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  • WASHINGTON, Oct 11- Reserve Bank of India Governor Raghuram Rajan said on Saturday there would be some volatility in emerging markets once the U.S. The rest of the world will benefit from U.S. growth, "Rajan said at an event on the sidelines of the International Monetary Fund and World Bank fall meetings. "It could create some volatility for the emerging markets... my...

  • Brazil has been preparing for the hikes by amassing currency reserves and maintaining a floating currency, Tombini said on the sidelines of the International Monetary Fund and World Bank fall meetings in Washington.

  • China's central bank sees 'very low' risk of hard landing Saturday, 11 Oct 2014 | 11:47 AM ET

    WASHINGTON, Oct 11- The chance of a hard landing for China's economy is very small in spite of worries about the country's real-estate sector, the chief economist of the People's Bank of China said on Saturday. Ma Jun told a panel on the sidelines of the IMF and World Bank fall meetings in Washington that the property sector, which accounts for 20 percent of total...

  • WASHINGTON, Oct 10- Bank of Israel Governor Karnit Flug voiced openness on Friday to reducing interest rates further or using other unconventional policy tools to boost inflation back to the target range. She was speaking during the annual meetings of the International Monetary Fund and World Bank. Countries like Switzerland and the Czech Republic which...

  • 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...

  • *Venezuela may seek to annul World Bank tribunal's award. CARACAS, Oct 9- A World Bank arbitration tribunal on Thursday ordered Venezuela to pay Exxon Mobil Corp around $1.6 billion to compensate for the 2007 nationalization of its oil projects in the country. "The Tribunal has found that the expropriation was conducted in accordance with due process, that it was...

  • COLUMN-Old measures for New Mediocrity: James Saft Thursday, 9 Oct 2014 | 4:20 PM ET

    Oct 9- The IMF's "new mediocre" has the sound of a threat, but we may end by wishing it was a promise. The global economy is "looking into the face of what we have called the risk of a new mediocre" period in economic growth, "IMF managing director Christine Lagarde said on Thursday in Washington D.C. at the annual IMF and World Bank meetings. The IMF's advice relies heavily on...

  • World Bank launches public-private infrastructure plan Thursday, 9 Oct 2014 | 9:25 AM ET

    WASHINGTON, Oct 9- The World Bank on Thursday launched a new initiative that would bring together governments, development institutions and private investors to form public-private partnerships for infrastructure. "We have several trillions of dollars in assets represented today looking for long-term, sustainable and stable investments," World Bank...

  • *Greece denies reports that EU/IMF visit ends abruptly. They said the inspectors were expected to leave this week for an annual conference of the IMF and World Bank in Washington. They will return to Athens after European bank stress tests are announced, Greek officials said.

  • *World Bank cuts China 2014 growth forecast to 7.4 pct. *2015, 2016 forecasts for China, developing EAP also lowered. SINGAPORE, Oct 6- The World Bank cut its 2014-2016 growth forecasts for developing East Asia, noting that China was likely to slow due to policies aimed at putting the economy on a more sustainable footing, and it also cautioned of capital-flight...

  • *World Bank cuts China 2014 growth forecast to 7.4 pct. *2015, 2016 forecasts for China, developing EAP also lowered. SINGAPORE, Oct 6- The World Bank cut its 2014-2016 growth forecasts for developing East Asia and China, and cautioned of capital-flight risks to Indonesia while growth in China is seen slowing due to policy measures aimed at putting the economy on a...

  • WORLD BANK CUTS 2014 CHINA GROWTH FORECAST TO 7.4 PCT FROM 7.6 PCT PREVIOUSLY, 2015 FORECAST TO 7.2 PCT FROM 7.5 PCT.

  • WORLD BANK CUTS 2014 AND 2015 DEVELOPING EAST ASIA AND PACIFIC GROWTH FORECASTS TO 6.9 PCT FROM 7.1 PCT FOR BOTH YEARS.

  • WORLD BANK SAYS INDONESIA REMAINS RELATIVELY EXPOSED TO CAPITAL-FLOW REVERSALS DUE TO HIGH SHORT-TERM EXTERNAL FINANCING NEEDS.

  • WORLD BANK SAYS MAJOR NATIONWIDE HOUSE PRICE CORRECTION IN CHINA UNLIKELY.

  • With Europe flirting with deflation, Japan not far from recession and a slowing economy in China, the world's No. 2 economy, there are worries the recovery from the deep 2007-2009 crisis is losing traction. A copy of the draft, which was obtained by Reuters, praised the World Bank for its response to the Ebola outbreak that has killed more than 3,400 people in West...

  • With Europe flirting with deflation, Japan not far from recession and a slowing economy in China, the world's No. 2 economy, there are worries the recovery from the deep 2007-2009 crisis is losing traction. A copy of the draft, which was obtained by Reuters, praised the World Bank for its response to the Ebola outbreak that has killed more than 3,400 people in West...

  • KIEV, Oct 2- Ukraine's military conflict with pro-Russian separatists in the industrial east will force the Kiev government to shelve hopes of resuming economic growth until 2016, the World Bank said on Thursday. The international lender said Ukraine's economy was likely to shrink by 8 percent this year and contract further in 2015 because of the effect of...

  • KIEV, Oct 2- Ukraine's economy is likely to shrink by 8 percent this year and contract again next year because of the effect of the separatist war in the industrialised east, the World Bank said on Thursday. The bank had previously expected Ukraine's gross domestic product would contract by 5 percent this year and then grow 2.5 percent next year.

  • UKRAINIAN WORLD BANK CHIEF REPRESENTATIVE SEES UKRAINIAN ECONOMY SHRINKING BY 8 PCT IN 2014 VERSUS PREVIOUS OUTLOOK OF 5 PCT CONTRACTION.