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  • OECD sees U.S. growth accelerating through 2015 Friday, 13 Jun 2014 | 9:30 AM ET

    WASHINGTON, June 13- The U.S. economic recovery should accelerate in coming months as an energy boom, steadily falling unemployment and a rebound in investment push growth to its fastest pace in a decade, the Organization for Economic Cooperation and Development said on Friday.

  • *Bank of America shares biggest drag on S&P 500. *World Bank cuts global 2014 outlook. NEW YORK, June 11- U.S. stocks fell on Wednesday, with the Dow breaking a four-day string of record closing highs, following the World Bank's reduction of its global growth forecast.

  • *Bank of America shares biggest drag on S&P 500. *World Bank cuts global 2014 outlook. NEW YORK, June 11- U.S. stocks dropped on Wednesday, with the Dow and S&P 500 pulling back from recent record highs, following the World Bank's reduction of its global growth forecast.

  • OECD recommends Canada tighten mortgage insurance further Wednesday, 11 Jun 2014 | 3:05 PM ET

    OTTAWA, June 11- The Organization for Economic Co-operation and Development endorsed the Bank of Canada's accommodative monetary policy on Wednesday but recommended that Canadian authorities tighten mortgage insurance further to promote financial stability. The Bank of Canada has kept its policy rate at 1 percent since September 2010.

  • WASHINGTON, June 10- The World Bank on Tuesday trimmed its global growth forecast, saying a confluence of events, from the Ukraine crisis to unusually cold weather in the United States, dampened economic expansion in the first half of the year.

  • BEIJING, June 5- The International Monetary Fund recommended that China adopt an economic growth target of about 7 percent for 2015 and urged authorities to avoid further stimulus measures and concentrate on curtailing financial risks instead.

  • BEIJING, June 6- China aims to cut the proportion of cash that commercial banks must keep with the People's Bank of China, the country's banking regulator said on Friday, signalling further monetary loosening although the IMF and World Bank say its economy is doing fine.

  • BEIJING, June 6- China is likely to meet its economic growth target of 7.5 percent this year, the World Bank said on Friday, but must persevere with fiscal and financial sector reforms to deal with the root cause of its debt problems.

  • BEIJING, June 5- The International Monetary Fund cut its 2015 economic growth forecast for China to about 7 percent, but urged authorities to avoid further stimulus measures and concentrate on curtailing financial risks instead.

  • BEIJING, June 5- China only needs to provide additional stimulus if economic growth slows "significantly" below 7.5 percent, the IMF said on Thursday. China's economy is on track to grow around 7.5 percent this year- in line with the government's target, the International Monetary Fund said. It also said that China's yuan is moderately undervalued.

  • While rates are rising as much as 3 percent a year in countries such as Australia, France, Mexico and Switzerland, they have been fairly stable in other countries such as the Unites States, Canada, Korea and Italy, the Organisation for Economic Cooperation and Development said in report.

  • *Ukraine election could send jitters through markets. LONDON, May 25- Investors this week will be watching the results of elections that could deal a blow to political parties that are key to reform efforts in the European Union and could also fan instability in Ukraine.

  • ST PETERSBURG, Russia, May 24- Russian Economy Minister Alexei Ulyukayev said on Saturday he was confident that the European Union would refrain from imposing sanctions that could hit some of the country's major exports.

  • PARIS, May 15- Weak consumer spending and business investment brought France's economy to a standstill in the first quarter of the year, raising doubts over the government's growth forecast and its pledge to meet EU deficit targets.

  • NEW YORK, May 14- The International Monetary Fund sees a 25 percent chance of the the euro zone slipping into deflation by the end of next year, the fund's chief economist said on Wednesday. For now, the IMF is predicting low inflation in the euro zone, Olivier Blanchard told a forum in New York.

  • BERLIN, May 13- International Monetary Fund chief Christine Lagarde warned Russia on Tuesday that its economy, already facing lower economic growth because of the crisis in Ukraine, would face still further decline if tension with the West is allowed to continue.

  • *Ghana and IMF were due to discuss assistance programme. AKOSOMBO, Ghana May 13- Ghana is concentrating on a "home-grown" fiscal strategy to tackle its economic woes for now, rather than an assistance programme with the International Monetary Fund, President John Mahama said on Tuesday.

  • OECD MONTHLY LEADING INDICATOR POINTS TO DETERIORATING GROWTH OUTLOOK FOR EMERGING ECONOMIES, STABLE OUTLOOK FOR ADVANCED ECONOMIES.

  • PARIS, May 13- The growth outlook for major emerging economies is worsening but remains largely stable for the big developed economies, the OECD said on Tuesday.

  • KAMPALA, May 13- Uganda's economic growth should accelerate to just above 6 percent in the next fiscal year through June 2015 despite the risk of reduced foreign aid and unrest in key export market South Sudan, the IMF said on Tuesday.