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  • BOGOTA, March 13- Colombia's central bank could begin raising its key interest rate toward a neutral level as temporary supply shocks disappear and gradually allow inflation to rise, the International Monetary Fund said on Thursday.

  • WASHINGTON, March 13- Raising the retirement age and scrapping regressive taxes such as deducting the interest on mortgages can help richer governments address income inequality without straining their pocketbooks, IMF staff said in a paper on Thursday.

  • WASHINGTON, March 13- An International Monetary Fund team in Kiev will begin negotiations with Ukrainian authorities about an economic reform program, the IMF's chief said on Thursday. An IMF team has been in Kiev since March 4 to gather data about the government's finances.

  • Canada to offer Ukraine C$220 million in economic aid Thursday, 13 Mar 2014 | 4:20 PM ET

    OTTAWA, March 13- Canada will offer C $220 million in aid to Ukraine to help promote sustainable economic growth and good governance, Foreign Minister John Baird said on Thursday. He told reporters that C $200 million would be in the form of a loan or a loan guarantee based on a broader package that included support from the International Monetary Fund.

  • *European Commission, ECB warn Italy on debt commitments. ROME, March 13- Italian Prime Minister Matteo Renzi could struggle to convince the European Union that his ambitious tax cuts and spending commitments will not threaten pledges to sort out public finances.

  • UPDATE 3-OECD puts accession talks with Russia on hold Thursday, 13 Mar 2014 | 12:15 PM ET

    The move by the organisation, which includes economic heavyweights such as the United States, Germany, France, Japan and Mexico, is the latest effort to apply pressure on Moscow ahead of a referendum on Sunday in which Ukraine's southern region of Crimea could vote to secede and join Russia.

  • IMF says good discussions with Ukrainian officials Thursday, 13 Mar 2014 | 10:31 AM ET

    WASHINGTON, March 13- The International Monetary Fund has made good progress in its fact-finding mission in Kiev and will soon discuss Ukraine's economic situation with IMF management, a Fund spokesman said on Thursday. A team from the IMF arrived in Kiev last week to assess the country's economic situation and discuss a possible bailout program.

  • EU compromise on airline emissions faces opposition Thursday, 13 Mar 2014 | 8:58 AM ET

    LONDON/ BRUSSELS, March 13- A number of EU politicians plan to vote against a deal to exempt long-haul flights from paying for carbon emissions until the end of 2016 in an attempt to prevent the European Union from bowing to international pressure.

  • UPDATE 2-OECD postpones accession talks with Russia Thursday, 13 Mar 2014 | 8:31 AM ET

    The move by the organisation, which includes economic heavyweights such as the United States, Germany, France, Japan and Mexico, is the latest effort to apply pressure on Moscow ahead of a referendum on Sunday in which Ukraine's southern region of Crimea could vote to secede and join Russia.

  • UPDATE 1-OECD suspends accession talks with Russia Thursday, 13 Mar 2014 | 6:56 AM ET

    PARIS, March 13- The OECD said on Thursday it had postponed all activities related to Russia's accession to the organisation following a request from its 34 members.

  • SINGAPORE, March 13- Brent futures inched higher on Thursday, holding above $108 a barrel, as investors focused on risks from the unfolding crisis in Ukraine and as OPEC raised its 2014 global oil demand growth forecast for a second straight month. Brent crude rose 24 cents to $108.26 by 0203 GMT, after ending 53 cents down at its lowest in a week.

  • World Bank panel rejects Venezuela's appeal over Conoco Wednesday, 12 Mar 2014 | 11:08 PM ET

    CARACAS, March 12- A World Bank panel has rejected Venezuela's request for a new hearing to contest a 2013 partial ruling that it failed to act in good faith regarding negotiations to compensate U.S. oil company ConocoPhillips for expropriations. It also limited the scope of ConocoPhillips' claims by excluding future tax credits.

  • Brent firms above $108 on supply risks, demand outlook Wednesday, 12 Mar 2014 | 10:25 PM ET

    *Asian shares on defensive as China fears rattle commodities. SINGAPORE, March 13- Brent futures inched higher on Thursday, holding above $108 a barrel, as investors focused on risks from the unfolding crisis in Ukraine and as OPEC raised its 2014 global oil demand growth forecast for a second straight month.

  • WASHINGTON, March 12- The U.S. Senate Foreign Relations Committee voted 14-3 on Wednesday to pass a bill addressing the crisis in Ukraine that includes reforms to the International Monetary Fund and sanctions on Russians and Ukrainians, as well as aid and loan guarantees for the new government in Kiev.

  • BRUSSELS, March 12- European Union member states have agreed the wording of sanctions on Russia, including travel restrictions and asset freezes against those responsible for violating the sovereignty of Ukraine, according to a draft document reviewed by Reuters.

  • *OPEC raises Feb output, pumps more than forecast demand. LONDON, March 12- World oil demand will increase more than expected in 2014, OPEC said on Wednesday, raising its prediction for a second straight month as economic growth picks up in Europe and the United States.

  • *Germany's Schaeuble points to differences. BRUSSELS, March 11- European ministers agreed on Tuesday to strengthen a scheme to tackle troubled banks, seeking to win the blessing of EU lawmakers for a reform to fortify the euro zone against crises. It could even fall to European Union leaders, who meet in Brussels on March 20-21, to decide.

  • BRUSSELS, March 11- Russia's seizure of the Crimea region of Ukraine is spurring the European Union to renew efforts to end decades of dependence on Russian gas by developing its own energy supplies and pushing for greater access to abundant U.S. resources.

  • Ukraine crisis strengthens EU resolve to seek U.S. gas Tuesday, 11 Mar 2014 | 11:27 AM ET

    BRUSSELS, March 11- EU negotiators are pressing U.S. counterparts to agree a framework to allow imports of U.S. liquefied natural gas into the European Union via a transatlantic trade pact under discussion, people close to the talks told Reuters.

  • OECD SEES Q/Q ANNUALISED GERMAN GDP GROWTH OF 3.7 PCT IN Q1, 2.5 PCT IN Q2.