International Organizations


  • 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, 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.

  • Russia says ready to work with IMF, EU to help Ukraine Friday, 11 Apr 2014 | 12:46 AM ET

    Secretary Jack Lew on Thursday that Moscow was concerned about Ukraine's unpaid debt for supplies of natural gas, but was ready to work with international partners on financial aid for Kiev.

  • *OPEC cautious on economy, sees lower demand for its oil. SINGAPORE, April 11- Brent futures eased towards $107 a barrel on Friday as the global supply outlook improved with more Libyan supplies expected to reach the market, although growing tension between the West and Russia over Ukraine put a floor under prices.

  • WASHINGTON, April 10- Ukraine Finance Minister Oleksander Shlapak said on Thursday that Kiev has fulfilled all conditions to receive the first portion of the financial aid package from the International Monetary Fund.

  • WASHINGTON, April 10- Ukraine Finance Mnister Oleksander Shlapak said on Thursday that Kiev has fulfilled all conditions to receive the first portion of the financial aid package from the International Monetary Fund.

  • DIARY - Top Economic Events to April 23 Thursday, 10 Apr 2014 | 8:01 PM ET

    TORONTO- Ontario Finance Minister Charles Sousa speaks at the Intercontinental Hotel in Toronto- 1600 GMT. WASHINGTON- German Finance Minister Schaeuble speaks at Center on Foreign Relations in Washington- 1715 GMT. WASHINGTON- 2014 Spring Meetings of the International Monetary Fund and the World Bank Group.

  • Osborne touts UK recovery on return to sceptical IMF Thursday, 10 Apr 2014 | 8:01 PM ET

    LONDON, April 11- Finance minister George Osborne held up Britain's recent strong pace of economic growth as vindication of his austerity programme that came under fire from the International Monetary Fund last year.

  • G7 ministers say talked about Ukraine's financing needs Thursday, 10 Apr 2014 | 6:46 PM ET

    WASHINGTON, April 10- Top finance officials from the Group of Seven developed nations said they discussed Ukraine's financing needs and the international response at an informal meeting on Thursday. "This included a discussion of the situation in Ukraine, its financing needs and the international response."

  • *Libya oil guards take control of Hariga port, Zueitina pending. *OPEC sees lower demand for its crude in 2014. NEW YORK, April 10- Global crude oil drifted modestly lower on Thursday, pressured by weaker economic data from China as well as the prospect of a rebound in oil exports from Libya.

  • Longtime Canadian finance minister dies Thursday, 10 Apr 2014 | 2:53 PM ET

    TORONTO— Former Canadian finance minister Jim Flaherty, a fixture on the world financial stage who stepped down just three weeks ago, has died. The House of Commons in Ottawa abruptly suspended business as word of his death circulated and the finance ministers of the G-20 paid tribute to Flaherty at the start of their meetings in Washington on Thursday.

  • "We just did one earlier this year, and as you know, the Philippines is always opportunistic and when market opportunity is there, we will do one," Finance Secretary Cesar Purisima told reporters on the sidelines of the IMF/World Bank meetings in Washington.

  • UPDATE 1-IMF tells world to do more on growth 'marathon' Thursday, 10 Apr 2014 | 12:10 PM ET

    WASHINGTON, April 10- The International Monetary Fund on Thursday urged nations around the world to move ahead more quickly on policies needed to secure a stronger recovery and avoid a prolonged global slump.

  • India cbank's Rajan urges global crisis 'safety net' Thursday, 10 Apr 2014 | 11:35 AM ET

    MUMBAI, April 10- India's central bank Governor, Raghuram Rajan, on Thursday proposed the creation of a global "safety net" administered by a multilateral body such as the International Monetary Fund that could provide funds for countries in case of economic emergency.

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