SYDNEY- Reserve Bank of Australia board meeting on monetary policy- 0430 GMT. TOKYO- ASEAN +3 Finance and Central Bank Deputies Meeting Working Group.

  • TOKYO- Bank of Japan will release the minutes of its March monetary policy meeting. YOKOHAMA, Japan Bank of Japan Governor Haruhiko Kuroda, Asian Development Bank President Takehiko Nakao will speak at Global Think Tank Summit ahead of ADB's annual meeting in Yokohama. OSLO- Norges Bank Governor Oystein Olsen and Chief Executive Officer Yngve Slyngstad...

  • TOKYO- Bank of Japan will release the minutes of its March monetary policy meeting. YOKOHAMA, Japan Bank of Japan Governor Haruhiko Kuroda, Asian Development Bank President Takehiko Nakao will speak at Global Think Tank Summit ahead of ADB's annual meeting in Yokohama. OSLO- Norges Bank Governor Oystein Olsen and Chief Executive Officer Yngve Slyngstad...

  • MEXICO CITY, April 28- Mexico's economy cooled slightly in the first quarter as industrial output stagnated, according to preliminary data released on Friday, but growth during the start of U.S. The election of Donald Trump last year raised the specter of recession in Mexico as he threatened to shred the North American Free Trade Agreement.

  • MEXICO CITY, April 28- Mexico's economy cooled slightly in the first quarter as industrial output stagnated, according to preliminary data released on Friday, but growth during the start of U.S. The election of Donald Trump last year raised the specter of recession in Mexico as he threatened to shred the North American Free Trade Agreement.

  • DUBLIN, April 28- European Union leaders may have feared the worst for 2017 but in the coming days they can demonstrate a united front on Brexit, watch the bloc's economic recovery strengthen further and likely avoid an electoral earthquake in France. In a year laden with potential risks, Europe has so far cleared an electoral hurdle in the Netherlands, produced a...

  • YOKOHAMA, Japan Bank of Japan Governor Haruhiko Kuroda, Asian Development Bank President Takehiko Nakao will speak at Global Think Tank Summit ahead of ADB's annual meeting. SYDNEY- Reserve Bank of Australia board meeting on monetary policy- 0430 GMT. TOKYO- ASEAN +3 Finance and Central Bank Deputies Meeting Working Group.

  • OTTAWA, April 27- Canadian Prime Minister Justin Trudeau urged U.S. The White House said earlier that Trump told the leaders of Canada and Mexico on Wednesday that he would not terminate the NAFTA treaty at this stage, but would move quickly to begin renegotiating it with them. Any move to break up NAFTA would cause great economic damage to Canada, which sends 75...

  • BRASILIA, April 26- Brazil could decide to join the Organisation for Economic Co-operation and Development as soon as next month, officials told Reuters, as President Michel Temer seeks its seal of approval for reforms to Latin America's largest economy. If approved by the OECD Council, Brazil would become the biggest emerging market member of the group and the...

  • OTTAWA/ WINNIPEG, April 25- From cherries to wine and oil, Canada has a range of tools to retaliate against any Trump administration trade attacks but they are either too limited or too painful to invoke. Ottawa is keen to avoid a costly trade war with the United States as NAFTA renegotiations loom, given the U.S. economy is ten times larger than Canada's.

  • WASHINGTON, April 22- International Monetary Fund members on Saturday dropped a pledge to fight protectionism amid a split over trade policy and turned their attention to another looming threat to global economic integration: the first round of France's presidential election. Concerns that far-right leader Marine Le Pen and far-left rival Jean-Luc...

  • WASHINGTON, April 22- International Monetary Fund members on Saturday dropped a pledge to fight protectionism amid a split over trade policy and turned their attention to another looming threat to global economic integration: the first round of France's presidential election. Concerns that far-right leader Marine Le Pen and far-left rival Jean-Luc...

  • WASHINGTON, April 21- The International Monetary Fund on Friday praised Greece's fiscal over-performance in 2016, but said it still needed clarification from euro zone governments on what debt relief Athens could expect before joining the latest Greek bailout. Greece is on its third international bailout since 2010, but it has to pass reviews of reforms...