WTO SAYS MAIN VARIABLE IN WORLD TRADE FORECASTS IS SPEED OF EU ECONOMIC RECOVERY.» Read More
KIEV, March 26- The International Monetary Fund concluded talks with Ukrainian officials on Wednesday, suggesting an imminent announcement of an aid deal for Kiev to help plug the government's budget gap and put its economy on a growth track.
MOSCOW, March 26- The Russian economy may contract markedly this year and the country could see record capital outflow of $150 billion if the crisis over Moscow's annexation of Ukraine's Crimea deepens, the World Bank warned on Wednesday.
WORLD BANK SAYS RUSSIAN ECONOMY MAY CONTRACT BY 1.8 PCT IN 2014 IF RUSSIA- UKRAINE CONFLICT ESCALATES.
MOSCOW, March 26- Russia's economy could contract by 1.8 percent in gross domestic product terms this year if the crisis following Moscow's annexation of Ukraine's Crimea deepens, the World Bank said on Wednesday. "If the Russia- Ukraine conflict escalates, uncertainty could rise around sanctions from the West and Russia's response to them."
MANILA, March 24- Southeast Asia is unlikely to hit a target of integrating its 10 economies by 2015, but the group has much potential to be a trading hub for Asia once it fully creates an economic community, the Philippines' finance chief said on Monday.
BEIJING, March 24- China's economy may still grow around 7.5 percent this year despite signs of a slowdown, and there is no immediate need for the government to roll out fresh stimulus measures, Asian Development Bank President Takehiko Nakao said on Monday.
BEIJING, March 23- International Monetary Fund chief Christine Lagarde said on Sunday that there was not much she should could to push reform at her organisation and give emerging economies a bigger say without the support of the United States.
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.
*EU trade chief says Russia must pay a price for its actions. BRUSSELS, March 22- 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 that would also allow Europe to import U.S. gas, Washington's top trade official said on Saturday.
WASHINGTON, March 20- Germany is the world's most efficient exporter and importer, the World Bank said on Thursday. In its latest trade logistics score card, the World Bank ranked seven European economies among the top 10, along with the United States, Singapore and Japan.
JOHANNESBURG, March 16- Mozambique's overall budget deficit is projected to widen to 9.5 percent this year from 3 percent in 2013, the International Monetary Fund said, as the country continues its spending-driven quest for economic growth.
BOGOTA, March 13- Colombia's central bank could begin raising its key interest rate toward a neutral level as temporary supply shocks disappear and gradually allow inflation to rise, the International Monetary Fund said on Thursday.
WASHINGTON, March 13- An International Monetary Fund team in Kiev will begin negotiations with Ukrainian authorities about an economic reform program, the IMF's chief said on Thursday. An IMF team has been in Kiev since March 4 to gather data about the government's finances.
OTTAWA, March 13- Canada will offer C $220 million in aid to Ukraine to help promote sustainable economic growth and good governance, Foreign Minister John Baird said on Thursday. He told reporters that C $200 million would be in the form of a loan or a loan guarantee based on a broader package that included support from the International Monetary Fund.
WASHINGTON, March 13- The International Monetary Fund has made good progress in its fact-finding mission in Kiev and will soon discuss Ukraine's economic situation with IMF management, a Fund spokesman said on Thursday. A team from the IMF arrived in Kiev last week to assess the country's economic situation and discuss a possible bailout program.
PARIS, March 11- Following are updated forecasts from the Organisation for Economic Cooperation and Development for growth in the world's main developed economies in the first and second quarters of 2014. The GDP forecasts are for annualised, quarter-on-quarter growth and are based on GDP releases and high-frequency indicators published up to March 10.
PARIS, March 11- The recovery in developed economies is on track although slowing activity in big emerging markets means global growth will be only moderate at best in the near term, the OECD said on Tuesday.
OECD SAYS GROWTH IN MAJOR ADVANCED ECONOMIES WILL BE "SOMEWHAT SLOWER" IN FIRST HALF OF 2014 THAN SECOND HALF OF 2013.
OECD SAYS SUB-PAR GROWTH IN EMERGING ECONOMIES MEANS GLOBAL GROWTH WILL BE ONLY MODERATE IN NEAR TERM.
OECD SEES Q/Q ANNUALISED GERMAN GDP GROWTH OF 3.7 PCT IN Q1, 2.5 PCT IN Q2.