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  • Helicopters carrying piggy banks over clouds

    ECB President Mario Draghi said on Thursday that the bank had "never discussed" issuing so-called helicopter money.

  • HONG KONG/ BENGALURU, April 21- Bad debts at Asian banks have climbed to their highest since the global financial crisis and the trend will likely worsen as regional economies battle against China's slowdown and volatile oil and commodities prices, a Reuters data analysis shows. "We expect asset quality to weaken and bad loans to increase... the key factor we see is...

  • FRANKFURT, Germany— Germany's deputy chancellor is urging eurozone governments to invest more to spur the economy and take some of the burden off the European Central Bank. Sigmar Gabriel, who is also the country's economy minister, warned against criticism of the ECB for its massive stimulus measures involving buying bonds with newly printed money.

  • WASHINGTON, April 13- The U.S. economy continued to expand from late February to early April and low unemployment appears to be spurring an uptick in wage growth, the Federal Reserve said on Wednesday. Pay increased in all but one of the Fed's 12 regional bank districts and several reported signs of a pickup in wage growth, the U.S. central bank said in its Beige Book...

  • SANTIAGO, April 9- A United Nations body has cut its modest economic growth projection for Latin America in 2016 and is now forecasting an average contraction in regional gross domestic product of 0.6 percent. The Santiago- based Economic Commission for Latin American and the Caribbean, citing low commodities prices and financial market volatility, cut its...

  • WEDNESDAY, APRIL 6 ST LOUIS- Federal Reserve Bank of St. Louis President James Bullard gives welcome remarks before a Homer Jones Memorial Lecture event- 2230 GMT. CLEVELAND- Federal Reserve Bank of Cleveland President Loretta Mester speaks on the U.S. and regional economic outlook and monetary policy before a joint Cleveland Association for Business...

  • TOKYO, March 30- Japanese Prime Minister Shinzo Abe said on Wednesday he wants to boost inbound tourism to 40 million visits by 2020, doubling the number from last year, in a bid to boost retail sales and revitalise regional economies.

  • PANAMA CITY, March 29- Panamanian economic growth accelerated in January compared with the previous month, data from the national statistics office showed on Tuesday. The Central American nation's economy has been cooling as $15 billion of infrastructure investment, mainly for the expansion of the Panama Canal, reaches its conclusion.

  • SANTIAGO, March 29- The world's two largest plane manufacturers forecast on Tuesday that Latin America's commercial fleet will at least double in the next two decades as economic growth accelerates in the region. "In the long term, the economies of Latin America will grow faster than those in the rest of the world," said Donna Hrinak, president of Boeing Latin...

  • *March flash euro zone composite PMI 53.7. *Composite PMI above all forecasts in Reuters poll. LONDON, March 22- Business activity in the euro zone and sentiment in powerhouse Germany ended the first quarter on a brighter note, surveys showed on Tuesday, suggesting the European Central Bank's extra stimulus may already be having a positive effect.

  • UK Chancellor of the Exchequer George Osborne speaks at a Conservative Party Conference.

    George Osborne, the U.K.'s finance minister, will announce this year's budget on Wednesday and is expected to cut public spending further, despite the slowing British economy.

  • President Barack Obama and Southeast Asian leaders turned their attention to China on Tuesday on the second day of a summit intended to improve commercial links and provide a united front on maritime disputes with Beijing. After a first day discussing trade and economic issues at the Sunnylands resort in California, Obama and his Association of Southeast...

  • WASHINGTON, Feb 5- President Barack Obama on Friday said the latest jobs report showing the unemployment rate at an eight-year low of 4.9 percent was a testament to the strength of the American economy. "We should be proud of the progress we've made," Obama told reporters in the White House briefing room. But Obama noted "softness" in China, Europe and other economies...

  • SANTIAGO, Feb 2- Turkey aims to boost trade with Latin America more than two-fold by 2023, in a bid to diversify away from its traditional export markets in the troubled economies of Europe and the Middle East, Economy Minister Mustafa Elitas said on Monday. Citing the advantages of having a free trade agreement with Chile that aims to yield $1 billion in...

  • *Erdogan to visit Chile, Ecuador, Peru. ANKARA, Jan 29- President Tayyip Erdogan heads to Latin America on Sunday with the aim of boosting trade ties as Turkey seeks to diversify away from its traditional export markets in the troubled economies of Europe and the Middle East. Turkey has been slowly strengthening its relationship with Latin America since the late...

  • LONDON, Jan 20- The Middle East was the fastest growing region for oil consumption except China over the last decade as young populations and booming economies simulated a surge in fuel demand. The Middle East is not only one of the world's most important producers and exporters of oil; in recent years it has become one of the most important and fast-growing...

  • TAIPEI, Jan 19- Taiwan stocks fell on Tuesday in cautious trade but losses were limited as regional markets steadied after China's GDP figures came out largely in line with expectations. Taiwan is due to publish its export orders for December on Wednesday with the data expected to show a ninth straight month of contraction, setting 2015 up to record the steepest...

  • BRUSSELS, Jan 15- EU citizens would have a harder time finding jobs and the economy would suffer should Europe's internal passport-free zone collapse under the pressure of the migration crisis, the head of the bloc's executive said on Friday. European Commission President Jean-Claude Juncker conceded it would not be easy to curb the mass influx of migrants...

  • BRUSSELS, Jan 13- Euro zone partners are impressed with Greece's progress in implementing its latest bailout but have misgivings about its proposal to partly fund a major pension reform by raising contributions, EU officials said on Wednesday. His six-stop tour culminated in Berlin on Wednesday, where he met hardline German Finance Minister Wolfgang...

  • NEW YORK, Jan 4- Oil prices slid on Monday in volatile trade that saw an early rally of more than 4 percent on tensions in the Middle East until those gains were erased on worries about a slowing global economic growth and sliding stock markets. Brent, the global oil benchmark, was down 38 cents, or 1 percent, at $36.90 a barrel by 11:23 a.m. EST. Earlier in the session, oil...