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DUBAI, June 17- Tunisia may spend over a billion dollars to recapitalise its state-owned banks as the government struggles to stabilise the economy after the 2011 revolution, Tunisian authorities have told the International Monetary Fund.
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TOKYO, May 31- The yen's depreciation since last year has left it slightly below a level consistent with Japan's medium- to long-term economic fundamentals. a senior International Monetary Fund official said on Friday.
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*IMF and OECD cut China growth forecasts. NEW YORK, May 29- Oil futures retreated on Wednesday on worries the Federal Reserve could phase out its stimulus program, and in an uncertain demand outlook for the global economy following weak growth forecasts for China.
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*OECD trims global growth forecast, IMF trims China forecast.
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*IMF and OECD cut China growth forecasts. LONDON, May 29- Brent crude oil futures retreated on Wednesday, on worries that the Federal Reserve could phase out its stimulus package, and an uncertain demand outlook for the global economy following weak growth forecasts for China.
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*IMF and OECD cut China growth forecasts. LONDON, May 29- Brent crude oil futures retreated on Wednesday, on worries that the Federal Reserve could phase out its stimulus package, and an uncertain demand outlook for the global economy following weak growth forecasts for China.
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*Boosted by monetary easing, U.S and Japan to lead recovery. PARIS, May 29- The recession-hit euro zone will fall further behind a generally improving United States and a rebounding Japan this year, the OECD said on Wednesday, cutting its global growth forecasts.
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*OECD cuts forecasts for France, Greece, Italy, Portugal. BRUSSELS, May 29- The European Central Bank, which shored up the euro zone last year, needs to act again to lift the bloc out of recession, the OECD said on Wednesday, calling for bold steps beyond just interest rate cuts.
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BEIJING, May 29- The OECD on Wednesday slashed its forecast for China's 2013 economic growth to 7.8 percent, the same as last year's actual rate, from a previous 8.5 percent, citing weakening domestic demand amid global uncertainties.
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*Boosted by monetary easing, U.S and Japan to lead recovery. PARIS, May 29- The recession-hit euro zone will fall further behind a generally improving United States and a rebounding Japan this year, the OECD said on Wednesday, cutting its global growth forecasts.
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WASHINGTON, May 29- After flooding U.S. banks with cash to fight an economic crisis, the Federal Reserve must now find a way to slowly tighten the money spigot without dealing a painful shock to businesses and families, the OECD said in a report on Wednesday.
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*OPEC likely to leave policy unchanged at meeting on May 31. CALGARY, Alberta, May 27- Brent oil crude futures edged lower on Monday, as last week's weaker data lingered over a market thinned by public holidays in the United States and Britain.
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*OPEC likely to leave policy unchanged at meeting on May 31. LONDON, May 27- Brent oil crude futures fell towards $102 per barrel on Monday, due to weak economic outlook in a well-supplied market, with oil producer cartel OPEC unlikely to shift policy at a meeting this week.
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Secretary of State John Kerry urged Egypt to act swiftly on economic reforms to secure a $4.8 billion International Monetary Fund loan, saying the measures were needed to get more aid from the U.S. Congress, an American official said.
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ADDIS ABABA, May 23- Ethiopia's huge public spending has created one of Africa's fastest-growing economies, but volatile inflation, balance of payments pressures and a stifled private sector raise questions over its sustainability, the International Monetary Fund said.
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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.
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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.
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*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.
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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.
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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.
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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.
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