GO
Loading...

Enter multiple symbols separated by commas

World Economy International Organizations

More

  • KIEV, June 18- Ukraine's parliament approved two laws on Thursday on central bank independence, leaving five more to be passed in order to unlock the next tranche of financial aid from the International Monetary Fund, Prime Minister Arseny Yatseniuk said. Ukraine has so far received $5 billion from the Fund from its overall pledge of $17.5 billion.

  • *Russia says no request for money from Greece. LUXEMBOURG/ ATHENS, June 18- The IMF dashed any hope on Thursday that Greece could avert default if it fails to repay a 1.6 billion loan by the end of June, piling pressure on leftist Prime Minister Alexis Tsipras, who showed no sign of yielding to creditors' demands. Euro zone finance ministers descended on Luxembourg for...

  • LUXEMBOURG, June 18- Greece will be in default with the International Monetary Fund at the start of July if it fails to make a repayment on June 30 because there is no grace period or possibility to delay, IMF Managing Director Christine Lagarde said on Thursday. "It will be in default, it will be in arrears vis-a-vis the IMF on July 1, but I hope it is not the case, I really...

  • Saudi Arabia is the top producer in the Organization of the Petroleum Exporting Countries and the world's top oil exporter, while Russia, which is not an OPEC member, is the second biggest oil supplier to the global markets. Russia has stepped up contacts with OPEC after oil prices plunged last year, but it has dismissed any suggestion it might cut output to prop up...

  • LONDON, June 18- For Encocam, one of the world's few manufacturers of crash test dummies, a British exit from the European Union looks like an accident that will probably be avoided. But if things turn out differently in the country's planned EU referendum, it will have big consequences for the company based 20 miles north-west of Cambridge. As well as tighter...

  • WASHINGTON, June 17- The International Monetary Fund said on Wednesday it approved a two-year, $5.45 billion flexible credit line for Colombia to help the South American country cope with external shocks, including the fall in oil prices. The IMF said Colombia does not plan to draw on the funds and will treat them as precautionary. Colombia first received a...

  • MARACAIBO, Venezuela, June 17- Venezuelan state oil company PDVSA and Rosneft are negotiating a financing deal under which the Russian oil major could lend its South American counterpart $5 billion, a source close to the negotiations said on Wednesday. Rosneft is seeking to heighten its international presence and sees Venezuela, an OPEC member, as a stepping...

  • June 17- The Portuguese navy plans to use drones to help survey the Mediterranean as the European Union steps up efforts to track and rescue thousands of migrants risking often deadly sea crossings from Africa. The tide of migrants and refugees risking the crossing to reach Europe from Africa is on the rise this year and the U.N. refugee agency estimates 1,850...

  • *No sign of compromise as Greece edges towards default. ATHENS, June 17- A warning by Greece's central bank that the country risked being driven from the euro zone and, ultimately, the European Union failed to break a deadlock with creditors before a potentially decisive meeting of European finance ministers. Greek negotiator Euclid Tsakalotos confirmed that...

  • GREEK NEGOTIATOR TSAKALOTOS CONFIRMS ATHENS DOES NOT HAVE MONEY TO MAKE IMF PAYMENT ON JUNE 30 WITHOUT DEAL WITH CREDITORS.

  • *Athens needs fresh funds to avoid defaulting on a 1.6 billion euro debt repayment to the International Monetary Fund on June 30, which could drive it towards the euro zone exit. *Synergy Pharmaceuticals shares soared 45.5 percent to $6.81 in premarket trading after the company's late-stage study of constipation treatment meet the main goal.

  • MOSCOW, June 17- Russia accused NATO on Wednesday of encroaching on its borders and seeking to change the strategic balance of power, forcing Moscow to take steps to protect its interests and security. "It's not Russia that's approaching someone's borders. It's NATO's military infrastructure that is approaching the borders of Russia, "Kremlin spokesman Dmitry...

  • It also said Greece risked a renewed bout of recession and predicted that the current economic slowdown would accelerate in the second quarter of this year. Time is fast running out for Athens and its creditors to reach a deal before a 1.6 billion euro repayment by Greece to the International Monetary Fund falls due at the end of the month. Austrian Chancellor...

  • BEIJING, June 17- China will cooperate with the International Monetary Fund in an assessment of whether the yuan should be included in the fund's currency basket, known as Special Drawing Rights, China's foreign exchange regulator said on Wednesday.

  • *Yields fall on safety bid as Greece lashes out at lenders. Greece is set to default on a 1.6 billion euro debt repayment to the International Monetary Fund on June 30 unless it receives fresh funds by then. "Europe is the number one driver, and then people are rethinking about where the Fed actually is," said Tom Tucci, head of Treasuries trading at CIBC in New York.

  • June 16- Greece, which may default on an International Monetary Fund repayment later this month unless it receives fresh funds, owes official lenders 242.8 billion euros, according to a Reuters calculation from official data. IMF- Greece was promised a total of 48.1 billion euros by the global lender, of which 16.3 billion is still to come by March 2016 if Athens...

  • Venezuela oil minister sees price rise by end of year Tuesday, 16 Jun 2015 | 12:06 PM ET

    MARACAIBO, Venezuela, June 16- Venezuela's Oil Minister Asdrubal Chavez predicted on Tuesday that crude prices will rise by the end of the year, and called for continued cooperation between OPEC and non- OPEC producers. "We think the market is going to balance towards the end of the year, and we will see a recovery of prices," Chavez told an oil conference in Maracaibo,...

  • LONDON, June 16- British Prime Minister David Cameron on Tuesday promised he would not hold a European Union membership referendum on May 5 next year, his second U-turn in as many weeks to try to placate disgruntled Eurosceptic lawmakers in his Conservative Party. Cameron, who has promised to try to renegotiate Britain's EU relationship before the referendum,...

  • NEW YORK, June 16- U.S. Greece is set to default on a 1.6 billion euro debt repayment to the International Monetary Fund on June 30 unless it receives fresh funds by then. "We had the disappointing German ZEW release and ongoing jitters about the Greek situation," said Ian Lyngen, senior government bond strategist at CRT Capital in Stamford, Connecticut.

  • FACTBOX-What's holding up an EU-U.S. free trade deal? Tuesday, 16 Jun 2015 | 5:28 AM ET

    BRUSSELS, June 16- The European Union and the United States launched negotiations in July 2013 to create a free trade agreement, the Transatlantic Trade and Investment Partnership, with initial hopes of a rapid conclusion. The United States says science shows U.S. products from genetically modified crops to hormone-treated beef are safe, claims met with...