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  • WRAPUP 1-G20 ready to aspire to faster global growth Saturday, 22 Feb 2014 | 9:13 PM ET

    SYDNEY, Feb 23- The world's top economies are on the verge of adopting a soft target of adding an extra 2 percentage points to global growth over five years at a meeting in Sydney, signalling optimism that the worst of crisis-era austerity was behind them.

  • SYDNEY, Feb 23- Finance officials of the world's 20 major economies discussed the impact of the Federal Reserve's withdrawal of stimulus on emerging markets and were united on the need to address problems of tax minimisation, Australian Treasurer Joe Hockey said on Sunday.

  • SYDNEY, Feb 22- Developing countries need to do more themselves to offset the impacts of the U.S. "For example, in the case of Indonesia, we can't put the blame only on tapering itself. Indonesia had already started its homework by adjusting oil prices and hiking interest rates, he said.

  • SYDNEY, Feb 22- Europe is in favour of setting an economic growth target for the world's 20 biggest developing and advanced economies, but only if they agree on bold reforms, the European Union's Economic and Monetary Affairs Commissioner Olli Rehn said.

  • G-20 mulls ambitious target for global growth Friday, 21 Feb 2014 | 10:47 PM ET
    Australian Treasurer Joe Hockey

    The world's top 20 economies may agree to set an ambitious target for faster global growth at a weekend meeting in Sydney.

  • SYDNEY, Feb 22- Germany's central bank chief said he sees limits on the degree of coordination possible among the world's major central banks and expressed scepticism about the Group of 20 economies setting specific growth targets.

  • SYDNEY, Feb 22- The world's top 20 economies may agree to set an ambitious target for faster global growth at a weekend meeting in Sydney, where major central banks are also being urged to coordinate policies to avoid "surprises" that could roil emerging markets.

  • WASHINGTON, Feb 21- The United States has assured Ukraine it will have "strong support" from Washington in seeking an IMF-backed economic program to stabilize the country's economy after months of crippling street violence, a State Department official said on Friday.

  • G20 draft communique pushes growth - Bloomberg Friday, 21 Feb 2014 | 4:45 AM ET

    SYDNEY, Feb 21- The Group of 20 will commit to concrete measures to significantly raise global growth while recognising the need for monetary policy in advanced economies to normalise, Bloomberg News reported on Friday, citing a draft communique.

  • U.S. backs G20 crackdown on global tax loopholes Friday, 21 Feb 2014 | 1:43 AM ET

    SYDNEY, Feb 21- The United States threw its weight behind a push to make global taxation reform a key goal for the Group of 20 advanced and emerging economies, supporting moves to close loopholes used by major multinationals to avoid tax.

  • *Lew urges efforts to boost domestic demand in China, Japan, Europe. As finance ministers and central bank chiefs from the Group of 20 developed and emerging gather ahead of a weekend meeting in Sydney, many are already talking at cross purposes. Treasury Secretary Jack Lew said at a financial conference in Sydney ahead of the ministerial meetings.

  • World risks era of slow growth, high unemployment-OECD Thursday, 20 Feb 2014 | 9:30 PM ET

    The report echoed Australia's attempt to push an agenda for growth as it hosts finance ministers and central bank chiefs from the Group of 20 major economies in Sydney this weekend.

  • Ksenia Yudaeva, first deputy governor of the Bank of Russia, told a conference in Sydney ahead of the weekend G20 meeting that more cooperation was needed between global central banks to help stabilise markets. Earlier this week, Russia's central bank warned that investors were likely to steer clear of emerging markets as the U.S.

  • BRUSSELS, Feb 20- The European Union agreed on Thursday to impose sanctions on those responsible for deadly violence in Ukraine and warned it would ratchet up the pressure if the situation there got worse.

  • UPDATE 2-EU hits Ukraine with sanctions, threatens more Thursday, 20 Feb 2014 | 2:25 PM ET

    BRUSSELS, Feb 20- The European Union agreed on Thursday to impose sanctions on those responsible for deadly violence in Ukraine and warned it would ratchet up the pressure if the situation there got worse.

  • MUMBAI, Feb 20- The Reserve Bank of India will need to continue raising its policy interest rate given the sticky nature of inflation, the International Monetary Fund said on Thursday. RBI Governor Raghuram Rajan, a former IMF chief economist, has raised the key repo rate by 75 basis points to 8.00 percent since becoming head of India's central bank in September.

  • *Ministerial mission to Ukraine could sway decision. BRUSSELS, Feb 20- The European Union was preparing on Thursday to impose sanctions on those responsible for deadly violence in Ukraine as well as to impose an arms embargo on the country, according to a draft ministerial statement obtained by Reuters.

  • BRUSSELS, Feb 20- The European Union, which just three months ago hoped for a historic new alliance with Ukraine, is likely to call on Thursday for sanctions on Ukrainian officials who ordered a crackdown that killed at least 26 protesters.

  • U.S. Treasury's Lew urges Ukraine to turn to IMF Wednesday, 19 Feb 2014 | 5:24 PM ET

    SAN FRANCISCO, Feb 19- The Ukraine's fundamental problem is that it suffers from an economic crisis and the country should ask the International Monetary Fund for help, U.S. Treasury Secretary Jack Lew said on Wednesday. "At the core they have an economic crisis and they are going to need to deal with it," Lew told a conference hosted by the World Affairs Council.

  • BRUSSELS, Feb 19- The European Union will on Thursday decide whether to impose financial and travel restrictions on Ukraine after the death of two dozen protesters in Kiev, even though diplomats have doubts about the effectiveness of sanctions.

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