International Organizations


  • At midnight a deadline expires for Ukraine to reduce the $2.2 billion debt it owes Moscow for natural gas deliveries. So far Ukraine has offered no payments, Moscow says, raising the risk of supply disruption, with possible knock-on effects for the European Union.

  • FACTBOX-Technical requirements to reverse gas flows Monday, 7 Apr 2014 | 10:04 AM ET

    LONDON, April 7- Ukraine is in emergency talks with the European Union on importing natural gas from the West following a leap in the price it pays for Russian supplies and a crisis in relations between Kiev and Moscow. Most of Europe's gas pipelines were designed to only send gas in one direction, for instance from Russia westward through Ukraine and into the EU.

  • LONDON, April 7- The oil market has rarely been so quiet. Benchmark Brent has traded in a narrow range of $5 either side of $110 per barrel since the summer of 2012.. Oil prices have rarely been so stable for so long since the 1973 oil shock ended the long period of calm in the 1950 s and 1960 s and ushered in the era of OPEC dominance.

  • SINGAPORE, April 7- The World Bank trimmed its 2014 growth forecast for developing East Asia but said the region's economies were likely to see steady growth in the next couple of years, helped by a pick-up in global growth and trade.

  • SINGAPORE, April 7- The World Bank trimmed its 2014 growth forecast for developing East Asia but said the region's economies were likely to see steady growth in the next couple of years, helped by a pick-up in global growth and trade.

  • SEOUL, April 7- U.S. crude oil slipped on Monday to trade around $101 a barrel after Libyan rebels and the government agreed to end an eight-month oil port standoff, which has cost the OPEC producer billions in lost revenues. *U.S. crude for May lost 12 cents at $101.02 a barrel as of 0005 GMT, after it settled 85 cents higher at $101.14 a barrel in the previous session.

  • The International Monetary Fund has already called on Europe to do more ahead of the IMF April 11-13 Spring gathering, alongside which G20 finance ministers and central bankers will meet.

  • WASHINGTON, April 6- The head of the International Monetary Fund dismissed a European central banker's recent remark that the IMF weighs in at his agency more than others such as the U.S. "We do say what we have to say when we think that it's appropriate to say it," IMF Managing Director Christine Lagarde said in an interview that aired on Fox News on Sunday.

  • UNITED NATIONS, April 4- North Korea said on Friday that the world would have to "wait and see" when asked for details of "a new form" of nuclear test it threatened to carry out after the United Nations Security Council condemned Pyongyang's recent ballistic missile launch. North Korea fired two medium-range Rodong ballistic missiles into the sea on March 26.

  • *Slovakia could provide more gas to Ukraine but would take months. KIEV/ LONDON, April 4- Ukraine is in emergency talks with European Union neighbours on the possibility of importing natural gas from the West, following a leap in the price it pays for Russian supplies, Prime Minister Arseny Yatseniuk said on Friday.

  • BRUSSELS, April 4- NATO said on Friday it had allowed private planes to fly high over Kososo for the first time in 15 years, letting commercial airlines save time and money by taking more direct routes across the region.

  • BRUSSELS, April 4- Protesters from across Europe clashed with police in Brussels on Friday at a demonstration against high unemployment, throwing stones and smashing windows as they marched from the city centre to the European Union district. Brussels hosts regular demonstrations, most passing off peacefully.

  • BRUSSELS, April 3- European Union regulators have halted their review of Hutchison Whampoa's $1 billion bid for Telefonica's 02 Ireland as they wait for new details of Hutchison's concessions, the EU antitrust chief said on Thursday.

  • UPDATE 1-EU to take Russia to WTO in pork ban dispute Thursday, 3 Apr 2014 | 10:45 AM ET

    BRUSSELS, April 3- The European Union said on Thursday it would soon take Russia to the World Trade Organisation to try to push Moscow to lift its ban on pork exports from the bloc, in a row that has been intensified by the crisis in Ukraine.

  • FRANKFURT, April 3- European Central Bank President Mario Draghi swatted away suggestions from the International Monetary Fund that his bank should ease monetary policy further on Thursday, questioning the timing of the Fund's most recent comments.

  • BENGHAZI, Libya, April 3- Libya's El Sharara and El Feel oilfields in the southwest of the OPEC producer are still closed by protests, acting Oil Minister Omar Shakmak said on Thursday. A pipeline from the Wafa field to the western Mellitah oil port was also still blocked by protests, Shakmak told reporters in the eastern city of Benghazi.

  • "The time for experimentation, for marginal changes and for conditional response is now over," Christiana Figueres told the International Petroleum Industry Environmental Conservation Association in a speech in London.

  • *Athens sees full market return in 2016. *Athens could tap markets a second time this year. The Eurogroup of finance ministers met in Athens this week, attracting about 5,000 protesters who denounced the latest measures agreed with the European Union and the International Monetary Fund to try to make the economy more competitive.

  • WASHINGTON, April 2- The number of conditions the International Monetary Fund attaches to its loans has grown in recent years, despite promises to limit what critics see as onerous requirements, a study showed on Wednesday.

  • WASHINGTON, April 2- The head of the International Monetary Fund on Wednesday called on the European Central Bank to ease monetary policy to move prices higher, saying "low-flation" in advanced economies risked undercutting an already sluggish global recovery.