International Organizations G20

  • LONDON, May 18- For world markets, the main focus at this week's Group of Seven meeting in Japan will be how much leeway the host nation is given to boost economic growth and inflation, specifically through depreciation of the yen. Japan's economy is struggling in the face of a stronger exchange rate that has damaged growth, intensified deflation, crushed stock...

  • WASHINGTON, April 19- The International Monetary Fund and the World Bank said on Tuesday they are joining forces with other international organizations to cooperate on tax issues and develop new tools and standards to halt tax base erosion and evasion. The new grouping, which will also include the United Nations and the Organization for Economic Cooperation...

  • WASHINGTON, April 15- Financial leaders from the Group of 20 nations said on Friday they were heartened by a recent recovery in financial markets, but warned that global growth was "modest and uneven" and threatened by weakness in commodities-based economies. In a communique issued after their meeting in Washington, G20 finance ministers and central bank...

  • WASHINGTON, April 15- The Group of 20 major economies said on Friday that economic growth remains "modest and uneven," with downside risks ranging from a potential British exit from the European Union to geopolitical conflicts.

  • WASHINGTON, April 15- Financial leaders from the Group of 20 major economies scrambled on Friday for a way to keep global growth from stalling amid concerns about a drop-off in international trade and the waning effectiveness of loose monetary policy. The G20 gathering, the highlight of the International Monetary Fund and World Bank spring meetings in...

  • WASHINGTON- IMF discussion on "Private Sector Solutions in Challenging Markets"- 1300 GMT. WASHINGTON- Press briefing: European Department at IMF headquarters- 1315 GMT. WASHINGTON- World Bank holds discussion on "Forced Displacement: A Global Development Challenge".

  • TREASURY OFFICIAL SAYS WILL EMPHASIZE AT IMF, G20 MEETINGS THIS WEEK THAT MEMBERS SHOULD AVOID TARGETING EXCHANGE RATES FOR COMPETITIVE ADVANTAGE.

  • PARIS, April 11- France will seek tougher EU sanctions on people who help to facilitate tax evasion and a G20 blacklist of uncooperative tax havens, the Finance Ministry said on Monday following the Panama Papers leaks. Since signing up in principle last year, Panama has rowed back, saying it could not meet all the reporting standards required for automatic...

  • HONG KONG, March 1- U.S. Treasury Secretary Jack Lew said the key takeaway from the conclusion of the G20 meetings in Shanghai was that no country would competitively devalue their currency in a way that would trigger the outbreak of a fresh round of currency wars. "Leaving the Shanghai G20 with the risk of competitive devaluation greatly, greatly reduced because...

  • *China shares fall almost 3 percent. LONDON, Feb 29- Shares retreated in Europe and Asia on Monday after a weekend meeting of G20 finance chiefs ended with no new plan to spur global growth and as investors fretted the U.S. But there was no plan for coordinated stimulus, which some investors had been seeking after concerns about a slowdown in China depressed markets...

  • LONDON, Feb 29- European shares retreated from a three-week high on Monday and were on track for their third-straight month of losses as a weekend meeting of the G20 group of leading economies failed to strike new, concrete measures to boost growth. The Group of 20 finance ministers and central bankers declared on Saturday they needed to look beyond ultra-low...

  • TOKYO, Feb 29- Asian stocks were off to a cautious start on Monday after a weekend meeting of the Group of 20 economic policymakers ended with no new coordinated action to spur global growth and as solid U.S. data revived expectation of a U.S. rate hike before year-end. MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.2 percent, while Australian...

  • "The fact that the G20 is going to do more of the same is likely to be greeted with a big yawn and a likely fall on stock markets," said Richard Edwards, managing director at trading and research firm HED Capital. "Some people will be disappointed that there are no concrete measures," said Francois Savary, chief investment officer at Geneva- based investment and...

  • *Central banks near their limits. FRANKFURT/ TOKYO, Feb 28- The widely predicted failure of G20 leaders to agree on bold new steps to reinvigorate the world economy at a meeting in Shanghai this weekend puts the onus firmly back on central bankers. "Monetary policy is extremely accommodative to the point that it may even be counterproductive in terms of negative...

  • Separately, Lew called on China to remain communicative regarding its plans and to communicate more in public as opposed to behind closed doors, and that Beijing could carry out its economic transition in an orderly way. He added that he believed China had the necessary policy tools to bolster domestic demand in support of that transition.

  • SHANGHAI, Feb 27- British finance minister George Osborne pushed to include the risk of Britain leaving the European Union onto the list of risks to the global economy agreed by financial leaders of the top 20 economies on Saturday, G20 officials said. British Prime Minister David Cameron negotiated a special status for Britain in the bloc last week to help...

  • SHANGHAI, Feb 27- Policymakers from the world's top economies said on Saturday that the world needs to look beyond easy monetary policy to provide balanced growth. In a joint communique issued at the end of the two-day conference of G20 central bankers and finance ministers in Shanghai, participants repeated previous pledges not to engage in competitive...

  • SHANGHAI, Feb 27- Chinese Finance Minister Lou Jiwei said on Saturday deepening structural reforms is the fundamental way to deal with challenges in the global economy, and China was willing to work with G20 countries to contribute to strong, sustainable, balanced global growth. In a statement at the end of a two-day meeting of finance ministers and central...

  • SHANGHAI, Feb 27- Financial leaders of the world's 20 biggest economies agreed to inform each other in advance about policy decisions that could lead to devaluations of their currencies, the chairman of euro zone finance ministers Jeroen Dijsselbloem said on Saturday. The decision was prompted by concerns among some of G20 financial leaders about the...

  • SHANGHAI, Feb 27- The world's top economies are set to declare on Saturday that they need to look beyond ultra-low interest rates and printing money if the global economy is to shake off its torpor, while promising a new focus on structural reform to spark activity. A draft of the communique to be issued by the Group of 20 finance ministers and central bankers at the...