WASHINGTON, March 4- International Monetary Fund chief Christine Lagarde said on Wednesday that an infusion of financial support for Ukraine and its impact largely hinges on how the security crisis over Russia's actions in Ukraine is resolved. In an interview on MSNBC, the International Monetary Fund's managing director said the fighting in eastern...» Read More
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 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.
WORLD BANK SAYS CONTINUED ECONOMIC POLICY UNCERTAINTY, LACK OF STRUCTURAL REFORMS BRING SUBSTANTIAL RISKS TO RUSSIA'S MEDIUM-TERM OUTLOOK.
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.
*Weak economic outlook in China, Europe weighs on prices. HOUSTON, Sept 22- Crude oil futures fell more than $1 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.
BERLIN, Sept 22- The euro zone should have its own single representation at the International Monetary Fund, the European Central Bank's chief economist said on Monday, a call which may encounter resistance around the bloc.
*Weak economic outlooks in Europe, China weigh. *Investors look past possible OPEC output cut. Comments from OPEC's secretary general last week that the group could cut output next year buoyed Brent, but investors' attention turned back to the gloomy economic outlook in Europe and China, which has curbed oil demand.
BEIJING, Sept 21- China will not dramatically alter its economic policy because of any one economic indicator, Finance Minister Lou Jiwei said on Sunday. Lou made the remarks at a meeting of finance ministers and central bank governors from the G20 countries in Australia, according to a statement from the People's Bank of China, China's central bank.
CAIRNS, Australia, Sept 21- Following is the text of the communique issued after on Sunday the meeting of finance ministers and central bankers from the Group of 20 leading nations in the Australian city of Cairns.
*Athens building its own funding buffer- Greek finmin. Athens is anticipating further debt relief measures from its euro zone partners and the International Monetary Fund later this year after managing to shore up its finances and post a budget surplus before interest payments.
CAIRNS, Australia, Sept 20- Canada's finance minister said on Saturday commitments made by G20 countries came "very close" to the target of adding an extra 2 percentage points to global economic growth and he urged European governments to increase stimulus where they could.
CAIRNS, Australia, Sept 20- As the Group of 20 leading economies meet to change no less than the "destiny" of the global economy, members remain divided on how to get there with Germany pushing back at U.S. calls for more government stimulus. That goal has seemed ever more distant as members from China to Japan, Germany and Russia have all stumbled in recent months.