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  • EDINBURGH, June 15- Britain's June 23 referendum on European Union membership is on a knife edge and, if England dragged Scotland out of the 28- country bloc against its will, Scotland could call another independence vote, Scotland's First Minister Nicola Sturgeon said in an interview with Reuters. "I think it would be a very serious mistake for the UK to vote to...

  • * "Indefensible" for Scotland to be dragged out against will. EDINBURGH, June 15- Britain's referendum on European Union membership is on a knife edge and if England backs an exit that drags Scots out of the bloc against their will, Scotland may call a new vote on independence, First Minister Nicola Sturgeon said. Sturgeon said that if England pulled the United...

  • CARACAS/ HOUSTON, June 14- Venezuela is in talks with China to obtain a grace period in its oil-for-loans deal that would improve the OPEC nation's capacity to make bond payments amid an economic crisis, sources briefed on the proposal have told Reuters. Venezuela has borrowed over $50 billion from China under the financing arrangement created by late...

  • NEW YORK, June 14- Oil prices fell for a fourth straight day on Tuesday, dropping 1 percent as nervousness over Britain's vote next week on whether to leave the European Union overshadowed signs of a return to health for crude after a two-year glut. On Monday, OPEC forecast that the oil market would be more balanced in the second half of 2016 as outages in Nigeria and...

  • BRUSSELS, June 14- European Union member states have agreed rules on money market funds, the bloc's financial services commissioner said on Tuesday, ending three years of deadlock with a compromise that will force half the industry to lay off various risks. An official said that the draft law, prepared by the Netherlands which holds the rotating EU presidency,...

  • NEW YORK, June 14- Oil prices fell more than 1 percent on Tuesday, down for a fourth straight day, pressured by investor nervousness over Britain's vote next week on whether to leave the European Union, which overshadowed signs of a return to health for crude after a two-year glut. On Monday, OPEC forecast that the oil market would be more balanced in the second half of...

  • CARACAS, June 14- Hungry Venezuelans are rioting and looting amid worsening food shortages, but the OPEC country's remote oil fields have been sheltered from the social unrest so far. But Venezuela's blistering economic crisis is hitting them full on. Output in the country, which has the world's largest oil reserves, dropped to 2.37 million barrels per day in May,...

  • LONDON, June 14- Canada's finance minister urged Britons on Tuesday to vote to stay in the European Union in next week's referendum and warned them that jobs with Canadian firms based in Britain could be at risk if the country left the bloc. "The UK already has a better agreement with the European Union today," he told Reuters in a room in Canada's embassy overlooking...

  • NEW YORK, June 14- Oil prices fell 1 percent on Tuesday, down for a fourth straight day, pressured by investor nervousness over Britain's vote next week on whether to leave the European Union, which overshadowed signs of a return to fundamental balance for crude markets. On Monday, OPEC forecast that the oil market would be more balanced in the second half of 2016 as...

  • CARACAS/ HOUSTON, June 14- Venezuela is in talks with China to obtain a grace period in its oil-for-loans deal that would improve the OPEC nation's capacity to make bond payments amid an economic crisis, sources briefed on the proposal have told Reuters. Venezuela has borrowed over $50 billion from China under the financing arrangement created by late...

  • NEW YORK/ LONDON, June 14- Oil prices fell for a fourth straight day on Tuesday, swept lower by investor nervousness over Britain's vote next week on whether to leave the European Union, which overshadowed signs of a return to health for crude markets. On Monday, OPEC forecast that the world oil market would be more balanced in the second half of 2016 as outages in...

  • LONDON, June 14- Canada's Finance Minister Bill Morneau said on Tuesday that its trade agreement with the European Union would be stronger if Britain remained part of the bloc.

  • CARACAS, June 14- Hungry Venezuelans are rioting and looting amid worsening food shortages, but the OPEC country's remote oil fields have been sheltered from the social unrest so far. Venezuela's blistering economic crisis, however, is hitting them full on. Amid a cash crunch, Venezuela's oil fields are suffering from shortages of spare parts, the retreat of oil...

  • BERLIN, June 14- Germany is preparing for increased market volatility if Britain votes to leave the European Union next week, a senior finance ministry official said on Tuesday. If that happened it would also be critical for Germany and other EU countries to demonstrate their determination to continue as a bloc, Jens Spahn, parliamentary state secretary in the...

  • "In" campaigners say the average British household would be 4,300 pounds a year worse off in 15 years if Britain left the EU, compared with staying in. But there is a broad consensus among economists in Britain and bodies such as the International Monetary Fund that a Brexit would make Britain noticeably poorer than if it stayed in, even if there is a range of views on...

  • LONDON, June 14- The oil market is now in balance thanks to unplanned outages and robust demand, particularly from emerging economies, but this equilibrium will tilt into surplus again early next year, the International Energy Agency said on Tuesday. "Again, on the planning assumption that OPEC oil production grows modestly in 2017, we expect to see global oil...

  • BRUSSELS, June 14- European Union finance ministers are worried that the European Commission is not applying the bloc's budget laws in the same way to large and small countries, which undermines confidence in the rules, the chairman of euro zone finance ministers said. Speaking at a hearing in the European Parliament, Dutch Finance Minister Jeroen...

  • BEIJING, June 14- A British exit from the European Union would add to uncertainty at a time of global economic weakness, an International Monetary Fund official said on Tuesday. "It's very hard to anticipate what those effects may be but that uncertainty would be a negative factor and come at a time when the global recovery remains slow and somewhat weak," David...

  • BEIJING, June 14- China needs to implement reforms with more urgency as the economy faces growing vulnerabilities and there are fewer buffers to deal with any shocks, an International Monetary Fund official said on Tuesday. "Corporate debt, though still manageable, is high and rising fast," Lipton said, adding that China needed a comprehensive plan and concrete...

  • LONDON, June 14- Oil supply and demand will balance in the second half of 2016 after a series of unplanned production outages, but the market is expected to tilt into surplus in the first half of next year, the International Energy Agency said on Tuesday. "Again, on the planning assumption that OPEC oil production grows modestly in 2017, we expect to see global oil...