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  • NEW YORK, Jan 21- The dollar strengthened on Tuesday in tandem with U.S. Developed market currencies were given a boost after the International Monetary Fund raised its global economic growth forecast to 3.7 percent in 2014 from 3.6 percent in October, its first increase in estimates in near two years.

  • *IMF bumps up its 2014 growth projections. WASHINGTON, Jan 21- The International Monetary Fund raised its global growth forecast for the first time in nearly two years on Tuesday, saying fading economic headwinds should permit advanced nations to pick up the mantle of growth from emerging markets.

  • IMF does not expect Fed to withdraw stimulus too early Tuesday, 21 Jan 2014 | 9:58 AM ET

    WASHINGTON, Jan 21- The IMF's chief economist said on Tuesday he does not expect the U.S. Federal Reserve to withdraw its massive monetary stimulus too early.

  • IMF sees higher global growth, warns of low inflation Tuesday, 21 Jan 2014 | 9:30 AM ET

    WASHINGTON, Jan 21- The International Monetary Fund raised its global growth forecasts for the first time in nearly two years on Tuesday amid rising demand and inventories in advanced economies, which picked up the mantle of growth from emerging markets.

  • *Call on OPEC increased by 200,000 bpd for 2014. LONDON, Jan 21- Global oil demand will increase more quickly this year as economic growth accelerates, outstripping supply even as shale oil production in the United States reaches record highs, the West's energy watchdog said on Tuesday.

  • Jan 20- The European Union will publish new long-term goals on Wednesday for curbing climate change, marking the start of a long process to fix them in EU law. Apart from providing guidance for EU member states and their industries, the targets are significant in the context of global climate change talks, which Europe has sought to lead.

  • *European Commission to announce new climate targets on Jan. 22. BRUSSELS, Jan 20- Seven years after it set some of the world's most stringent environmental targets, the European Union is about to revise its long-term goals to take more account of industry and changed economic circumstances.

  • LONDON, Jan 17- In recent weeks Russia has stepped up supplies of military gear to Syria, including armoured vehicles, drones and guided bombs, boosting President Bashar al-Assad just as rebel infighting has weakened the insurgency against him, sources with knowledge of the deliveries say.

  • UK to review accounting changes after EU deal Friday, 17 Jan 2014 | 11:22 AM ET

    LONDON, Jan 17- Britain's competition watchdog will review changes it has ordered to prise open an accounting sector dominated by four big players after the European Union agreed a tougher set of reforms.

  • LONDON, Jan 17- In recent weeks Russia has stepped up supplies of military gear to Syria, including armoured vehicles, drones and guided bombs, boosting President Bashar al-Assad just as rebel infighting has weakened the insurgency against him, sources with knowledge of the deliveries say.

  • *Iran expects OPEC members to cut oil output. LONDON, Jan 17- Brent crude oil reversed early losses on Friday after touching a two-month low near $105 a barrel, but remained on course to finish down for the week as traders assessed the likelihood of a sustained recovery in supply from Libya.

  • *Iran expects OPEC members to cut oil output. SINGAPORE, Jan 17- Brent crude slipped toward $105 a barrel on Friday as concerns over a rise in supply from Libya and Iran dragged on prices, although an OPEC production cut checked losses.

  • *Iran expects OPEC members to cut oil output to fit it in. SINGAPORE, Jan 17- Brent crude slipped toward $105 a barrel on Friday as concerns over a rise in supply from Libya and Iran dragged on prices, although an OPEC production cut checked losses.

  • *U.S. crude for February delivery was up 12 cents at $94.08 a barrel by 0009 GMT, putting the contract on course for a weekly gain of 1.5 percent. *OPEC has lowered its oil output further and is pumping less than this year's global demand for its crude, the exporter group said on Thursday, underlining the toll that outages in Libya and elsewhere are taking on production.

  • *OPEC says it will lower oil output. NEW YORK, Jan 16- Crude oil futures ended slightly lower in thin trade on Thursday as expectations of more supply from the Middle East and North Africa weighed against news of lower oil output from OPEC. Brent largely held steady between an expected increase in supply from Libya and Iran and OPEC cuts.

  • *OPEC says it will lower oil output. NEW YORK, Jan 16- Brent oil was steady in thin, choppy trade on Thursday as expectations of more supply from the Middle East and North Africa outweighed news of lower oil output from OPEC.

  • *Libya, Iraq contribute to lower OPEC supply in December. LONDON, Jan 16- OPEC has lowered its oil output further and is pumping less than this year's global need for its crude, the exporter group said on Thursday, underlining the toll that outages in Libya and elsewhere are taking on production.

  • *ECB says one-off adjustment in Germany behind the move. BRUSSELS, Jan 16- Euro zone inflation slowed in December, the European Union's statistics office confirmed on Thursday, in what the European Central Bank attributed last week to a one-off change in the method of calculating price growth in Germany.

  • NEW YORK, Jan 15- Institutional investors managing trillions of dollars should shift their portfolios away from fossil fuel investments toward cleaner energy sources to put a stop to the dangerous rise in global temperatures causing climate change, the United Nations' climate chief said on Wednesday.

  • The remarks by Chinese Foreign Ministry spokesman Hong Lei were an indirect criticism of the United States, the biggest and most powerful IMF member, where lawmakers failed on Monday to agree on funding measures needed for the reforms to move forward, though Hong did not mention the United States by name.

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