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  • BERLIN, Oct 1- The German government expects there to be a debate at the IMF meeting in Peru next week about the right time for the U.S. Federal Reserve to raise interest rates, a senior official told journalists on Thursday. Federal Reserve Chair Janet Yellen has said she expects the U.S. central bank to begin raising interest rates later this year as long as...

  • YEREVAN, Oct 1- The Armenian government targets 2.2 percent economic growth in 2016, down from 4.1 percent expected this year, the government said in a press release on Thursday. The International Monetary Fund last week raised its economic growth forecast for Armenia in 2016 to 2.2 percent from its previous forecast of 1 percent. Other former Soviet republics...

  • WASHINGTON, Sept 30- A relentless deceleration in the economies of the developing world will cause global growth to slow this year and only pick up a bit more pace in 2016, the head of the International Monetary Fund said on Wednesday. In a speech that previewed a report on global growth due next month, IMF Managing Director Christine Lagarde held back from giving...

  • WASHINGTON, Sept 30- A relentless deceleration in the economies of the developing world will cause global growth to slow this year and only pick up a bit more pace in 2016, the head of the International Monetary Fund said on Wednesday. In a speech that previewed a report on global growth due next month, IMF Managing Director Christine Lagarde held back from giving...

  • IMF's Lagarde says global economic growth is slowing Wednesday, 30 Sep 2015 | 10:30 AM ET

    WASHINGTON, Sept 30- A relentless deceleration in the economies of the developing world will cause global growth to slow this year and only pick up a bit more pace in 2016, the head of the International Monetary Fund said on Wednesday. IMF Managing Director Christine Lagarde said growth was picking up in the euro area and Japan and still looked robust in the...

  • BRUSSELS, Sept 30- The European Union will ease capital rules it has imposed on banks and insurers since the financial crisis to help markets raise more funds for reviving sluggish economic growth. The bloc's financial services chief, Jonathan Hill, announced his "action plan" on Wednesday, made up of 33 measures and legislative initiatives that will put in place...

  • MOSCOW, Sept 30- Russia's push to boost sales of homegrown products while imports are hit by sanctions will be economically damaging if past experience is any guide, the former head of the World Trade Organisation, Pascal Lamy, said on Wednesday. Trade between Russia and Western countries is restricted by sanctions imposed by both sides over the conflict in...

  • *Dollar back above 120 yen, off low around 119.24. LONDON, Sept 30- The euro lost ground on Wednesday as data showing euro zone inflation dipped back into negative territory in September fuelled expectations the European Central Bank will expand or extend its asset purchase programme. The euro fell 0.4 percent to $1.1205, and was down 0.7 percent against the...

  • *China, Brazil, oil, commodities hit trade growth. GENEVA, Sept 30- World trade will grow by 2.8 percent this year and could be pegged back further by a U.S. interest rate rise, China's economic slowdown or Europe's refugee crisis, the World Trade Organization said on Wednesday. "These include a sharper-than-expected slowdown in emerging and developing economies,...

  • *Dollar back near 120.00 yen, off low around 119.24. LONDON, Sept 30- The euro fell across the board early on Wednesday as investors focused on the prospect of a negative euro zone inflation reading that would boost expectations of further asset purchases by the European Central Bank. "The market is expecting a weak euro zone inflation reading, especially after...

  • DIARY-Top Economic Events to Oct 8 Tuesday, 29 Sep 2015 | 8:01 PM ET

    WASHINGTON- International Monetary Fund Managing Director Christine Lagarde participates in conversation hosted by the Council of Americas on global economic policies and prospects- 1430 GMT. ST. LOUIS- Federal Reserve Bank of St. Louis President James Bullard gives welcome remarks before the Third Annual Community Banking Research and Policy...

  • IMF-AS ADVANCED ECONOMIES NORMALISE MONETARY POLICIES, EMERGING MKTS SHOULD PREPARE FOR RISE IN CORPORATE FAILURES.

  • LONDON, Sept 29- Slumping commodity prices pose a serious challenge to economic and political stability in developing economies across Latin America, Africa, the Middle East and Asia. For example, oil export revenues for the members of the Organization of the Petroleum Exporting Countries rose from $123 billion in 1994 and $375 billion in 2004 to a peak of $1.2...

  • The International Monetary Fund is likely to revise downwards its estimates for global economic growth due to slower growth in emerging economies, IMF head Christine Lagarde said in a newspaper interview. In line with bearish sentiment, Brent crude futures were down almost 1 percent, or 45 cents, at $48.15 per barrel at 0138 GMT. Crude futures are now down over 10...

  • SINGAPORE, Sept 28- Oil prices dropped in early trading in Asia on Monday despite a fourth weekly fall in U.S. drilling activity, with analysts pointing to the weak economic outlook as the main reason for low crude prices. The International Monetary Fund is likely to revise downwards its estimates for global economic growth due to slower growth in emerging...

  • FRANKFURT, Sept 24- Low interest rates and heightened volatility in emerging markets have become key risks for Europe's financial stability, a European Union watchdog said on Thursday. The Bank of England, for example, introduced a limit last year on how much most people can borrow to buy a home. The ESRB, which is chaired by European Central Bank President Mario...

  • LONDON, Sept 24- France is willing to help Britain's push to reform the European Union ahead of a referendum on the country's membership of the bloc, but remains unsure about some key British proposals, French economy minister Emmanuel Macron said on Thursday. Britain's Conservative government has promised a vote on EU membership before the end of 2017. Prime...

  • LONDON, Sept 24- French economy minister Emmanuel Macron said France was willing to help Britain's push to reform the European Union ahead of a referendum on the country's membership of the bloc, but he remained unsure about some British proposals.

  • IMF approves $39.7 mln for Jamaica after review Wednesday, 23 Sep 2015 | 5:51 PM ET

    WASHINGTON, Sept 23- The International Monetary Fund on Wednesday approved an extra $39.7 million for Jamaica, the international lender said after a review of the country's support arrangement. IMF Deputy Managing Director Min Zhu said Jamaican authorities remained committed to the economic program supported by the Extended Fund Facility and structural...

  • WASHINGTON, Sept 22- Downside risks to global growth have increased and the weak economic outlook will make achieving world development goals more difficult than in the past, the head of the International Monetary Fund said on Tuesday. IMF Managing Director Christine Lagarde said she hoped world leaders would adopt a United Nations agenda for sustainable...