Economic Organizations



  • PARIS, Nov 6- The global economy is only gradually picking up momentum as stagnation in the euro zone and growing weakness in some big emerging economies weighs on the U.S.-led recovery, the OECD said on Thursday. With the euro zone a stubborn weak spot in the global economy, the OECD called on the European Central Bank to live up to a promise "to do what ever it takes" to...

  • PARIS, Nov 6- The OECD published on Thursday preliminary forecasts for major economies ahead of a summit of G20 leaders next week in Australia. The forecasts will be updated and completed when the OECD publishes its full Economic Outlook on Nov. 25. 2014 2015 2016 China 7.3 7.1 6.9 India 5.4 6.4 6.6 Indonesia 5.4 6.0 Mexico 3.9 4.2 Korea 3.8 4.1 World 3.3 3.7 3.9...

  • *Greece spells out post-bailout hopes. ATHENS, Nov 5- Greece expects an interim period of up to a year of limited EU/IMF supervision when it quits its bailout programme at the end of the year, without the current "micro-management" by lenders, the finance minister told Reuters on Wednesday. The comments by Gikas Hardouvelis in his office overlooking Syntagma...

  • *Region's biggest economy Kazakhstan needs reforms for growth. ALMATY, Nov 4- Economic growth in the Caucasus and Central Asia will weaken this year and next, hit by a slowdown in Russia, the International Monetary Fund said on Tuesday. IMF economists divide the region into hydrocarbon exporters Azerbaijan, Kazakhstan, Turkmenistan and Uzbekistan and oil and...

  • ALMATY, Nov 4- Economic growth in the Caucasus and Central Asia is set to weaken this year and next, hit by a slowdown in Russia, the region's key trading partner and source of remittances and investment, the International Monetary Fund said on Tuesday. IMF economists divide the region into hydrocarbon exporters Azerbaijan, Kazakhstan, Turkmenistan and...

  • NEW YORK, Oct 30- Oil prices fell about 1 percent on Thursday, resuming their downtrend after a two-day climb, as the dollar surged on bets of a sooner-than-expected U.S. interest rate hike and traders appeared resigned that producer group OPEC won't do much to cut output next month. "We're back to the mantra that the U.S. economy will lead the way to higher rates from...

  • Get bold on economy, ease up on budget cuts: IMF Saturday, 11 Oct 2014 | 2:24 PM ET
    The International Monetary Fund (IMF) logo is seen at the IMF headquarters building in Washington.

    The International Monetary Fund's member countries on Saturday said bold action was needed to bolster the global recovery.

  • IMF sees no brutal slowdown in China Sunday, 6 Jul 2014 | 5:25 AM ET
    Christine Lagarde

    Global economic activity should accelerate in 2015, Christine Lagarde said on Sunday, adding that the IMF did not expect a sharp slowdown in China.

  • Ukraine crisis means EU-US trade talks a priority Saturday, 22 Mar 2014 | 5:13 PM ET
    President Barack Obama gives a statement on the situation in the Ukraine in the Brady Press Briefing Room of the White House on March 17, 2014 in Washington, DC.

    Russia's annexation of Crimea underlines the need for the United States and the European Union to deepen their economic ties via an ambitious trade deal.

  • G-20 mulls ambitious target for global growth Friday, 21 Feb 2014 | 10:47 PM ET
    Australian Treasurer Joe Hockey

    The world's top 20 economies may agree to set an ambitious target for faster global growth at a weekend meeting in Sydney.

  • European leaders agreed on new steps to fight youth unemployment and promote lending to credit-starved small business on Thursday after deals on banking resolution and the long-term EU budget.

  • No More Embargoed Data   Friday, 21 Jun 2013 | 10:12 AM ET
    No More Embargoed Data

    The Conference Board will no longer provide economic reports in advance to news organizations, reports CNBC's Eamon Javers.

  • G-8 Welcomes Japan's Economic Policies, Abe Says Tuesday, 18 Jun 2013 | 8:51 PM ET
    Prime Minister of Japan Shinzo Abe

    Japanese PM Abe said on Tuesday G-8 leaders expressed strong support for his "Abenomics" economic policies and heard no concerns about Japan's super easy monetary easing.

  • The IMF Wants Even More Action to Boost Recovery Saturday, 20 Apr 2013 | 4:08 PM ET

    Leaders of the International Monetary Fund said an uneven global economic recovery is emerging, and policymakers must take more steps to foster swifter growth and job creation.

  • G-20: Does the World Need Austerity? Saturday, 20 Apr 2013 | 2:22 AM ET

    Finance leaders of the G-20 economies on Friday edged away from a long-running drive toward government austerity in rich nations, rejecting the idea of setting hard targets for reducing national debt in a sign of worries over a sluggish global recovery.

  • EU Promises Less Austerity as G20 Debates Debt Friday, 19 Apr 2013 | 4:03 AM ET

    The euro zone will slow its budgetary belt-tightening to help reinvigorate economic growth, a top EU official said on Thursday.

  • Greece Faces Review of Bailout Performance Sunday, 3 Mar 2013 | 6:12 AM ET

    Officials from the European Union and the International Monetary Fund return to Athens on Sunday to assess Greece's performance under a bailout plan.

  • Yen Slumps on Talk of ADB's Kuroda for BOJ Role Sunday, 24 Feb 2013 | 10:22 PM ET
    Haruhiko Kuroda

    Japan's government is likely to nominate Asian Development Bank President Haruhiko Kuroda, an advocate of aggressive monetary easing.

  • $2 Trillion Economy With a Major Trust Problem Wednesday, 13 Feb 2013 | 9:18 AM ET

    A $2 trillion economy and a stock market that trades at valuations cheaper than Pakistan - Russia is struggling to gain the trust of international capital.