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Economic Organizations


  • NEW DELHI, Dec 4- India will press the Group of 20 economies to set a two-year deadline to reduce the cost of international money transfers, two government sources said, potentially saving more than $20 billion for developing countries. The world's largest recipient of remittances- of about $70 billion a year- won the backing of G20 leaders last month in Brisbane...

  • POLL-Oil forecasts dive after OPEC keeps output target Thursday, 4 Dec 2014 | 6:00 AM ET

    *Brent seen averaging $82.50, U.S. crude $78.00 in 2015. Dec 4- Oil price forecasts have collapsed in the wake of OPEC's decision not to cut output despite a global glut, Reuters monthly poll showed on Thursday. The survey of 31 economists and analysts, conducted after the Organization of the Petroleum Exporting Countries meeting on Nov. 27, forecast North Sea Brent...

  • LONDON, Dec 3- With an economy in meltdown, a currency that has tanked 45 percent and a possible sovereign default ahead, more and more of Ukraine's companies are finding themselves unable to repay overseas debt. While a relatively modest $12.4 billion in private sector debt falls due in 2015, according to International Monetary Fund estimates, it still exceeds...

  • ATHENS, Dec 2- Greece has rejected its international lenders' demands for tax rises and income cuts next year, Prime Minister Antonis Samaras said on Tuesday, arguing such measures would be disastrous for the country which has emerged from a deep economic recession. "Greece has done a lot already," Samaras said during an economic conference. The finance ministry...

  • 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.

  • G20 to Skirt Potholes as World Economy Recovers Sunday, 10 Feb 2013 | 6:39 PM ET

    With the road ahead looking a bit smoother, G20 finance ministers will be happy to ignore the wreck in the rear-view mirror when they meet this week to steer a course for the world economy.

  • G20 Unlikely to Pressure Japan Over Weakening Yen Monday, 28 Jan 2013 | 7:09 PM ET

    The world's top economic policymakers are likely to discuss how Japan's new monetary and fiscal policy drive is weakening the yen when they meet next month, but will stop well short of calling it a competitive devaluation, G20 officials said.

  • IMF Chief Urges Major Economies to Promote Growth Friday, 18 Jan 2013 | 2:13 AM ET
    Schaeuble and Lagarde Clash Over Austerity

    The European Central Bank should keep monetary policy easy and perhaps try to lower borrowing costs further to help the euro zone's struggling economy, the head of the International Monetary Fund said on Thursday.