OTTAWA, Jan 30- Canada's economy will keep growing this year, despite a sharp drop in oil prices, as a rise in exports to a recovering U.S. market offsets declines in domestic consumption and investment, the International Monetary Fund said on Friday. The IMF said it supports the Bank of Canada's recent move to lower interest rates, though it encouraged...» Read More
WASHINGTON, Oct 2- The global economy could be stuck in a weak growth rut for a long time as countries struggle to pull free from a past of high debt and unemployment, the head of the International Monetary Fund said on Thursday. The economic rebound is even weaker than the IMF predicted six months ago, and countries risk getting bound to a prolonged period of...
KIEV, Oct 2- Ukraine's economy is likely to shrink by 8 percent this year and contract again next year because of the effect of the separatist war in the industrialised east, the World Bank said on Thursday. The bank had previously expected Ukraine's gross domestic product would contract by 5 percent this year and then grow 2.5 percent next year.
UKRAINIAN WORLD BANK CHIEF REPRESENTATIVE SEES UKRAINIAN ECONOMY SHRINKING BY 8 PCT IN 2014 VERSUS PREVIOUS OUTLOOK OF 5 PCT CONTRACTION.
MOSCOW, Oct 1- The International Monetary Fund halved its forecast for Russia's 2015 gross domestic product to 0.5 percent on Wednesday, saying that international tensions had created downside risks to its estimates.
MOSCOW, Oct 1- The International Monetary Fund halved its growth forecast for Russia for 2015 to 0.5 percent in gross domestic product terms on Wednesday, saying that uncertainty over geopolitical tensions brought downside risks to its estimates.
IMF MISSION HEAD SAYS RUSSIA NEEDS TIGHTER MONETARY POLICY TO REDUCE INFLATION.
IMF MISSION HEAD SAYS 2014 INFLATION TO REACH MORE THAN 8 PCT, KEEPS CAPITAL OUTFLOW FORECAST AT $100 BLN FOR THIS YEAR.
RUSSIA IMF MISSION HEAD SPILIMBERGO SAYS IMF CUTS RUSSIA'S 2015 GDP FORECAST TO 0.5 PCT FROM EARLIER 1.0 PCT, RISKS ARE TILTED TO DOWNSIDE.
MOSCOW, Sept 29- Russia issued a new warning on Monday that it would retaliate if the European Union or Ukraine push ahead with moves to implement a free-trade agreement. Russia says its economy would be hurt by the free trade deal because it would allow Ukraine to export cheaper European goods to Russia, undercutting local products.
*IMF agreed $553 mln loan to Yemen based on reform pledges. DUBAI, Sept 25- Yemen will destabilise its economy if it delays reforms such as cuts to energy subsidies, the International Monetary Fund said in a report released after the government rolled back some fuel price rises in the face of political unrest.
*IMF agreed $553 mln loan to Yemen based on reform pledges. DUBAI, Sept 25- Yemen will destabilize its economy if it delays reforms such as cuts to energy subsidies, the International Monetary Fund said in a report released after the government rolled back some fuel price rises in the face of political unrest.
*Big infrastructure projects pushing up spending. DUBAI, Sept 24- Saudi Arabia's state finances could fall into the red next year and the country could start running down its huge foreign reserves if it does not rein in the growth of government spending, the International Monetary Fund said.
*World Bank sees GDP at no more than 0.5 pct in 2014-2015. MOSCOW, Sept 24- Russia's economy is set to stagnate in the next two years as the country pays the price for the Ukraine crisis, lack of structural reforms and uncertain economic policy, the World Bank said on Wednesday.
MANILA, Sept 24- China has many tools to keep growth well above 7 percent next year, the International Monetary Fund said on Wednesday, downplaying the risks of the cooling property market in the world's second-largest economy.
WORLD BANK SAYS CONTINUED ECONOMIC POLICY UNCERTAINTY, LACK OF STRUCTURAL REFORMS BRING SUBSTANTIAL RISKS TO RUSSIA'S MEDIUM-TERM OUTLOOK.
WORLD BANK SEES RUSSIA'S 2014 INFLATION AT 8 PCT, AGAINST CENBANK FORECAST OF 7.5 PCT.
WORLD BANK SEES RUSSIA'S GDP GROWING BY 0.3 PCT IN 2015 AND 0.4 PERCENT IN 2016, BELOW GOVT FORECAST OF 1.2 PCT GROWTH NEXT YEAR AND 2 PCT IN 2016.
MANILA, Sept 24- China's economy will likely grow faster than previously thought in 2015, the International Monetary Fund said on Wednesday, downplaying the risks of the cooling property market in the world's second-largest economy.
WTO SAYS LOWERED TRADE FORECAST ON WEAK ECONOMIC GROWTH AND MUTED IMPORT DEMAND IN FIRST HALF OF 2014, RISKS TO DOWNSIDE REMAIN.
*Weak economic outlook in China, Europe weighs on prices. *Analysts expect OPEC to cut output to support prices. HOUSTON, Sept 22- Crude oil futures fell on Monday as ample supply and slowing economic growth in Europe and China outweighed expectations of a cut in oil output from the Organization of the Petroleum Exporting Countries.