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  • ACCRA, Nov 21- The International Monetary Fund said on Friday it had made significant progress in a third round of talks with Ghana on a financial assistance programme aimed at restoring the country's fiscal balance. The Fund said it would carry on working with Ghana on array of measures, and would then agree an assistance programme. "Once this work is completed, a...

  • *Market beginning to expect OPEC cut, analysts say. LONDON, Nov 21- Brent crude oil rose above $80 a barrel on Friday after China cut interest rates and on speculation that OPEC could agree next week to reduce oil production. The rate cut added to a positive mood among oil traders, many of whom expected an agreement by the Organization of the Petroleum Exporting...

  • ACCRA, Nov 21- The International Monetary Fund said on Friday it made significant progress in a third round of talks with Ghana on a financial assistance program aimed at restoring the country's fiscal balance.

  • *Market beginning to expect OPEC cut, analysts say. LONDON, Nov 21- Brent crude oil rose more than $2 to above $81 a barrel on Friday after China cut interest rates and on speculation that OPEC could agree next week to reduce oil production. The rate cut added to a positive mood among oil traders, many of whom expected an agreement by the Organization of the Petroleum...

  • BRUSSELS, Nov 21- The dispute between Britain and Spain over Gibraltar threatens to hold up European Union plans to merge national air corridors, diplomats say. But a wrangle over the sovereignty of the isthmus that connects the British territory of Gibraltar to Spain could delay a deal even if all other issues are agreed upon, EU diplomats said.

  • *Libya and Ecuador also call for lower OPEC output. *Market beginning to expect OPEC cut, analysts say. LONDON, Nov 21- Brent crude oil rose to near $81 a barrel on Friday after China cut interest rates and on speculation that OPEC could agree next week to reduce oil production.

  • *Novak, Rosneft's Sechin to fly to Vienna before OPEC meeting. Before OPEC meets next week, Russia has already spoken to members Venezuela and Saudi Arabia about the need to support the oil market, and Moscow expects to send a high-ranking delegation to Vienna before the meeting to press the message on prices. A price of at least $100 a barrel is needed to balance the...

  • *Libya and Ecuador also call for lower OPEC output. *Market beginning to expect OPEC cut, analysts say. LONDON, Nov 21- Brent crude oil rose above $80 a barrel on Friday after China cut interest rates and on speculation OPEC could agree next week to reduce oil production.

  • BRUSSELS, Nov 21- A plan giving Brussels new powers to fight unfair Chinese exports "is dead", Italy said on Friday, with the European Union ideologically split over how to deal with countries that dump cheap goods in Europe. Countries such as France say Europe must defend its industries, while free-trade advocates like Sweden see the rules as protectionism.

  • *Libya and Ecuador also call for lower OPEC output. LONDON, Nov 21- Brent crude oil rose towards $80 a barrel on Friday on speculation OPEC could agree output cuts at a meeting next week, with strong U.S. economic data also bolstering prices. Libya and Ecuador have also called for OPEC to cut output.

  • SINGAPORE, Nov 21- Brent briefly rose to $80 a barrel on Friday on speculation OPEC could agree to output cuts at its meeting next week, with strong U.S. economic data also bolstering oil prices. Libya, Ecuador and Venezuela earlier called for OPEC to cut production. Iran urged fellow OPEC members to shore up oil prices while saying a reduction in output was unlikely.

  • SINGAPORE, Nov 21- Brent briefly touched $80 a barrel on Friday on speculation OPEC could agree to output cuts at its meeting next week, with strong U.S. economic data also bolstering oil prices. Libya, Ecuador and Venezuela earlier called for OPEC to cut production. Iran urged fellow OPEC members to shore up oil prices while saying a reduction in output was...

  • NEW YORK/ SINGAPORE, Nov 20- Ukraine slashed its gold reserves by more than a third in October, data from the International Monetary Fund showed, as the near-bankrupt country reels from fighting a pro-Russian separatist movement in the east. Ukraine ended last month with 26 tonnes of gold, down by 14 tonnes from September, while Russia added another 18.9 tonnes,...

  • NEW YORK, Nov 20- Ukraine slashed its gold reserves by more than a third in October, while Russia increased its reserves for a seventh straight month, according to International Monetary Fund data released on Thursday. Ukraine ended last month with 26 tonnes of gold, down by 14 tonnes from September, while Russia, which has one of the world's largest bullion...

  • NEW YORK, Nov 20- Ukraine slashed its gold reserves by more than a third in October, while Russia increased its reserves for a sixth straight month, according to International Monetary Fund data released on Thursday. Ukraine ended last month with 26 tonnes of gold, down by 14 tonnes from September, while Russia, which has one of the world's largest bullion reserves,...

  • CARACAS, Nov 20- Venezuela would be willing to cut its own oil production if OPEC decides to limit output when it meets on Nov. 27, Foreign Minister Rafael Ramirez said on Thursday. Ramirez, who serves as Venezuela's representative to the group, just returned from a trip to OPEC and non- OPEC countries Mexico, Iran, Algeria, Qatar, and Russia to shore up support.

  • AMARI, Estonia/ LONDON, Nov 20- NATO warplanes have had to scramble 400 times this year in response to an increase in Russian air activity around Europe not seen since the Cold War, the alliance's chief said on Thursday. "This pattern is risky and unjustified, so NATO remains vigilant. "From a NATO perspective, we are going about our legitimate business in...

  • *Speculation of potential OPEC output cut on Nov. 27. NEW YORK, Nov 20- Oil rose on Thursday after three straight days of losses as strong U.S. economic data bolstered crude markets but focus remained on whether OPEC will cut enough output to end a five-month long selloff when it meets next week. On the OPEC front, chances have risen in recent days that the Organization...

  • The rouble was also supported by a firming oil price, with Brent crude gaining to $78.8 per barrel as markets weighed the possibility of OPEC cutting production at a key meeting on Nov. 27. "If OPEC takes a decision to reduce volumes this will have a notable impact on the rouble, but for the time being it will probably trade sideways," Grand Capital analyst Sergei...

  • *PM says Serbia to provide "normal life" to its citizens. BELGRADE, Nov 20- Serbia agreed a three-year precautionary loan deal with the International Monetary Fund on Thursday worth around 1 billion euros, ending months of uncertainty that had weighed on the dinar currency. Serbian Finance Minister Dusan Vujovic said he expected it to enter into force from Jan. 1.