Vitas Vasiliauskas, governor of Lithuania's Central Bank, says that joining the euro zone is the next "logical step" for the country, as it would bring stability and integration.» Read More
*Armed men seize buildings in eastern Ukraine. *Kiev says cut-off of Russian gas looking likely. KIEV/ MOSCOW, April 12- Armed men seized official buildings in a city in eastern Ukraine on Saturday and hoisted the Russian flag, deepening a stand-off with Moscow which, Kiev warned, was dragging Europe into a "gas war" that could disrupt supplies across the continent.
WASHINGTON, April 12- China said on Saturday it backed IMF financial support for Ukraine, but expressed concern about the global lender's funding capacity given the failure of the U.S. Congress to ratify a program of reforms for the institution.
*Armed men seize buildings in eastern Ukraine. *Kiev says cut-off of Russian gas looking likely.
*Ukraine says Russian gas price hike unacceptable. *Armed men seize buildings in eastern Ukraine. KIEV, April 12- Armed pro-Russian militants raised the Russian flag in an eastern Ukrainian city on Saturday, deepening a stand-off with Moscow which, Kiev warned, was dragging Europe closer to a "gas war" that could disrupt supplies across the continent.
KIEV, April 12- Ukraine said on Saturday it was suspending payments to Russia for deliveries of gas, ratcheting up the tension in a standoff that has the potential to leave European Union states cut off from the Russian gas supplies on which they depend.
WASHINGTON, April 11- Behind statements that Russia will not budge in demanding Ukraine repay its debts for its natural gas deliveries, hints emerged at a meeting of G20 finance chiefs this week that a deal in which Moscow eases its stance might be in the works.
WASHINGTON, April 11- A group of the world's leading rich nations will support increasing sanctions against Russia if Moscow escalates the crisis in Ukraine, U.S. The G7 includes the United States, Canada, France, Germany, Italy, Japan and Great Britain.
WASHINGTON, April 11- A group of the world's leading rich nations will support increasing sanctions against Russia if Moscow escalates the crisis in Ukraine, U.S. Treasury Secretary Jack Lew said on Friday.
WASHINGTON, April 11- Finance chiefs from around the globe on Friday gave the United States until year-end to ratify long-delayed reforms to the International Monetary Fund and threatened to move forward without it if it fails to do so.
NEW YORK, April 11- U.S. crude oil rose to near a six-week high on Friday, steered by stronger gasoline demand and a positive consumer confidence report, but gains were capped by profit taking and a declining demand outlook.
"We are monitoring the economic situation in Ukraine, mindful of any risk to economic and financial stability, and welcome the IMF's recent engagement with Ukraine as the authorities work to undertake meaningful reforms," the G20 said during the IMF-World Bank spring meetings in Washington.
WASHINGTON, April 11- The following is the full text of the communique and an accompanying annex issued on Friday by the finance ministers and central bankers of the Group of 20 nations after a two-day meeting.
KIEV/ MOSCOW, April 11- Russian President Vladimir Putin tried to ease European fears of gas supply cuts on Friday after Brussels said it would stand with the new authorities in Kiev if the Kremlin carries out a threat to turn off the tap to Ukraine.
NEW YORK, April 11- U.S. crude oil rose on Friday, lifted by a positive consumer confidence report that indicated strength in the U.S. economy, while Brent was pulled higher by traders covering short positions before the weekend in case ties with Russia worsened.
WASHINGTON, April 11- The world's top economies are monitoring the economic situation in Ukraine for any fallout that may pose risks to economic and financial stability, according to a draft communique by the Group of 20 finance ministers and central bankers.
WASHINGTON, April 11- Russian Finance Minister Anton Siluanov said on Friday any oil-for-goods deal between Moscow and Iran would follow United Nations rules on sanctions, not U.S. rules.
WASHINGTON, April 11- The International Monetary Fund is able to lend to Ukraine because the country's debt is sustainable, the head of the IMF's European department, Reza Moghadam, said on Friday. "Debt in Ukraine is sustainable," Reza Moghadam said in a news conference during the IMF and World Bank spring 2014 meetings.
MOSCOW, April 11- Polyus Gold, Russia's biggest gold miner is considering state proposals to encourage the rebasing of Russian firms currently owned by offshore entities and intends to explore these issues with the government, the company said on Friday.
LONDON, April 11- Gold held around 2-1/ 2 week highs on Friday, heading for its biggest weekly rise in a month on sagging risk appetite and increasing hopes the U.S. Gold futures for June delivery were up 0.1 percent to $1,321.70 an ounce.
KIEV, April 11- Ukraine said on Friday it would turn to Europe for gas and won a promise of help from Brussels after Russia warned it could cut supplies over Kiev's refusal to pay Moscow's "political, uneconomic price" for supplies.