World Economy International Organizations

  • BRUSSELS/ FRANKFURT, Sept 5- The European Commission will meet consumer groups this week to make sure they are doing enough to seek compensation for European drivers affected by Volkswagen's cheating of diesel emissions tests. Consumer Commissioner Vera Jourova told a news conference on Monday the "Dieselgate" scandal was a pan- European Union challenge and...

  • PARIS, Sept 5- Leaders from the world's top economies said on Monday that Britain's vote to exit the European Union added uncertainty to the global economic outlook but G20 economies were well positioned to deal with the economic and financial fallout. In a communique wrapping up the G20 summit in the Chinese city of Hangzhou, leaders said that monetary policy...

  • Sept 5- Following is the full text of a communique released on Monday by G20 leaders following a summit in Hangzhou, China:. We, the Leaders of the G20, met in Hangzhou, China on 4-5 September 2016. We met at a time when the global economic recovery is progressing, resilience is improved in some economies and new sources for growth are emerging.

  • Sept 5- Following is the full text of a communique released on Monday by G20 leaders following a summit in Hangzhou, China:. We, the Leaders of the G20, met in Hangzhou, China on 4-5 September 2016. We met at a time when the global economic recovery is progressing, resilience is improved in some economies and new sources for growth are emerging.

  • Sept 5- Following is the full text of a communique released on Monday by G20 leaders following a summit in Hangzhou, China:. We, the Leaders of the G20, met in Hangzhou, China on 4-5 September 2016. We met at a time when the global economic recovery is progressing, resilience is improved in some economies and new sources for growth are emerging.

  • Sept 5- Following is the full text of a communique released on Monday by G20 leaders following a summit in Hangzhou, China:. We, the Leaders of the G20, met in Hangzhou, China on 4-5 September 2016. We met at a time when the global economic recovery is progressing, resilience is improved in some economies and new sources for growth are emerging.

  • VIENTIANE, Sept 5- Southeast Asian leaders are set to avoid references to a recent arbitration ruling that undermined China's claims to the South China Sea, after omitting it from a joint statement at a summit this week over which Beijing's influence looms large. Soon after the ruling in The Hague, the Philippines lobbied strongly at an ASEAN foreign ministers'...

  • HANGZHOU, China, Sept 5- International Monetary Fund Managing Director Christine Lagarde said on Monday that consensus at the G20 is that there must be more growth, and it must be more inclusive. Lagarde, speaking after the close of the G20 summit in the eastern Chinese city of Hangzhou, said growth has been too low for too long and that structural reforms must not...

  • HANGZHOU, China, Sept 5- World leaders are meeting in the eastern Chinese city of Hangzhou for a G20 summit. Following are highlights of comments made at the G20 meeting and related events:. "We agree that facing the risks and challenges of the current world economy, and maintaining a peaceful and stable international environment are crucial.

  • BERLIN, Sept 5- Germany backed the U.S. nominee, Jim Yong Kim, for a second five-year term as World Bank President, a German government spokeswoman said on Monday. Ulrike Demmer told a regular government news conference that Germany would be pleased if Kim could continue in his position. "World Bank President Kim has done excellent work, including in the bank's...

  • RPT-G20- RUSSIA AND SAUDI ARABIA ENERGY MINISTERS WILL MEET AGAIN IN ALGERIA AT IEF CONFERENCE AND OPEC MEETING IN VIENNA IN NOV- JOINT STATEMENT.

  • TOKYO, Sept 5- The Bank of Japan will likely choose to deepen negative interest rates than expand its bond purchases if more policy easing is needed, as the cost of cutting rates is less than topping up an already huge bond-buying program, former central bank policymaker Sayuri Shirai told Reuters on Monday. Shirai, who was an International Monetary Fund...

  • FRANKFURT, Sept 5- The European Commission has found that Volkswagen broke consumer laws in 20 European Union countries by cheating on emissions tests, German daily Die Welt reported, citing Commission sources. The European Commission said Industry Commissioner Elzbieta Bienkowska has repeatedly invited Volkswagen to consider compensating consumers...

  • Artists perform onstage during a gala of the G-20 summit at the West Lake in Hangzhou.

    It seems that the G-20 has become a yet another unnecessary, ineffective and very expensive, taxpayer-funded, talking shop.

  • Protectionism difficult to overcome: Expert

    G-20 leaders have a tough time pushing global trade in the face of income inequality and anti-trade sentiment, says NN Investment Partners' Ashish Goyal.

  • LONDON, Sept 5- Britain's minister in charge of exiting the European Union will set out more detail on the government's plans for Brexit in a statement to parliament on Monday, amid growing international unease over how it will pan out. Since Britain's June 23 vote to leave the bloc, the government has given little away about its plans for Brexit, focussing instead...

  • Avon cosmetics lipstick

    Too much lipstick combined with fierce Chinese security can mean trouble in Hangzhou, the city hosting the G-20.

  • His warning on Sunday followed bilateral talks with Barack Obama that the U.S. president described as "extremely productive", but which failed to bring the two sides closer on thorny topics such as tensions in the South China Sea. With the summit tucked in between Britain's surprise vote in June to exit the European Union and the U.S. presidential election in...

  • His warning on Sunday followed bilateral talks with Barack Obama that the U.S. president described as "extremely productive," but which failed to bring the two sides closer on thorny topics such as tensions in the South China Sea. With the summit tucked in between Britain's surprise vote in June to exit the European Union and the U.S. presidential election in...

  • HANGZHOU, China, Sept 4- Russian President Vladimir Putin, in a speech at the G20 summit in China, struck an upbeat tone on the Russian economy, saying it had stabilised, and pledged to cut the country's budget deficit as well as its dependency on oil and gas exports. Russia's economy contracted by 3.7 percent in 2015 due to weaker oil prices, the country's chief...