International Organizations
More
-
RIGA, March 4- Latvia decided on Monday to apply to adopt the euro next year despite three years of crisis in Europe's currency zone, in a move that will distance it further from former master Russia. Worries about the euro zone have flared up again after Italy's inconclusive election but Latvia asked Europe to assess its readiness for the euro.
-
CAIRO, March 3- The United States said on Sunday it would give Egypt $190 million in budget aid after Egyptian President Mohamed Mursi promised to take the painful economic reforms needed to secure an IMF loan.
-
CAIRO, March 3- The United States will release $190 million in budget aid to Egypt following an assurance from President Mohamed Mursi that he plans to "complete the IMF process", U.S. Cairo says it wants to reopen talks with the IMF on a $4.8 billion loan which was agreed in principle last November but suspended at Cairo's request following street unrest.
-
Officials from the European Union and the International Monetary Fund return to Athens on Sunday to assess Greece's performance under a bailout plan.
-
*Egypt needs to cut energy subsidies- senior U.S. official. CAIRO, March 2- Egypt's need to get the economy back on its feet is paramount and urgent, and the government should strike a loan deal with the IMF, U.S.
-
*Egypt needs to cut energy subsidies- senior U.S. official. Secretary of State John Kerry will stress the importance of Egypt reaching an IMF loan agreement and the need for political consensus on painful economic reforms, a senior U.S. official said on Saturday.
-
Secretary of State John Kerry plans to stress the importance of Egypt reaching an IMF agreement and achieving political consensus for painful economic reforms, a U.S. official said on Saturday.
-
CAIRO, March 2- Egypt's need to reach a loan deal with the IMF is "paramount", U.S. Kerry also said he was certain that U.S. cooperation with Egypt can only happen if Cairo makes the right fundamental choices regarding the International Monetary Fund.
-
*OPEC crude exports rose in Feb- Reuters survey. NEW YORK, March 1- Brent crude prices fell to a six-week low below $110 per barrel on Friday, erasing all gains so far in 2013 as political gridlock in Washington was set to trigger automatic U.S. budget cuts.
-
LONDON, March 1- OPEC crude oil output rose in February, the first monthly increase since October, due to higher exports from Iraq and a slight increase in supply from top exporter Saudi Arabia, a Reuters survey found on Friday.
-
NEW YORK, March 1- U.S. The International Monetary Fund said Thursday it was likely to shave its 2013 forecast of 2 percent growth for the United States by at least half a percentage point if the cuts are fully implemented. "
-
Bankers working on Wall Street for European banks could have their bonuses capped under new rules agreed by the European Parliament this week. U.S. banks operating in Europe will also be affected.
-
LONDON, March 1- OPEC crude oil output rose in February, the first monthly increase since October, due to higher exports from Iraq and a slight increase in supply from top exporter Saudi Arabia, a Reuters survey found on Friday.
-
*Journalist Woodward scraps with White House over issue. WASHINGTON, Feb 28- A day before sweeping budget cuts begin, the White House and Republicans blamed each other on Thursday for failure to prevent a fiscal crisis which the International Monetary Fund warned could slow the U.S. and world economies.
-
*Journalist Woodward scraps with White House over issue. WASHINGTON, Feb 28- A day before sweeping budget cuts begin, the White House and Republicans blamed each other on Thursday for failure to prevent a fiscal crisis which the International Monetary Fund warned could slow the U.S. and world economies.
-
WASHINGTON, Feb 28- The International Monetary Fund said Thursday it will likely cut its growth forecasts for the United States and the global economy if automatic U.S. spending cuts take effect on Friday, and warned that the U.S.' s biggest trading partners would be hardest hit.
-
*Youth unemployment in Spain and Greece a serious threat. BRUSSELS, Feb 28- The worst of Europe's sovereign debt crisis may be over in terms of financial turmoil but the region now faces a social crisis that has potential to tear the European Union and its single currency project apart.
-
WASHINGTON, Feb 28- The International Monetary Fund warned on Thursday it will likely cut its growth forecasts for the United States and the global economy if automatic U.S. spending cuts take effect on Friday.
-
BRUSSELS, Feb 28- Britain should welcome a cap on bankers' bonuses agreed by European Union lawmakers on Thursday as a fair response to taxpayers' anger over the huge cost of rescuing imprudent banks, Europe's top financial regulator said.
-
BRUSSELS, Feb 28- Bankers in Europe face a cap on bonuses as early as the start of next year, following agreement in Brussels on Thursday to introduce what would be the world's strictest pay curbs. *The rules will apply to all bankers based in the European Union, and to staff of European banks located abroad.