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International Organizations IMF

  • *Greece swings to general government surplus in 2016, after 21 years. ATHENS, April 21- Greece far exceeded its international lenders' budget demands last year, official data showed on Friday, posting its first overall budget surplus in 21 years even when debt repayments are included. This was calculated under European System of Accounts guidelines, which...

  • WASHINGTON, April 21- China's economy may grow faster than the International Monetary Fund had expected for all of 2017 after a first-quarter performance that beat forecasts, the fund said, as it urged Beijing to address entrenched financial risks in the country. The better-than-anticipated data prompted the IMF this week to raise its 2017 and 2018 growth...

  • *Greece swings to general government surplus in 2016, after 21 years. ATHENS, April 21- Greece far exceeded its international lenders' demands for a budget surplus last year, official data showed on Friday, posting its first overall budget surplus in 21 years even when debt repayments are included. This was calculated under European System of Accounts...

  • *Greece swings to general government surplus in 2016. ATHENS, April 21- Greece far exceeded its international lenders' demands for budget savings last year, official data showed on Friday, outstripping even 2017' s target and presenting a strong case for unlocking more bailout funds. The IMF, which has reservations on whether Greece can meet high primary surplus...

  • The G-20 discussions were being held in conjunction with the spring meetings of the 189- nation International Monetary Fund and its sister lending organization, the World Bank, which are scheduled to conclude Saturday. Treasury Secretary Steven Mnuchin and Federal Reserve Chair Janet Yellen were representing the United States at the discussions.

  • WASHINGTON, April 20- Japanese Finance Minister Taro Aso said on Thursday he reconfirmed with U.S. Treasury Secretary Steve Mnuchin that currency issues should be dealt with by the two finance leaders. Aso and Mnuchin met on the sidelines of the G20 finance leaders' gathering and International Monetary Fund meetings in Washington D.C..

  • Speaking to bankers just hours after the formal start of the International Monetary Fund and World Bank spring meetings, White House National Economic Council Director Gary Cohn said Washington was prepared to get tougher in the trade arena. Asked at the Institute of International Finance about his message for his international counterparts, Cohn said the...

  • John Silvia of Wells Fargo Securities explains why he believes the annual meetings are key for global investors.

  • "Some of the lowering in rates is going to be offset by less deductions and simpler taxes," Treasury Secretary Mnuchin said in a question-and-answer session on the sidelines of the International Monetary Fund and World Bank spring meetings in Washington. Mnuchin said dynamic scoring could give Trump and Congress a $2 trillion revenue cushion for the first...

  • CARACAS, April 20- Annual inflation in crisis-hit Venezuela last year reached 274 percent, according to data the central bank provided to the International Monetary Fund, although many economists believe the true figure is far more alarming. Venezuelan consultancy Ecoanalitica says inflation was 525 percent last year and New York- based investment bank...

  • Janet Yellen

    Current trading indicates that the Fed will not be able to enact the two additional rate hikes that officials have indicated are on the way.

  • WASHINGTON, April 20- It would not be a bad idea for the European Central Bank and other central banks to follow the U.S. Speaking on the sidelines of International Monetary Fund meetings in Washington, Schaeuble said the ultra-loose monetary policies in place in many areas of the world were not helpful. Investors are on tenterhooks before Sunday's first round...

  • "I would make a distinction between last year's referendum, which was a binary decision for which markets and institutions were potentially not prepared... and the normal political process, which is what we're seeing happening in the UK and for which institutions are well prepared," Mark Carney said at an event of the International Monetary Fund in Washington.

  • Worries over Trump's approach to trade, taxes, financial regulation and climate change clouded the start of the International Monetary Fund and World Bank spring meetings, even amid improved optimism over global growth prospects. As the meetings got started, two blocks away at the White House, Trump signed a directive to study whether steel imports into the...

  • World Bank President Jim Yong Kim told journalists that freer trade and more openness were "critical for the future of the world." While he had said that he would brand China a currency manipulator immediately on taking office, the administration sent Congress a report last week that found China was not manipulating its currency. The Treasury report did put...

  • CARACAS, April 20- Annual inflation in crisis-hit Venezuela last year reached 274 percent, according to data the central bank provided to the International Monetary Fund, although many economists believe the true figure is far more alarming. Venezuelan consultancy Ecoanalitica says inflation was 525 percent last year and New York- based investment bank...

  • WASHINGTON, April 20- International Monetary Fund Managing Director Christine Lagarde said on Thursday she believes the IMF can work with the Trump administration to improve the global trading system, but cautioned against jeopardizing open trade as a growth engine. Lagarde told a news conference at the opening of the IMF and World Bank spring meetings in...

  • European markets edged higher on Thursday as investors continued to digest political uncertainties and reacted to corporate earnings.

  • Rajan: US economy is strong relative to potential

    At the IMF & World Bank Spring meetings, Former Reserve Bank of India Governor Raghuram Rajan speaks with CNBC's Sara Eisen about the state of the global economy.

  • Contractors work on the Hudson Yards Shed in New York.

    "The question is who is financing this trillion dollars in infrastructure," Alan Greenspan tells CNBC.