GO
Loading...

International Organizations

More

  • SAUDI OIL MINISTER: NON-COOPERATION OF OIL PRODUCERS OUTSIDE OPEC, AND SPECULATORS, LED TO PRICE SLIDE.

  • IRAQ OIL MIN SAYS WILL HAVE TO WAIT AND SEE WHETHER OPEC MADE THE RIGHT DECISION.

  • ABU DHABI- IRAQ OIL MINISTER SAYS SEES NO NEED FOR EMERGENCY OPEC MEETING.

  • ABU DHABI, Dec 21- One of the biggest reasons for the slide of oil prices is the "irresponsible" supply from producers outside OPEC, the United Arab Emirates oil minister said in a speech on Sunday. One of the big reasons is the irresponsible production of some producers from outside OPEC. " Mazroui also said the recent decision of OPEC not to cut its production was...

  • TRIPOLI, Dec 20- Libya's internationally recognised government aims to set up a new payment system to receive oil revenues, bypassing the central bank based in Tripoli, the capital city that is no longer under its control, its top oil official said on Saturday. The OPEC oil producer has had two parallel governments and parliaments since August when a group called...

  • U.S. dismisses new EU claims on Boeing tax breaks Friday, 19 Dec 2014 | 2:50 PM ET

    WASHINGTON, Dec 19- A new European complaint about tax breaks for aircraft manufacturer Boeing "lack any foundation," and show the European Union is not serious about resolving the long-running dispute, a senior official from the U.S. Trade Representative's office said on Friday. "Based on the request filed today, we think the EU's new claims lack any foundation,"...

  • The International Monetary Fund said it had productive talks with Ukraine officials this week, but the two parties failed to reach an agreement that would pave the way for Kiev to receive its next bailout tranche next month. Ukraine could default on its debt obligations if the situation does not change in the next few months, S&P said on Friday.

  • WASHINGTON, Dec 19- The International Monetary Fund said Friday it had productive discussions with officials in Ukraine this week, but failed to reach an agreement that would pave the way for Kiev to receive its next bailout tranche next month. Ukraine so far has received two tranches under the IMF program, worth a total of $4.6 billion. The European Union said on...

  • BRUSSELS, Dec 19- European Union leaders warned Moscow they are ready to flex their combined muscle and "stay the course" in a long confrontation with Russia if President Vladimir Putin refuses to pull back from Ukraine. In comments that were part warning to Russia, where falling oil prices and Western trade sanctions have brought financial havoc, and part...

  • WASHINGTON, Dec 19- The International Monetary Fund said on Friday it had productive discussions with officials in Ukraine this week, and planned to return to Kiev for further talks in January. "We found that the Ukrainian authorities are preparing to move decisively on a broad and comprehensive agenda to stabilize and reform the economy, while coping with the...

  • PUTIN SAYS RUSSIA'S MILITARY DOCTRINE REMAINS PURELY DEFENSIVE DESPITE INCREASED NATO ACTIVITY IN EASTERN EUROPE.

  • Dec 19- European regulators recommended the approval of Orexigen Therapeutics Inc's diet pill, which could become the first prescription medicine for obesity to be approved in the European Union in nearly a decade. The drug, sold as Contrave by partner Takeda Pharmaceutical Co in the United States, will be marketed as Mysimba in Europe. The third obesity...

  • LONDON, Dec 19- Brent crude oil rose to around $60 a barrel on Friday, rallying from near a 5-1/ 2- year low as investors squared books ahead of the year-end festive break after six months of falling prices. Oil prices were on track for a fourth straight week of declines after OPEC members last month decided against cutting production despite a huge global overhang...

  • LONDON, Dec 19- Brent crude oil rose above $60 a barrel on Friday, recovering from near a 5-1/ 2- year low as investors squared books ahead of the year-end festive break after six months of falling prices. Oil prices were on track for a fourth straight week of declines after OPEC members last month decided against cutting production despite a huge global overhang of...

  • SINGAPORE, Dec 19- Brent crude held below $60 a barrel, near a 5-1/ 2- year low, on Friday as a global oversupply of oil showed little sign of receding, even as companies cut upstream investments next year. Oil prices were on track for a fourth straight week of declines after OPEC members last month decided against cutting production in response to a drop of nearly 50...

  • SINGAPORE, Dec 19- Brent crude held below $60 a barrel near a 5-1/ 2- year low on Friday as a global oversupply of oil showed little sign of receding, even as companies cut upstream investments next year. Oil prices were on track for a fourth straight week of declines after OPEC members last month decided against cutting production in response to a drop of nearly 50...

  • EU leaders ready long confrontation with Russia Thursday, 18 Dec 2014 | 8:54 PM ET

    *EU leaders lay ground for long-term common front toward Moscow. BRUSSELS, Dec 19- European Union leaders warned Moscow they were ready exercise their combined muscle over the long haul in a confrontation with an economically wounded Russia if President Vladimir Putin refused to pull back from Ukraine. "It is obvious we will not find a long-term perspective for...

  • IMF postpones Cyprus loan tranche after foreclosure law Thursday, 18 Dec 2014 | 6:11 PM ET

    WASHINGTON, Dec 18- The International Monetary Fund on Thursday said it could no longer release funds to Cyprus under its bailout this week, after the euro zone government suspended a foreclosure law that was required under the loan program. Cyprus needed an international bailout of 10 billion euros from the European Commission and the International...

  • UNITED NATIONS, Dec 18- Iran has not demonstrated sufficient flexibility in nuclear talks with six world powers aimed at ending a 12- year standoff with the Islamic Republic over its atomic ambitions, France and Britain said on Thursday. The remarks at the United Nations came just after the completion of another inconclusive round of negotiations in Geneva...

  • BRUSSELS, Dec 18- EU leaders defended plans for the world's biggest trade deal with the United States, seeking on Thursday to counter hostility in Europe and clear the way for the accord to be agreed by the end of 2015.. The European Union and the United States have committed to an accord that would create a transatlantic market of 800 million people and encompass...