International Organizations
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BRUSSELS, May 18- Critics ridiculed European Union bureaucrats on Saturday for taking time off fighting the euro zone's debt crisis to impose strict new rules on how restaurants serve olive oil. "If the European Union was logical and properly run, people wouldn't be so anti- Europe.
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CAIRO, April 11- Egypt has made progress in talks with the International Monetary Fund on a $4.8 billion loan and will continue negotiations next week, Finance Minister Al-Mursi al-Sayed Hejazy said on Thursday.
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*Latin America must not fall into bad financial habits. MEXICO CITY, April 11- Aggressive monetary easing in Japan will probably not swamp Latin America with excess capital, but much depends on when the U.S.
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The International Energy Agency cut its 2013 global oil demand growth forecast on Thursday, following similar moves earlier this week by the U.S. Energy Information Administration and the Organization of the Petroleum Exporting Countries.
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*OPEC, EIA cut demand forecasts, IEA report awaited. CHENNAI, India, April 11- Brent futures edged further below $106 per barrel on Thursday as key forecasters trimmed their outlooks for global oil demand growth, while an inventory buildup in top consumer the United States also hurt prices.
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*OPEC, EIA cut demand forecasts, IEA report awaited. CHENNAI, India, April 11- Brent futures edged further below $106 per barrel on Thursday as key forecasters trimmed their outlook for global oil demand growth, while an inventory buildup in top consumer the United States also hurt prices.
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*OPEC, EIA cut demand forecasts, IEA report awaited. CHENNAI, India, April 11- Brent futures edged further below $106 per barrel on Thursday as key forecasters trimmed their outlook for global oil demand growth, while an inventory buildup in top consumer the United States also hurt prices.
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SEOUL, April 11- U.S. crude futures slipped toward $94 per barrel on Thursday, snapping three straight sessions of gains, as inventories in top consumer the United States hit the third highest level on record and OPEC lowered its global oil demand growth outlook.
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WASHINGTON, April 10- President Barack Obama asked Congress again on Wednesday to permanently boost U.S. funding to the International Monetary Fund, a measure that would increase the clout of China and other big emerging economies at the institution.
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*Qatar to buy $3 bn in Egyptian bonds, Libya to lend $2 bn. DOHA/ CAIRO, April 10- Arab allies Qatar and Libya gave cash-strapped Egypt a $5 billion double boost on Wednesday as the Arab world's most populous nation struggles to secure an IMF loan to ease its deepening economic crisis.
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*OPEC echoes U.S. in lowering oil demand forecast. NEW YORK, April 10- Brent crude oil prices fell on Wednesday, dragged down by a steep sell-off in U.S. gasoline futures after a U.S. government report showed an unexpected build in domestic gasoline inventories.
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*OPEC echoes U.S. in lowering oil demand forecast. *China oil imports up in March vs February. U.S. crude oil inventories rose by 250,000 barrels to reach the third-highest level on record for the week ending April 5, according to data released by the U.S. Energy Information Administration.
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*OPEC joins U.S. in lowering oil demand growth view. *China oil imports up in March vs February. The U.S. government's inventory data arrived after OPEC on Wednesday trimmed its forecast for global demand growth, echoing similarly low demand expectations cited earlier this week by the U.S. Energy Information Administration in its monthly outlook. "
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BRUSSELS, April 10- The European Commission on Wednesday published the results of an in-depth review of 13 EU countries identified last year as showing signs of macroeconomic imbalance in areas such as debt management, banking sector reform and labor markets. BELGIUM- Belgium continues to suffer from a loss of export market share.
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*OPEC joins U.S. in lowering oil demand growth view. The U.S. government's inventory data arrived after OPEC on Wednesday trimmed its forecast for global demand growth, echoing lower expectations about demand released earlier this week by the U.S. Energy Information Administration. "
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NEW YORK, April 10- Global growth is likely to remain tepid this year and central banks should keep their easy monetary policy in place, the head of the International Monetary Fund said on Wednesday.
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*OPEC joins U.S. in lowering oil demand growth view. Brent crude futures slid 80 cents to $105.43 a barrel by 1448 GMT, while U.S. crude fell 46 cents to $93.74.
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*Saudi Arabia tells OPEC its output in March was flat. *OPEC pumping just 190,000 bpd above official target. LONDON, April 10- OPEC on Wednesday trimmed its forecast for global growth in oil demand in 2013, becoming the second of the world's closely watched oil forecasters this week to predict weaker consumption.
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GENEVA, April 10- The World Trade Organization slashed its forecast for trade growth in 2013 on Wednesday, saying it feared protectionism was on the increase.
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GENEVA, April 10- The World Trade Organization slashed its forecast for global trade growth in 2013 to 3.3 percent from 4.5 percent on Wednesday and said 2012 saw only a 2.0 percent increase, the smallest annual rise since records began in 1981..
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PARIS, March 10- Embargo 1000 GMT! The Paris- based think tank's composite leading indicator shows growth firming in Japan and picking up in China while the outlook is improving for Italy and France is stabilising.