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  • PARIS, April 11- France will seek tougher EU sanctions on people who help to facilitate tax evasion and a G20 blacklist of uncooperative tax havens, the Finance Ministry said on Monday following the Panama Papers leaks. Since signing up in principle last year, Panama has rowed back, saying it could not meet all the reporting standards required for automatic...

  • Just over 10 hours of overnight negotiations between Athens and its lenders- the European Commission, the European Central Bank, European Stability Mechanism and the International Monetary Fund- broke off shortly before 0400 GMT. The review has dragged on for months mainly due to a rift among the lenders over Greece's projected fiscal shortfall by 2018-...

  • WASHINGTON, April 11- The World Bank said on Monday it expects its nonmarket rate lending to top $43 billion in the current fiscal year as developing countries face economic headwinds, bringing its total for the past four years to more than $150 billion. "We are in a global economy where growth is expected to remain weak, so it is critically important that the World...

  • "We must work with our partners to further modernize the IMF, allowing it to intensify scrutiny of critical issues like exchange rates, current account imbalances, and shortfalls in global aggregate demand," Lew said in a speech before the Council on Foreign Relations in Washington. The IMF is expected to cut its global growth forecasts this week when government...

  • BRUSSELS, April 11- French container shipping group CMA CGM has offered concessions in a bid to win European Union antitrust approval for its $2.4 billion takeover of Singaporean rival Neptune Orient Lines. CMA CGM, which ranks behind No. 1 Maersk Line and Swiss peer MSC in global shipping, submitted the concessions on Thursday, a filing on the European...

  • Just over ten hours of overnight negotiations between Athens and its lenders- the European Commission, the European Central Bank, European Stability Mechanism and the International Monetary Fund- broke off shortly before 0400 GMT. Athens and its lenders have agreed to use 3 percent as the baseline scenario in the Athens- based talks. The IMF, which will decide...

  • WORLD BANK CUTS 2016 DEVELOPING EAST ASIA PACIFIC GROWTH FORECAST TO 6.3 PCT FROM 6.4 PCT PREVIOUSLY, 2017 FORECAST TO 6.2 PCT FROM 6.3 PCT.

  • WORLD BANK SAYS BASE CASE FOR GROWTH OUTLOOK IS SUBJECT TO "ELEVATED RISKS".

  • WORLD BANK KEEPS 2016 CHINA GROWTH FORECAST UNCHANGED AT 6.7 PCT, 2017 GROWTH FORECAST ALSO UNCHANGED AT 6.5 PCT.

  • SINGAPORE, April 11- The World Bank trimmed its 2016 and 2017 economic growth forecasts for developing East Asia and Pacific, and said the outlook was clouded by risks such as uncertainty over China's growth prospects, financial market volatility and further falls in commodity prices. The Washington- based lender now expects the developing East Asia and...

  • SINGAPORE, April 11- The World Bank trimmed its 2016 and 2017 economic growth forecasts for developing East Asia and Pacific, and said the outlook was clouded by risks such as uncertainty over China's growth prospects, financial market volatility and further falls in commodity prices. Latest GDP growth projections, percent:. East Asia and 5.7 5.7 5.7.

  • WASHINGTON, April 10- The International Monetary Fund said on Sunday that a move to negative rates by some of the world's central banks would help deliver extra monetary stimulus and ease lending conditions. They have achieved this by cutting deposit rates into negative territory, ranging from minus five basis points in Hungary to minus 125 basis points in...

  • QUITO, April 8- Latin America's main oil exporters on Friday called on both OPEC and non- OPEC nations to take action to stabilize oil markets, in a timid statement that did not explicitly back an output freeze or offer more aggressive proposals to shore up slumping prices. Delegations from Colombia, Ecuador, Mexico and Venezuela met in Quito in the run-up to a...

  • Nigeria, Africa's biggest economy, is facing its worst crisis in decades as the falling price of oil has slashed revenues, prompting the central bank to peg the currency and introduce curbs to protect foreign exchange reserves, which have fallen to 11- year lows. The International Monetary Fund has called on Nigeria to lift the curbs and let the naira currency...

  • BRUSSELS/ ATHENS, April 8- The EU and IMF met in Brussels on Friday to agree on how to coax Greece into more economic reforms linked to its bailout and unlock more funds, with one EU official saying they hoped for a deal by Sunday. Mission chiefs of Greece's European Union and International Monetary Fund lenders left Athens for consultations in Brussels, adjourning...

  • BRUSSELS, April 8- Mission chiefs of Greece's European Union and International Monetary Fund lenders held talks in Brussels on Friday on the country's key bailout review, a European Commission spokeswoman said, stressing that they were long-scheduled. "They will return within the day," Commission spokeswoman Annika Breidthardt said, adding that euro zone...

  • BERLIN, April 8- German exports bounced back in February, rising at the strongest rate in five months and beating expectations as demand from the country's European partners jumped. Imports edged up 0.4 percent, widening Germany's trade surplus to 19.8 billion euros. A breakdown of unadjusted data showed demand from European Union countries rose 5.5 percent...

  • *EU, Ukraine have huge stake in making treaty work. GORODOK, Ukraine, April 8- Ukraine's Association Agreement with the European Union was meant to lure the bread basket of the former Soviet Union away from its longstanding ties with Russia by offering better access to the EU market. The disruption sent exports to Russia into freefall and depressed sales to the...

  • LAGOS, April 7- Nigeria will get $200 million in badly-needed hard currency from oil majors to pay for fuel imports and ease petrol shortages hitting the OPEC producer, the head of state-run oil firm NNPC said. Africa's top oil producer, which needs to import most of its fuel needs, suffers from hard currency shortages due to a slump in vital oil revenues.

  • The case has led to renewed pressure on the European Union to be as firm as the United States and China in imposing redressive import duties to counter dumping or perceived unfair subsidies. Brussels opened three anti-dumping investigations into Chinese steel products in February but will not impose any measures until November. The European Commission,...