×

World Economy International Organizations

  • LONDON, May 22- Countries in sub-Saharan Africa need to get their budgets in order, diversify their economies and look after their poorest people. If they do that, there is no reason why the region cannot have the strong growth needed to meet the aspirations of a young and growing population. That, at least, is the three-pillared prescription from the International...

  • LONDON, May 22- Countries in sub-Saharan Africa need to get their budgets in order, diversify their economies and look after their poorest people. If they do that, there is no reason why the region cannot have the strong growth needed to meet the aspirations of a young and growing population. That, at least, is the three-pillared prescription from the International...

  • LONDON, May 22- Countries in sub-Saharan Africa need to get their budgets in order, diversify their economies and look after their poorest people. If they do that, there is no reason why the region cannot have the strong growth needed to meet the aspirations of a young and growing population. That, at least, is the three-pillared prescription from the International...

  • LONDON, May 22- Countries in sub-Saharan Africa need to get their budgets in order, diversify their economies and look after their poorest people. If they do that, there is no reason why the region cannot have the strong growth needed to meet the aspirations of a young and growing population. That, at least, is the three-pillared prescription from the International...

  • BRUSSELS, May 22- Malta let online gambling firms operate from the island across the European Union between at least 2012-2014 while failing to enforce its own rules on monitoring their computer servers, according to a former employee at Maltas gaming regulator. Malta has awarded around 500 online gaming licences, the highest number in Europe.

  • BAGHDAD, May 22- Saudi energy minister Khalid al-Falih will meet with his Iraqi counterpart in Baghdad on Monday as the top oil producer seeks to convince others to extend output cuts for a further nine months ahead of an OPEC meeting on Thursday. The Organization of the Petroleum Exporting Countries meets in Vienna to consider whether to extend the cuts agreed...

  • *OPEC- led supply cut seen extended to March 2018. *Soaring U.S. production also undermines OPEC efforts. SINGAPORE, May 22- Oil rose on Monday, pushed by reports that an OPEC- led supply cut may not just be extended into 2018 but might be deepened to tighten the market and prop up prices.

  • BAGHDAD, May 22- Saudi oil minister Khalid al-Falih will visit Iraq on Monday to discuss the extension of an OPEC- led oil output cut with his counterpart, Iraq oil ministry spokesman Asim Jihad said. The Organization of the Petroleum Exporting Countries meets in Vienna on May 25 to consider whether to extend output cuts agreed in December last year between OPEC...

  • *OPEC overcomes suspicions to talk to funds and traders. *OPEC and non- OPEC oil ministers meet on Thursday. Barkindo, elected to OPEC's top job in June 2016 to deal with an oil price slump, told Morse that OPEC wanted to better understand the way financial players worked in the oil markets.

  • *OPEC- led supply cut seen extended to March 2018. *Soaring U.S. production also undermines OPEC efforts. SINGAPORE, May 22- Oil prices rose on Monday, supported by reports that an OPEC- led supply cut may not only be extended into next year but might also be deepened to tighten the market and prop up prices.

  • LONDON, May 19- OPEC ministers head to Vienna next week where they are expected to ratify an extension of the current production cuts that has been agreed informally among the key participants. Saudi Arabia and Russia announced earlier this week that they have agreed on the need to extend OPEC and non- OPEC output cuts for a further nine months until March 2018.

  • SINGAPORE, May 22- Oil prices rose on Monday, supported by reports that an OPEC- led supply cut would not only be extended into next year but might also be deepened in order to tightening the market and prop up prices. Prices have been lifted by expectations that a pledge by the Organization of the Petroleum Exporting Countries and other producers, including Russia,...

  • Without the deal, no new loans can be disbursed to Athens, even though the bailout is now handled only by euro zone governments, and Greece needs new credit to repay some 7.3 billion euros worth of maturing loans in July. Without the loans, Athens is likely to default- a bad start for a country that wants to return to market financing next year when its latest bailout,...

  • BRUSSELS, May 21- Malta let online gambling firms operate from the island across the European Union between at least 2012-2014 while failing to enforce its own rules on monitoring their computer servers, according to a former employee at Maltas gaming regulator. Malta has awarded around 500 online gaming licences, the highest number in Europe.

  • *OPEC panel looked into extension and deeper cut scenario. *OPEC, non- OPEC meet on May 25 in Vienna. RIYADH, May 21- OPEC and other oil producers are on course to agree an extension of supply cuts at a meeting on Thursday, with Saudi Arabia saying most participants are on board with the plan to rein in a global supply glut.

  • Saudi Arabia and non- OPEC member Russia, the world's top two oil producers, have agreed on the need to prolong the current deal on cuts, which expires in June, until March 2018. The panel, the Economic Commission Board, does not set policy and its meeting precedes the gathering of OPEC and non- OPEC oil ministers on May 25 to decide whether to extend beyond June 30 their...

  • RIYADH, May 20- Saudi Finance Minister Mohammed al-Jadaan said on Saturday the speed of the kingdom's fiscal consolidation was generally right, but that authorities may slow it a bit in line with recommendations by the International Monetary Fund.

  • MOSCOW, May 20- Russia has sent a request to the World Trade Organisation asking to hold consultations over Ukraine's sanctions against Moscow, in place since 2014, Russian Economy Minister Maxim Oreshkin was quoted as saying by Russian news agencies on Saturday. He added that the request was regarding restrictions on Russian goods, services, transit and...

  • BERLIN, May 20- Health ministers of the G20 leading economies, meeting for the first time on Saturday, agreed to work together to tackle issues such as a growing resistance to antibiotics and to start implementing national action plans by the end of 2018.. Germany, which holds the G20 presidency this year, said it was an "important breakthrough" that all nations had...

  • President Donald Trump has sharply attacked NAFTA for months, and on Thursday his government triggered the process to start overhauling the deal that binds the United States, Canada and Mexico, potentially ushering in formal talks by mid-August. "In our view NAFTA is an agreement that doesn't just serve Canada and Mexico, but also the United States," he said at a...