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  • *Greece drops resistance, says "not a Russian puppet". BRUSSELS/ KIEV, Jan 29- European Union foreign ministers extended existing sanctions against Russia on Thursday, holding off on tighter economic measures for now but winning the support of the new left-leaning government of Greece, whose position had been in doubt. Germany said that decision would depend on...

  • *EU considering new sanctions after rebel advance in Ukraine. *Greece's position unclear, signs of division emerging. BRUSSELS/ KIEV, Jan 29- European Union foreign ministers agreed on Thursday to extend existing sanctions against Russia by six months but were still debating whether to impose new measures, with the new government in Greece sowing uncertainty...

  • MOSCOW, Jan 29- Russia's rouble fell around 2 percent against the dollar and the euro on Thursday, hurt by the threat of new European Union sanctions over the Ukraine crisis, the end of the tax period and a broad-based aversion to riskier assets on global markets. European Union foreign ministers on Thursday were expected to ask the European Commission to prepare...

  • Greece misinterpreted over Russia sanctions -minister Thursday, 29 Jan 2015 | 5:33 AM ET

    ATHENS, Jan 29- Greece's new finance minister Yanis Varoufakis rejected suggestions that complaints from Athens over a European Union statement on Ukraine meant it was preparing to veto sanctions against Russia. EU foreign ministers are expected to ask the European Commission on Thursday to prepare a new round of sanctions against Russia, aimed at...

  • MOSCOW, Jan 29- Russia's rouble slid in early trade on Thursday, extending losses from earlier in the week as falling oil prices and the threat of new European Union sanctions over the Ukraine crisis soured sentiment. European Union foreign ministers were on Thursday expected to extend until the end of 2015 asset freezes and travel bans imposed on dozens of...

  • Deputy Defense Secretary Robert Work on Wednesday urged NATO allies to develop and make more innovative weapons, and said bold action was needed to stay ahead of rapid weapons development by China, Russia and other countries. Work said it was critical to increase collaboration with allies in NATO, Asia and other areas, ranging from mission planning to...

  • IMF sets June deadline for progress on governance reforms Wednesday, 28 Jan 2015 | 8:41 PM ET

    President Barack Obama has so far been unable to persuade Republicans in Congress to act on the measure. The board of the International Monetary Fund said Wednesday the institution's 188 member countries should agree on steps that could make "meaningful progress" toward the reforms by June 30, without providing details. Finance chiefs around the world had...

  • Deputy Defense Secretary Robert Work on Wednesday urged NATO allies to develop and make more innovative weapons, and said bold action was needed to stay ahead of rapid weapons development by China, Russia and other countries. Concerns about weapons development from other countries was a key reason that the Pentagon's fiscal 2016 budget plan to be delivered...

  • OTTAWA, Jan 28- A North American Free Trade Agreement panel has halted a probe of Canada's oversight of oil sands tailings ponds following a unanimous vote by its three member countries, officials said on Wednesday. The complainants argued that Canada was failing to enforce environmental laws related to alleged leaks from industry tailings ponds into water...

  • NAFTA panel halts probe of Canadian oil sands oversight Wednesday, 28 Jan 2015 | 3:52 PM ET

    The complainants argued that Canada was failing to enforce environmental laws related to alleged leaks from industry tailings ponds into water in northern Alberta. Canada has said both the federal government and provincial government in Alberta are enforcing their environmental laws. Canada argued that the probe would interfere with ongoing...

  • RPT-EU's Moscovici says ready to start work with Greece Wednesday, 28 Jan 2015 | 2:29 PM ET

    PARIS, Jan 28- European Union economics chief Pierre Moscovici said on Wednesday that EU officials were ready to open discussions with Greece over its debt problems and that he did not expect a confrontation with the country's new government. He also said that debt cancellation was not the solution for Greece and that debt commitments must be met.

  • BRUSSELS, Jan 28- New European Union sanctions against Russia could include further capital markets restrictions, making it harder for Russian companies to refinance themselves and possibly affecting Russian sovereign bonds, EU officials said on Wednesday. EU foreign ministers are expected to ask the executive European Commission on Thursday to prepare...

  • BRUSSELS, Jan 28- New European Union sanctions against Russia could include further capital markets restrictions, making it harder for Russian companies to refinance themselves and possibly affecting Russian sovereign bonds and access to advanced technology for the oil and gas sectors, EU officials said on Wednesday. EU foreign ministers are set to ask the...

  • Car industry heads lobby to drop tariffs between EU, US Wednesday, 28 Jan 2015 | 9:03 AM ET

    BERLIN, Jan 28- The heads of German car companies including BMW, Daimler and Audi lobbied politicians on Wednesday to reach a trade deal that could see tariffs dropped between the United States and the European Union. BMW boss Norbert Reithofer said around 40 percent of all cars produced are sold in Europe and the United States. Carmakers waste resources...

  • BRUSSELS, Jan 28- The European Union will extend by six months sanctions imposed on Russia last March over its annexation of Crimea, add new people to those under sanctions and prepare new measures, draft conclusions for an EU foreign ministers meeting showed. "In view of the worsening situation, the Council agrees to extend the restrictive measures targeting...

  • EU says near deal with Washington on derivatives rules Tuesday, 27 Jan 2015 | 12:42 PM ET

    LONDON, Jan 27- The European Union and the United States are poised to accept each other's rules on financial derivatives trading in a bid to prevent a global market that supports economic growth from fragmenting, a senior EU official said on Tuesday. The bulk of swaps are traded in London and New York and banks say the prospect of rule clashes is already...

  • *Russia added 20.73 tonnes in December-IMF. *Gold price rose in December for first time in five months. SINGAPORE, Jan 27- Russia extended its buying spree of gold to a ninth straight month, and the price of gold rose for the first time in five months, data from the International Monetary Fund showed on Tuesday.

  • KIGALI, Jan 27- International Monetary Fund head Christine Lagarde has warned that African economies could be hurt by a slowdown in China's economy and an imminent hike in United States interest rates. "Momentum is slowing in many advanced and emerging economies, including China- one of Africa's main trading partners," Lagarde told Rwandan lawmakers in the...

  • TRADE REPRESENTATIVE SAYS TREASURY IS ADDRESSING QUESTIONS ABOUT CURRENCY MANIPULATION BILATERALLY AND THROUGH G7, IMF.

  • *Oil may have hit bottom, could rise soon, says OPEC's Badri. LONDON, Jan 27- Oil prices steadied above $48 a barrel on Tuesday, recovering from earlier losses as the dollar weakened against the euro. Prices were also supported after the Secretary-General of the Organization of the Petroleum Exporting Countries, Abdullah al-Badri, said oil prices may have bottomed...