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  • UN climate report balances science and politics Saturday, 12 Apr 2014 | 5:54 AM ET

    As always when the Intergovernmental Panel on Climate Change adopts one of its high-profile reports, the week-long talks in Berlin were slowed by wrangling between scientists and governments over which words, charts and tables to use in the roughly 30- page summary of a much bigger scientific report.

  • FACTBOX-IMF quotas changes proposed under reform Friday, 11 Apr 2014 | 7:38 PM ET

    April 11- Global finance officials are agitated that the United States has not ratified reforms to the structure of the International Monetary Fund aimed at giving emerging economy nations a greater voice in the global lender.

  • WASHINGTON, April 11- Finance chiefs from around the globe on Friday gave the United States until year-end to ratify long-delayed reforms to the International Monetary Fund and threatened to move forward without it if it fails to do so.

  • State funeral for longtime Canada finance minister Friday, 11 Apr 2014 | 4:23 PM ET

    TORONTO— Canada's prime minister has announced a state funeral for former longtime finance minister Jim Flaherty. He spent eight years in the role, the longest-serving finance minister among the Group of Seven leading industrial economies. Prime Minister Stephen Harper's office said the funeral will take place Wednesday in Toronto.

  • WASHINGTON, April 11- The leaders of the International Monetary Fund, World Bank and United Nations on Friday called upon finance ministers to use fiscal policies, such as carbon taxes, to combat climate change. IMF Managing Director Christine Lagarde and World Bank President Jim Yong Kim were joined by U.N.

  • WASHINGTON, April 11- IMF member nations trust the United States will eventually back reforms to give emerging economies more power at the global lender, the chair of the International Monetary Fund's steering committee said on Friday.

  • "We are monitoring the economic situation in Ukraine, mindful of any risk to economic and financial stability, and welcome the IMF's recent engagement with Ukraine as the authorities work to undertake meaningful reforms," the G20 said during the IMF-World Bank spring meetings in Washington.

  • WASHINGTON, April 11- The world's top economies are monitoring the economic situation in Ukraine for any fallout that may pose risks to economic and financial stability, according to a draft communique by the Group of 20 finance ministers and central bankers.

  • WASHINGTON, April 11- The world's top economies are monitoring the economic situation in Ukraine "for any risks to economic and financial stability," according to a draft of the communique by the Group 20 finance ministers and central bankers.

  • LONDON, April 11- Taxes on wages rose across industrialised countries last year, as governments sought to reduce budget deficits blown out by efforts to tackle years of economic weakness following the financial crash.

  • UN panel shows who's responsible for CO2 emissions Friday, 11 Apr 2014 | 10:19 AM ET

    Since it's a scientific body, the Intergovernmental Panel on Climate Change won't tell governments how to divide those emissions cuts— a crunch issue in negotiations on a new climate pact that's supposed to be adopted next year. The U.S. is No. 2 with 17 percent, followed by India, Russia and Japan.

  • WASHINGTON, April 11- Russian Finance Minister Anton Siluanov said on Friday any oil-for-goods deal between Moscow and Iran would follow United Nations rules on sanctions, not U.S. rules.

  • WASHINGTON, April 11- Greece is likely to need further financing help from the euro zone over the next two years despite its successful return to bond markets this week, the head of the International Monetary Find's European department, Reza Moghadam, said on Friday. "The financing needs for the next two years remain very large.

  • WASHINGTON, April 11- The International Monetary Fund is able to lend to Ukraine because the country's debt is sustainable, the head of the IMF's European department, Reza Moghadam, said on Friday. "Debt in Ukraine is sustainable," Reza Moghadam said in a news conference during the IMF and World Bank spring 2014 meetings.

  • PARIS, April 11- Global supply and demand for crude oil should continue to be fairly balanced this year, the secretary general of OPEC said, signalling the group is likely to leave its existing output ceiling in place at its June meeting.

  • U.S. and China appeal WTO rulings Friday, 11 Apr 2014 | 5:51 AM ET

    GENEVA, April 11- The United States and China have both appealed against recent rulings in disputes at the World Trade Organization, filings published by the WTO showed on Friday.

  • *Lowers non- OPEC supply view in 2014 by 250,000 bpd. LONDON, April 11- World oil demand will rise less than previously thought in 2014, the International Energy Agency said on Friday, due to a lower outlook for Russia's economic growth following its annexation of Crimea.

  • LONDON, April 11- Taxes on wages rose across industrialised countries last year, as governments sought to reduce budget deficits blown out by efforts to tackle years of economic weakness following the financial crash.

  • WASHINGTON- RUSSIAN FINMIN SAYS EMERGING MARKETS MAY SEEK CHANGES TO IMF'S EMERGENCY BORROWING MECHANISM IF U.S.

  • WASHINGTON, April 11- Russian Finance Minister Anton Siluanov said on Friday any oil-for-goods deal between Moscow and Iran would follow United Nations rules on sanctions, not U.S. rules. Siluanov would not say whether a deal had been sealed with Iran.

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