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  • The U.S. lobbying effort comes amid mounting concerns in Brussels and Washington about the hardline stance taken by some members of the euro zone, particularly Germany, that Greece must press on with its budget-cutting commitments, according to the report, which cited European Union and U.S. officials. A U.S. delegation is heading to Athens, led by the Treasury...

  • Concern over the ability of the United States to sustain the global economy as most of the world slows will be high on the agenda as the Group of 20 leading economies hold talks in Istanbul on Monday and Tuesday. The meetings come as Greece casts a new shadow over Europe, cheap oil plays havoc with inflation and growth forecasts and a strengthening dollar...

  • ISTANBUL, Feb 8- World financial leaders are likely to agree on Tuesday to cut the number of actions they will take this year to boost growth to only 5-10 priorities per country to make it easier to check if they are being done, European officials said. "We support the Presidency's intention that G20 members agree on a shortlist of measures with the highest growth...

  • Concern over the ability of the United States to sustain the global economy as most of the world slows will be high on the agenda as the Group of 20 leading economies hold talks in Istanbul on Monday and Tuesday. The meetings come as Greece casts a new shadow over Europe, cheap oil plays havoc with inflation and growth forecasts and a strengthening dollar...

  • With Greece's woes casting a shadow over Europe again, cheap oil playing havoc with inflation and growth forecasts, and the strengthening dollar posing a threat to emerging market economies, the meetings come at a critical time. Turkey's Deputy Prime Minister Ali Babacan, who is in charge of the economy, has said tackling sluggish global growth and giving low...

  • LONDON, Feb 8- Meetings of G20 finance ministers and EU leaders top and tail this week with Greece's fate uppermost in policymakers' minds and global turbulence caused by diverging monetary policies and cheap oil coming a close second. Impromptu interest rate cuts have followed from India to Australia and Canada to Denmark, while China has cut bank reserve...

  • DIARY- Top Economic Events to Feb 20 Friday, 6 Feb 2015 | 7:01 PM ET

    WASHINGTON- Federal Reserve Board Governor Jerome Powell gives lecture, "Audit the Fed and Other Proposals" before the Catholic University of America, Columbus School of Law: Brendan Brown Lecture event- 2100 GMT. SYDNEY- Reserve Bank of Australia Governor Glenn Stevens at the RMB Clearing Bank launch ceremony- 0015 GMT. RALEIGH, United States- Federal Reserve...

  • WASHINGTON, Feb 6- The United States urged European governments to spend more money to boost their depressed economies, warning that a reliance on central bank money-printing might not be enough to restore healthy growth. Treasury official said global economic growth was looking weak, hurt by Europe's persistent sluggishness as well as by a slowdown in China...

  • IMF sees uncertainty about path of oil prices Friday, 6 Feb 2015 | 7:00 AM ET

    WASHINGTON, Feb 6- Uncertainty over the future path of oil prices could throw a wrinkle into the International Monetary Fund's predictions for the global economy, its staff said in a note on Friday. The outlook for petroleum prices, which have decreased more than 50 percent in the last seven months, is likely to form the backdrop for the ministerial meeting of the...

  • DIARY- Top Economic Events to Feb 18 Thursday, 5 Feb 2015 | 7:01 PM ET

    NAPLES, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart speaks on monetary policy and the economic outlook before the Southwest Florida Business Leaders Luncheon- 1745 GMT. ROME- Conference on European financial architecture and the EU banking union with EU Parliament representative Roberto Gualtieri, ECB Supervisory Council...

  • TRIPOLI, Feb 5- Libya's only commercial flight link to mainland Europe was severed on Thursday when the state carrier said its foreign partner had pulled out of the country after a deadly attack last week on a Tripoli hotel. The Georgia- based company that provided the planes and crews had decided to quit Libya for security reasons, Afriqiyah said in a statement.

  • What the US needs to do to defeat ISIS Wednesday, 4 Feb 2015 | 2:34 PM ET
    Members of the Iraqi Kurdish forces stand at the Khubbaz oil field, some 25 km west of the northern city of Kirkuk, as smoke billows in the background on February 2, 2015, a fews days after Peshmerga forces and police retook the area from Islamic State (IS) group.

    If the US is serious about defeating ISIS, it needs to arm the Kurds—or this is going to wind up in US boots on the ground, says David Phillips.

  • OTTAWA, Feb 4- Europe's economic troubles will be a key focus when Group of 20 finance ministers and central bankers meet in Istanbul next week, Canadian Finance Minister Joe Oliver said on Wednesday. A conundrum facing the G20 at the Feb. 9-10 meeting is figuring out what kind of joint action is appropriate given the current economic disparity: the United States...

  • ISTANBUL, Feb 4- Turkish President Tayyip Erdogan made fresh criticism of the central bank's policies on Wednesday, stoking worries over the bank's independence and sending the lira to a record low against the dollar. It was trading at 2.4440 at 1607 GMT. "Erdogan and his government are becoming increasingly detached from the economic reality," said Lars...

  • Feb 4- With snow piling up in much of the United States, it might seem a bit early to start thinking about summer. storm, "says Rick Seaney, chief executive officer of FareCompare.com, which analyzes airfares. Asia- and Latin America- bound vacationers might find some bargains, while the carriers' sharing alliances that dominate the business will probably limit the...

  • DIARY- Top Economic Events to Feb 17 Tuesday, 3 Feb 2015 | 7:01 PM ET

    CALIFORNIA- Andrew Gracie, Bank of England's executive director for resolution, speaks at the FIA-SIFMA asset management derivatives forum- 1200 GMT. COLUMBUS- Federal Reserve Bank of Cleveland President Loretta Mester speaks on the economy before the Ohio Bankers League annual economic summit- 1745 GMT. LONDON- Bank of England holds monetary policy...

  • Iranian fuel oil exports trade skirts sanctions Tuesday, 3 Feb 2015 | 11:34 AM ET

    DUBAI, Feb 3- Iran is sidestepping Western sanctions and managing to sell hundreds of thousands of tonnes of fuel oil every month through companies based in the U.S.-allied United Arab Emirates, trading sources told Reuters. But Tehran has been using innovative methods to circumvent the restrictions, several Middle East- based trading sources said.

  • DIARY- Top Economic Events to Feb 13 Monday, 2 Feb 2015 | 7:01 PM ET

    NEWARK, United States- Federal Reserve Bank of St. Louis President James Bullard speaks on "U.S. and International Economies and Monetary Policy" before the 10th Annual Delaware Economic Forecast hosted by the University of Delaware- 1500 GMT. Treasury Secretary Jack Lew testifies before the House Ways and Means Committee on the President's Budget Proposal...

  • *Abe defiant, says Japan will step up aid to IS opponents. *Japan opposition says no need to provoke militants. The hardline Islamist group, which controls large parts of Syria and Iraq, released the video showing a hooded man standing over Goto with a knife to his throat, followed by footage of a head put on the back of a human body.

  • DIARY- Top Economic Events to Feb 12 Friday, 30 Jan 2015 | 7:01 PM ET

    SARASOTA, United States- Federal Reserve Bank of Atlanta Executive Vice President David Altig and Federal Reserve Bank of Dallas Senior Vice President Mine Yucel participate in "The Economic Outlook, Monetary Policy and Energy: Thoughts from Federal Reserve Research Directors" event hosted by the New College of Florida and the Global Interdependence...