WASHINGTON— The executive board of the International Monetary Fund expressed confidence Friday in IMF Managing Director Christine Lagarde after receiving a briefing on a French corruption probe in which Lagarde is being investigated.» Read More
IMF WARNS OF POTENTIAL RISK TO FINANCIAL STABILITY FROM LOW INTEREST RATES.
GROWTH AROUND 2 PCT FOR NEXT SEVERAL YEARS, BELOW HISTORIC AVERAGE; SEES ECONOMY REACHING FULL EMPLOYMENT ONLY BY END-2017.
IMF SEES RISK OF' SIGNIFICANT' MARKET VOLATILITY IN MONTHS AHEAD, EVEN IF U.S.
WASHINGTON, June 16- The International Monetary Fund cut its growth forecast for the United States on Monday and said the economy would not reach full employment until the end of 2017, allowing the Federal Reserve to bide its time before raising interest rates.
IMF SAYS IF INFLATION STAYS MUTED, FED COULD KEEP RATES NEAR ZERO LONGER THAN MID-2015.
IMF SEES' MEANINGFUL' REBOUND IN U.S.
MOSCOW, June 16- Russia sees "not insignificant" risks for gas transit to the European Union, the head of the country's gas monopoly Gazprom said on Monday, hours after Moscow halted deliveries to Kiev in the third such disruption over payments in a decade. "Regarding transit risks, they exist and they are not insignificant," Alexei Miller told a news conference.
CEO OF RUSSIA'S GAZPROM SEES SOME, "NOT INSIGNIFICANT" RISKS FOR GAS TRANSIT TO EUROPEAN UNION.
*Sunni Islamists solidify grip on northern Iraq. LONDON, June 16- Brent crude rose towards $113 a barrel on Monday after a strong rally last week, as Sunni insurgents advanced in Iraq, intensifying concerns over a potential disruption to oil exports from the second-largest OPEC producer.
VIENNA, June 16- European Energy Commissioner Guenther Oettinger said on Monday that Ukraine intended to fill its gas transit commitments to the European Union and he was also confident Russia would meet its gas supply pledges to the EU.
*Sunni Islamists solidify grip on northern Iraq. SINGAPORE, June 16- Brent crude rose to a near nine-month high above $113 per barrel on Monday as Sunni insurgents advanced in Iraq, intensifying concerns over a potential disruption to oil exports from the second-largest OPEC producer.
*Sunni Islamists solidify grip on northern Iraq. SINGAPORE, June 16- Brent crude rose above $113 per barrel to near a nine-month high on Monday as Sunni insurgents advanced in Iraq, intensifies concerns over a potential disruption to oil exports from the second-largest OPEC producer.
SEOUL, June 16- U.S. crude oil futures rose to a near nine-month high above $107 a barrel on Monday in Asian trade as an insurgency in Iraq intensifies concerns over a potential disruption to oil exports from the second-largest OPEC producer. On Friday, it rose as high as $107.68 before settling up 38 cents at $106.91 per barrel, the highest level since Sept. 18.
ZURICH, June 15- The United Nations is exploring the possibility of member states and private sector companies sponsoring the refurbishment of its European headquarters, the Palais des Nations in Geneva. Food group Nestle could be one of the companies involved, the head of the UN's Geneva office was quoted as saying in a newspaper interview.
WASHINGTON- International Monetary Fund releases its annual review of the U.S. economy- 1330 GMT. SANTANDER, Spain- Seminar on "The Europe left by the crisis". Speakers:- European Commission President Jose Manuel Durao Barroso, Spain's Economy Minister Luis de Guindos and Bank of Spain Deputy Governor Fernando Restoy.
*IEA plays down risk of sudden Iraq export hit. NEW YORK, June 13- Oil prices rose to new nine-month highs on Friday as concerns persisted that an insurgency in Iraq could disrupt oil exports from the second-largest OPEC producer.
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.
*China launches anti-dumping probe into dialysis kit makers. SHANGHAI, June 13- China on Friday launched an anti-dumping investigation into makers of blood dialysis equipment in the European Union and Japan, including market leader Fresenius Medical Care AG& Co KGaA, challenging the international firms who currently dominate the global and Chinese markets.
*IEA warns of need for more OPEC oil. *OPEC says oil markets will be balanced with ample supply. LONDON, June 13- Brent crude oil hit a nine-month high near $115 a barrel on Friday as the United States threatened military action against Islamist militants who have taken towns and cities in Iraq, raising concerns over its oil exports.