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  • ZURICH, Oct 12- Switzerland's business elite published an appeal in a Swiss newspaper on Sunday to save the country's accords with the European Union from unravelling due to a vote earlier this year to curb immigration from the bloc. The move could violate a free movement of citizens pact and threaten Switzerland's other agreements with the 28- member union.

  • *China to offer data hints about its growth prospects. LONDON, Oct 12- China's economy, the second largest in the world, gets a spot check this week with a barrage of data due that should indicate how successful Beijing has been in supporting growth. The International Monetary Fund, for example, has lowered its growth expectations for this year and next in Europe,...

  • WASHINGTON, Oct 11- Reserve Bank of India Governor Raghuram Rajan said on Saturday there would be some volatility in emerging markets once the U.S. The rest of the world will benefit from U.S. growth, "Rajan said at an event on the sidelines of the International Monetary Fund and World Bank fall meetings. "It could create some volatility for the emerging markets... my...

  • Brazil has been preparing for the hikes by amassing currency reserves and maintaining a floating currency, Tombini said on the sidelines of the International Monetary Fund and World Bank fall meetings in Washington.

  • Get bold on economy, ease up on budget cuts: IMF Saturday, 11 Oct 2014 | 2:24 PM ET
    The International Monetary Fund (IMF) logo is seen at the IMF headquarters building in Washington.

    The International Monetary Fund's member countries on Saturday said bold action was needed to bolster the global recovery.

  • IMF warns global economy at risk, calls for bold action Saturday, 11 Oct 2014 | 1:51 PM ET

    WASHINGTON, Oct 11- The International Monetary Fund's member countries on Saturday said bold action was needed to bolster the global economic recovery, and they urged governments to take care not to squelch growth by tightening budgets too drastically. European officials have sought to dispel the gloom, with European Central Bank President Mario Draghi on...

  • WASHINGTON, Oct 11- The world's biggest emerging and developed economies have reiterated their commitment not to target exchange rates with monetary policy, European Central Bank President Mario Draghi told a news conference on Saturday.

  • WASHINGTON, Oct 10- Bank of Israel Governor Karnit Flug voiced openness on Friday to reducing interest rates further or using other unconventional policy tools to boost inflation back to the target range. She was speaking during the annual meetings of the International Monetary Fund and World Bank. Countries like Switzerland and the Czech Republic which...

  • UNITED NATIONS, Oct 10- A $1 billion United Nations appeal to fight Ebola has only been 25 percent funded and senior U.N. officials warned on Friday that no country was safe as the world faced a crisis with staggering potential. The current outbreak of the hemorrhagic fever, which is the worst on record, was identified in March in a remote part of Guinea and has spread...

  • CARACAS, Oct 10- Venezuela wants OPEC to hold an emergency meeting to arrest the slide in oil prices, Foreign Minister Rafael Ramirez said on Friday, the first member of the cartel to formally call for action ahead of next month's gathering. "We have received instructions from the president to request an extraordinary OPEC meeting," said Ramirez, who was oil...

  • WASHINGTON, Oct 10- Brazilian Finance Minister Guido Mantega took the International Monetary Fund to task on Friday for "contradictory" assessments of Brazil's economy, saying the global lender should be more careful in its forecasting. The IMF on Tuesday cut its 2015 growth forecast for Brazil by 0.6 percentage point to 1.4 percent, casting a sharp light on...

  • *OPEC leaves 2014, 2015 demand forecasts steady. *OPEC delegate says Saudi Arabia should cut its output. LONDON, Oct 10- Top oil exporter Saudi Arabia told OPEC it raised its oil production in September by 100,000 barrels per day, adding to signs it has yet to respond to a drop in prices well below $100 a barrel by trimming output.

  • *Brent had fallen near $88, lowest since December 2010. *Top exporter Saudi Arabia raised Sept output- OPEC. Brent crude for November delivery was up 16 cents at $90.21 a barrel at 1:27 p.m. EDT after earlier falling to $88.11, its lowest since December 2010.

  • WASHINGTON, Oct 10- The drop in global oil prices should not affect the spending plans of oil-producing countries in the Middle East in the near-term given their large financial reserves, the head of the IMF's Middle East and Central Asia Department said on Friday. The official, Masood Ahmed, told reporters that every oil producer in the region outside of the Gulf...

  • WASHINGTON, Oct 10- The European Union should not give France extra time to bring its budget deficit under the EU ceiling, given the country has not undertaken needed reforms during the two-year buffer it was previously given, Jeroen Dijsselbloem, the chairman of euro zone finance ministers, said on Friday. France was to reduce its budget shortfall below the EU...

  • *Top exporter Saudi Arabia raised Sept output- OPEC. Oil output has also risen in OPEC members Iraq and Libya, despite violence and instability in both countries, the group said in its monthly oil market report on Friday. Total OPEC output grew by 400,000 bpd to 30.47 million bpd.

  • UNITED NATIONS, Oct 10- The United Nations said on Friday that its appeal for $1 billion to respond to the West Africa Ebola outbreak was only 25 percent funded and a surge in trained healthcare personnel was also needed to help tackle the crisis.

  • UNITED NATIONS $1 BILLION APPEAL TO RESPOND TO EBOLA OUTBREAK IS ONLY 25 PERCENT FUNDED- DEPUTY U.N.

  • *Top exporter Saudi Arabia raised Sept output- OPEC. LONDON, Oct 10- Brent crude oil fell to its lowest since 2010 on Friday, dropping below $90 a barrel as Saudi Arabia said it upped production last month, increasing speculation of an OPEC price war. "The rout will probably continue until OPEC says enough is enough."

  • BERLIN, Oct 10- China and the European Union aim to end a long-running telecoms row next week, the EU's trade chief said on Friday, potentially easing tensions between two of the world's top trading powers. Reuters reported exclusively this week that Europe was close to a deal with Beijing on defusing the issue of what Brussels says are illegal subsidies to...