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  • Feb 10- Ratings agencies Fitch and Standard& Poor's warned on the long-term ratings of four Greek banks as uncertainty surrounds Greece getting financial support from the European Central Bank. The European Union aims to clinch an interim debt deal with Greece although there are "low expectations" for a breakthrough at meetings of ministers and EU leaders...

  • Feb 10- Standard& Poor's kept the long-term ratings of four Greek banks on watch with negative implications, saying there was uncertainty over Greece getting support from the European Central Bank. The European Union aims to clinch an interim debt deal with Greece although there are "low expectations" for a breakthrough at meetings of ministers and EU leaders...

  • ISTANBUL, Feb 10- Following are the key points of a communique released by G20 finance officials at the end of a two-day meeting in Istanbul. -Growth in the global economy remains uneven and although the recovery is in progress, it is slow, especially in some advanced economies, notably the euro area and Japan. We continue to urge the United States to ratify the 2010...

  • ISTANBUL, Feb 10- G20 finance officials painted a downbeat picture of the world economy on Tuesday and vowed to use monetary and fiscal policy to boost activity if needed. A communique released at the end of a two-day meeting of finance ministers and central bankers in Istanbul, said: "We will continuously review our monetary and fiscal policy settings and act...

  • TRIPOLI, Feb 10- Libya reopened its oil port of Hariga on Tuesday, ending a strike by guards that threatened to further cut the OPEC country's petroleum production that is already battered by factional fighting over two export terminals. The threat to shut down Hariga port illustrated the fragility of oil shipments from Libya, where two rival governments and...

  • *A transitional period during which Greece and its partners can discuss ways to make Athens' debt viable. It says it will no longer deal with the "troika" of European Commission, European Central Bank and International Monetary Fund inspectors. *Greece wants to scrap about 30 percent of the current bailout's conditions.

  • ISTANBUL, Feb 10- Bank of Canada Governor Stephen Poloz insisted on Tuesday that he has not been talking down the Canadian dollar, saying it has fallen because of economic developments, particularly the collapse in the price of oil. Poloz, who moved over from Export Development Canada in mid-2013, has often spoken of the need for exports to take over as a main...

  • OTTAWA, Feb 10- The oil price shock has been front and center at meetings of the Group of 20 leading economies, Bank of Canada Governor Stephen Poloz said on Tuesday, but nothing he has heard at the talks so far has changed his economic outlook. Speaking in an interview with Reuters and another news outlet, Poloz also rejected the notion that he has been purposefully...

  • BRUSSELS, Feb 10- The European Union is aiming to clinch an interim debt deal with Greece at a meeting of euro zone finance ministers on Monday, with "low expectations" for a breakthrough at meetings of ministers and EU leaders this week. Euro zone finance ministers, collectively known as the Eurogroup, meet on Wednesday and next Monday and EU leaders at a summit, or...

  • LONDON, Feb 10- The head of top Russian oil producer Rosneft on Tuesday criticized OPEC policy and warned lower oil output as a result of falls in crude prices may lead to a supply shortage as early as the fourth quarter. Igor Sechin, speaking at the International Petroleum Week industry forum in London, said producer group OPEC had "lost its teeth" and its policy had...

  • UPDATE 1-U.S. oil output "party" to last to 2020-IEA Tuesday, 10 Feb 2015 | 6:34 AM ET

    *OPEC crude demand to rise in 2016, won't regain pre-2008 level. LONDON, Feb 10- The United States will remain the world's top source of oil supply growth up to 2020, even after the recent collapse in prices, the International Energy Agency said, defying expectations of a more dramatic slowdown in shale growth. But IEA Executive Director Maria van der Hoeven,...

  • ISTANBUL, Feb 10- The United States urged a meeting of the Group of 20 leading economies not to resort to currency devaluations to boost exports, while a draft communique gave a gloomy assessment on Tuesday of the outlook for global growth. The meeting of finance ministers and central bankers in Istanbul comes at a difficult time, with major economies running at...

  • ISTANBUL, Feb 10- Regulatory and financial reforms have helped diminish the risk Greece may pose to the euro zone, Canada's finance minister said on Tuesday, amidst growing concern about Athens' determination to ease austerity measures. "The United States is doing well, the UK, Canada, Australia, but generally global growth is disappointing, and there are some...

  • ISTANBUL, Feb 10- The Group of 20 leading economies will pledge to act decisively on monetary and fiscal policy if needed to combat the risk of persistent stagnation, according to a draft communique obtained by Reuters on Tuesday. The communique, intended for adoption by G20 ministers later on Tuesday at a meeting in Istanbul, pointed to the risk of prolonged low...

  • G20 DRAFT: G20 DEEPLY DISAPPOINTED WITH CONTINUED DELAY IN IMF QUOTA REFORM, URGES U.S.

  • G20 DRAFT: CURRENT ECONOMIC CONDITIONS REQUIRE ACCOMMODATIVE MONETARY POLICY IN SOME ECONOMIES.

  • U.S. oil output "party" to last to 2020-IEA Monday, 9 Feb 2015 | 8:00 PM ET

    *Russia to be oil industry's "top loser" in medium term-IEA. *Demand for OPEC crude to rise in 2016, steady in 2015. LONDON, Feb 10- The United States will remain the world's top source of oil supply growth up to 2020, even after the recent collapse in prices, the International Energy Agency said, defying expectations of a more dramatic slowdown in shale growth.

  • NEW YORK, Feb 9- Stock indexes worldwide slipped on Monday on fears of Greece leaving the euro zone and concerns over conflict in Ukraine, while oil prices surged after an optimistic demand forecast from OPEC. Tensions rose further on Monday after European Commission President Jean-Claude Juncker said Greeks should not expect the euro zone to accept the...

  • Feb 9- Standard& Poor's cut the ratings and outlook of several oil producing countries in the Middle East, including Saudi Arabia and Bahrain, citing the recent sharp decline in oil prices. Oil producers' organization OPEC, which counts Saudi Arabia as one of its prominent members, decided late last year to maintain its output despite slowing demand.

  • *Oil rises on OPEC forecast of greater demand, less supply. NEW YORK, Feb 9- Stock indexes worldwide slipped on Monday after weaker-than-expected Chinese trade data and on uncertainty about Greece's position in the eurozone, while oil prices rose after an optimistic demand forecast from OPEC. Tensions rose further on Monday after European Commission...