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  • WASHINGTON, Oct 10- Brazilian Finance Minister Guido Mantega took the International Monetary Fund to task on Friday for "contradictory" assessments of Brazil's economy, saying the global lender should be more careful in its forecasting. The IMF on Tuesday cut its 2015 growth forecast for Brazil by 0.6 percentage point to 1.4 percent, casting a sharp light on...

  • WASHINGTON, Oct 10- The drop in global oil prices should not affect the spending plans of oil-producing countries in the Middle East in the near-term given their large financial reserves, the head of the IMF's Middle East and Central Asia Department said on Friday. The official, Masood Ahmed, told reporters that every oil producer in the region outside of the Gulf...

  • Europe to see 'accelerating growth': IMF     Friday, 10 Oct 2014 | 11:40 AM ET

    Poul Thomson, European department active director at the IMF, says the current European policy mix is consistent with accelerating growth, and that the IMF supports the emphasis on structural reforms.

  • WASHINGTON, Oct 9- The mix of low interest rates, high liquidity and low volatility in the global economy is "not without danger," European Central Bank Governing Council member Jens Weidmann said on Thursday. Speaking on the sidelines of World Bank and International Monetary Fund meetings, Weidmann said he expected discussion on Friday, when Group of 20...

  • SINGAPORE, Oct 10- Gold retained gains from a four-day rally on Friday and was headed for its best week in nearly four months as a slump in equities and growing worries over the global economy attracted safe-haven bids for the metal. *Earlier this week, the International Monetary Fund cut its global economic growth forecasts for the third time this year, warning of...

  • *U.S., Germany lack political will to spend. Germany is in danger of slipping into recession, China has slowed, and U.S. policymakers are concerned a fresh bout of global weakness will stymie the U.S. recovery as well. International Monetary Fund Managing Director Christine Lagarde issued a blunt call on Thursday for the United States and Germany to open the taps...

  • Schauble to IMF: 'Reality is more complex'     Thursday, 9 Oct 2014 | 11:15 AM ET

    The IMF's latest recommendations seem to be the "opposite" of what it had previously advocated, says German Finance Minister Wolfgang Schäuble.

  • Europe heading for 'new mediocre': IMF     Thursday, 9 Oct 2014 | 11:00 AM ET

    There is a risk of a "new mediocre" setting in, in Europe says David Lipton, first deputy managing director at the IMF. He adds that more should be done at a national level to support the ECB's work.

  • IMF urges countries to take growth seriously Thursday, 9 Oct 2014 | 10:21 AM ET

    WASHINGTON, Oct 9- The world's policymakers must take economic reforms more seriously, or they could see their economies stuck in a muddle of mediocre growth with high debt and unemployment, the head of the International Monetary Fund said on Thursday. IMF Managing Director Christine Lagarde said her advice had not changed much since six months ago- the last...

  • UN chief: 20 times more Ebola aid needed Thursday, 9 Oct 2014 | 12:19 AM ET

    WASHINGTON— The presidents of three Ebola-stricken West African nations made urgent pleas for money, doctors and hospital beds Thursday and representatives of nations gathered for financial meetings promised more help. Koroma spoke by video from Sierra Leone to an Ebola summit at the annual meetings of the International Monetary Fund and World Bank in...

  • WASHINGTON, Oct 8- Recent declines in the yen are due largely to the dollar's strength and are not unexpectedly big when measured on a real, effective basis, a senior International Monetary Fund official said on Wednesday. "What's happening now is dollar strengthening. The U.S. economic outlook is quite favorable, "IMF Deputy Managing Director Naoyuki Shinohara...

  • Traders on the floor of the New York Stock Exchange.

    U.S. stocks ended about 2 percent higher on Wednesday as markets extended gains on the FOMC minutes and recovered from Tuesday's selloff.

  • Brent falls on growth, oil inventory concerns Wednesday, 8 Oct 2014 | 8:10 AM ET

    Brent crude futures fell as lower economic growth forecasts raised concerns about global oil demand amid rising U.S. inventory levels.

  • Euro zone growth seen weakening: OECD Wednesday, 8 Oct 2014 | 8:09 AM ET
    A homeless woman sits in front of a shuttered shop in Athens, Greece.

    Economic growth is set to slow in the euro area, the OECD warned on Wednesday, in a blow to hopes the region’s fortunes were improving.

  • Central banks cut their euro holdings in the second quarter, in the largest drop in almost two years, according to figures from the International Monetary Fund last week, and analysts estimate their sales at around $40 billion worth when adjusted for exchange rate and valuation effects. Since the European Central Bank cut the interest rate on deposits at the...

  • But data and forecasts from China, Spain and Germany all supported the picture painted by the International Monetary Fund on Tuesday: a world economy struggling to end a cycle of low growth and financial trauma it has been stuck in since 2008.. Japan's Nikkei index lost 1.2 percent and Asian shares outside Japan fell by a full percentage point.

  • LONDON, Oct 8- Copper steadied on Wednesday as the dollar lost momentum yet the metal remained near five-month lows on concerns about economic growth in China and Europe. The International Monetary Fund on Tuesday cut its global growth forecasts for a third time this year while data showed German industrial output in August in its biggest fall since the...

  • Spain posted the weakest industrial output growth for almost a year early in European trading, but the dominant focus for markets remained an International Monetary Fund report from Tuesday that flagged the risk of deflation and the euro zone entering an outright recession in 2015.. That followed data from Germany showing industrial output in the euro...

  • LONDON, Oct 8- Brent crude oil dipped below $91 a barrel on Wednesday to its lowest since June 2012 as lower economic growth forecasts raised new concerns about global oil demand at a time of abundant supply. The International Monetary Fund on Tuesday cut its global economic growth forecasts for the third time this year, warning of weaker growth in core euro zone...

  • GLOBAL MARKETS-Growth worries grip stocks, oil Wednesday, 8 Oct 2014 | 4:33 AM ET

    LONDON, Oct 8- European stock markets fell for a second day on Wednesday, pushing world share indexes back towards their lowest in six months as concern mounts over the strength of global economic growth. Forecasts from the International Monetary Fund on Tuesday added to the sense that the world economy is still struggling to break out of the cycle of lower...