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International Organizations

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  • *Ethiopia says private sector too weak for competition. ADDIS ABABA, May 28- Ethiopia may delay plans to join the World Trade Organization in 2015 if the country is required to liberalize its tightly regulated telecoms and banking industries sooner than it would like, the trade minister said.

  • BRUSSELS, May 27- European Union leaders assessed the continent's dramatically altered political landscape on Tuesday following European Parliament elections and sought a response to a rising tide of voter frustration.

  • While rates are rising as much as 3 percent a year in countries such as Australia, France, Mexico and Switzerland, they have been fairly stable in other countries such as the Unites States, Canada, Korea and Italy, the Organisation for Economic Cooperation and Development said in report.

  • LONDON, May 27- Progress in completing banking reforms to plug gaps highlighted by the 2007-09 financial crisis is too slow and is being hampered by fierce industry lobbying, the International Monetary Fund said on Tuesday.

  • *EU leaders to discuss Ukraine election on Tuesday. *Ukraine election billed as successful. BRUSSELS, May 26- Sunday's election in Ukraine, deemed a success by the European Union, is likely to ease pressure for far-reaching sanctions against Russia as Europe worries about how punitive steps might hurt its own economy.

  • *EU leaders to discuss Ukraine election on Tuesday. *Ukraine election billed as successful. BRUSSELS, May 26- Sunday's election in Ukraine, deemed a success by the European Union, is likely to ease pressure for far-reaching sanctions against Russia as Europe worries about how punitive steps might hurt its own economy.

  • *Secret public spending to reach 25 pct of total by 2016. MOSCOW, May 26- Russian public spending that is classified as secret will nearly double by 2016 to reach a quarter of all expenditures, the IMF said on Monday, urging more disclosure and analysis of budget risks.

  • LONDON, May 26- European equities rose on Monday, with Italy's FTSE MIB outperforming, as investors welcomed the fact that European Parliament elections gave the majority of seats to parties supporting the European Union.

  • TOKYO/ SYDNEY, May 26- The euro touched a fresh three-month low against the dollar on Monday as investors awaited comments from European Central Bank chief Mario Draghi and digested weekend elections in which critics of the European Union more than doubled their presence.

  • NYMEX-U.S. crude hovers above $104, near 5-week high Sunday, 25 May 2014 | 8:30 PM ET

    SINGAPORE, May 26- U.S. crude futures held near five-week highs above $104 a barrel on Monday, as traders increased net long positions ahead of peak summer oil demand while tensions in Libya kept the OPEC producer's output low.

  • SINTRA, Portugal, May 25- Christine Lagarde, managing director of the International Monetary Fund, called on Sunday for closer cooperation among the world's central banks to cope with the challenges of increasingly interlinked and complex financial systems.

  • *Ukraine election could send jitters through markets. LONDON, May 25- Investors this week will be watching the results of elections that could deal a blow to political parties that are key to reform efforts in the European Union and could also fan instability in Ukraine.

  • ST PETERSBURG, Russia, May 24- The European Union should consider the interests of European companies working in Russia when deciding on whether to impose sanctions on Moscow over its involvement in Ukraine, President Vladimir Putin's top economic aide said on Saturday.

  • ST PETERSBURG, Russia, May 24- The European Union should consider the interests of European companies working in Russia when deciding on whether to impose sanctions on Moscow over its involvement in Ukraine, President Vladimir Putin's top economic aide said on Saturday.

  • ST PETERSBURG, Russia, May 24- Russian Economy Minister Alexei Ulyukayev said on Saturday he was confident that the European Union would refrain from imposing sanctions that could hit some of the country's major exports.

  • BASILDON, England, May 23- British Prime Minister David Cameron will be forced to step up his drive to claw back powers from the European Union to head off a challenge to his leadership after losing votes to the anti- EU UK Independence Party, its leader Nigel Farage said.

  • WASHINGTON, May 23- The United States has won a trade dispute with China over duties slapped on U.S. exports of large cars and sport utility vehicles, the World Trade Organization said on Friday.

  • UPDATE 1-IMF says Norway must spend less oil money Friday, 23 May 2014 | 8:06 AM ET

    OSLO, May 23- The IMF called on Norway to cut back on spending its oil income, saying the economy needs no further stimulus and the government should focus on fostering private sector growth instead as it begins the long transition to life after oil.

  • ST PETERSBURG, Russia, May 23- Russian President Vladimir Putin said on Friday that Moscow's biggest concern over the crisis in Ukraine was that the former Soviet republic would join NATO. "Tomorrow Ukraine may join NATO, while the day after tomorrow parts of the U.S. anti-missile system could be deployed there," he told an investment forum.

  • RUSSIAN PRESIDENT PUTIN SAYS RUSSIA'S BIG CONCERN IS THAT UKRAINE WILL JOIN NATO.