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  • WRAPUP 1-IMF urges UK to spend more to fund investment Wednesday, 22 May 2013 | 11:05 AM ET

    LONDON, May 22- Britain's government should spend more now to fund investment and steer its economy back to recovery, the International Monetary Fund said on Wednesday, a call unlikely to be heeded by finance minister George Osborne.

  • IMF urges Britain to do more to boost growth Wednesday, 22 May 2013 | 7:00 AM ET

    LONDON, May 22- The International Monetary Fund called on Britain's government on Wednesday to do more to speed up slow economic recovery, hinting that the country might be able to afford to borrow more to fund investment.

  • Why I'm Fed Up With Austerity: EU's Olli Rehn Friday, 17 May 2013 | 9:34 PM ET
    EU Commissioner for Economic and Monetary Affairs Olli Rehn

    Olli Rehn, the European Union's top economic policy maker and scourge of debt-fueled budget deficits, is fed up with austerity.

  • *Exit could be' bumpy', IMF study shows costs could be high. WASHINGTON, May 16- Central banks got it right when they saved the world economy, but their unprecedented actions risk disruptive cross-border spillovers and potentially heavy losses when the time comes to reverse course, the IMF said on Thursday.

  • WASHINGTON, May 16- Central banks got it right when they saved the world economy, but their unprecedented actions risk disruptive cross-border spillovers and potentially heavy losses when the time comes to exit, the IMF said on Thursday.

  • PARIS, May 14- The economic outlook in major industrialised nations is improving, led by firming growth in the United States and Japan, the OECD said on Tuesday. The Paris- based Organisation for Economic Cooperation and Development said its latest monthly leading indicator for the OECD as a whole rose to 100.5 in March from 100.4 in February.

  • LONDON, May 13- The yen suffered fresh losses on Monday after Group of Seven finance officials avoided direct criticism of Japan's monetary policy, which has pushed its currency to four-year lows. The euro also fell against a firmer dollar after European Central Bank policymaker Ignazio Visco said the central bank may opt for a negative deposit rate.

  • AYLESBURY, England, May 10- U.S. Federal Reserve Chairman Ben Bernanke is unlikely to attend the Group of Seven finance leaders' meeting on the outskirts of London this weekend, a G7 official said. Bernanke is scheduled to speak from 1330 GMT on Friday at a meeting in Chicago.

  • G7 looks to central banks to prop up growth Thursday, 9 May 2013 | 7:01 PM ET

    LONDON, May 10- Many of the world's most powerful finance chiefs will meet at an English stately home later on Friday to discuss if central banks can do more to bolster a fragile global recovery.

  • LONDON, May 9- Top finance officials from the Group of Seven economies will discuss ways to nurture the global economic recovery and push ahead with financial reform when they meet on Friday and Saturday, Britain's finance minister said.

  • BRUSSELS, May 8- The European Union has imposed provisional duties on India's exports of stainless steel wire to counter dumping that has hurt Italian, German and Spanish producers. The European Union and Asia's third largest economy accuse each other of protectionism and talks towards a free trade pact that started in 2007 have stalled.

  • UPDATE 2-Brazil's Azevedo wins race to head WTO Tuesday, 7 May 2013 | 4:35 PM ET

    GENEVA, May 7- Brazil's Roberto Azevedo has won the race to become the next head of the World Trade Organization, the first candidate from the BRIC club of emerging economies to take the job.

  • *Serbia wants precautionary loan deal. BELGRADE, May 7- The International Monetary Fund will not discuss a fresh loan deal on a mission to Serbia starting this week, it said on Tuesday, describing the visit as a "health check" of the Balkan country's economy.

  • OECD cuts Belgian growth forecast to zero for 2013 Tuesday, 7 May 2013 | 5:00 AM ET

    BRUSSELS, May 7- Weak domestic demand and subdued exports are likely to mean a second year without economic growth for Belgium in 2013, the Organisation for Economic Cooperation and Development said on Tuesday in a downgraded forecast.

  • MADRID, May 6- Europe risks a wave of anti-EU votes in 2014 European parliamentary elections unless a June summit of European Union leaders offers a concrete response to economic crisis, Italian Prime Minister Enrico Letta said on Monday.

  • WASHINGTON, May 6- Greece has made progress in reducing government debt and improving its competitiveness, but needs to follow through on structural reforms to ensure its economy recovers, the IMF said on Monday after a mission visit to the country.

  • WASHINGTON, May 6- Greece has made progress in reducing government debt and improving its competitiveness, but needs to follow through on structural reforms to ensure its economy recovers, the IMF said on Monday after a mission visit to the country.

  • GREATER NOIDA, India, May 3- Japan has tapped its reserves to invest in bonds issued by major economies in Southeast Asia, Japan's Finance Minister Taro Aso said on Friday, part of a strategy aimed at strengthening regional bond markets.

  • *Hungary says budget forecasts from EU "wrong" and "unjust". BUDAPEST/ BRUSSELS, May 3- Hungary said on Friday it was on track to bring its budget deficit within European Union rules and win release from the bloc's penalty system, challenging suggestions that this would require more cuts.

  • TABLE-EU Commission forecasts for euro zone and EU Friday, 3 May 2013 | 5:00 AM ET

    BRUSSELS, May 3- The European Commission issued the following forecasts on Friday for the euro zone and for the European Union as a whole.