SEOUL, April 18- South Korea came under fresh pressure on Friday to let the won rise faster, when the International Monetary Fund said it was carrying an abnormally big current account surplus and that more dollar purchases would do more harm than good.» Read More
PARIS, April 13- Chinese economic growth data this week will offer the clearest indication yet of whether the world's second-largest economy will dodge a "hard landing". The International Monetary Fund warned last week on the risk of a "hard landing" in China.
*NATO alarmed by well organised armed men in east Ukraine. SLAVIANSK, Ukraine, April 13- Ukrainian security forces launched an operation on Sunday to clear pro-Russian separatists from state buildings in the eastern city of Slaviansk, with dead reported on both sides as Kiev combatted what it calls an act of aggression by Moscow.
Reforms to the International Monetary Fund have hit a deadlock despite a declaration from global financial chiefs
*G20 gives U.S. until year-end to ratify reforms to the Fund. WASHINGTON, April 13- Reforms to the International Monetary Fund have hit a deadlock despite a declaration from global financial chiefs that they would move forward without the United States if it fails to ratify the changes by year-end, a G20 official said on Sunday.
*France looking to expand business ties to Latin America. HAVANA, April 12- France's foreign minister met with Cuban President Raul Castro on Saturday during the first visit to the island by such a high-ranking French official in 31 years and a sign of the quickening pace of improving ties between the European Union and Havana.
WASHINGTON, April 12- A senior Chinese official hit back on Saturday at International Monetary Fund warnings that China's economy faced the danger of a hard landing due to poor asset quality, saying the government was taking action to deal with financial risk.
Both the World Bank and International Monetary Fund expect slower growth in the region this year than last year in the face of weaker Chinese growth slowing demand for commodities and tighter financial conditions as some central banks wind down stimulus.
WASHINGTON, April 12- China said on Saturday it backed IMF financial support for Ukraine, but expressed concern about the global lender's funding capacity given the failure of the U.S. Congress to ratify a program of reforms for the institution.
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.
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.
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.
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.