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World Economy International Organizations

  • KIEV, April 10- Ukraine's central bank governor, Valeria Gontareva, resigned on Monday, depriving the country of a tough reformer capable of taking on vested interests at a time when the economy is just recovering from a steep recession. The resignation-- effective on May 10 if it is accepted by the president-- comes a week after the International Monetary Fund, which...

  • KIEV, April 10- Ukraine's central bank governor, Valeria Gontareva, resigned on Monday, depriving the country of a tough reformer capable of taking on vested interests at a time when the economy is just recovering from a steep recession. The resignation-- effective on May 10 if it is accepted by the president-- comes a week after the International Monetary Fund, which...

  • LONDON, April 10- The European Medicines Agency has had expressions of interest to host the London- based regulator from 21 of the 27 countries that will form the European Union once Britain leaves, revealing rivalry from Amsterdam to Zagreb for a prized institution. The European Medicines Agency, Europe's equivalent of the U.S. Food and Drug Administration, is...

  • *Libya's Sharara oilfield shut again- source. *OPEC cuts, tension over Syria support market. LONDON, April 10- Oil rose further above $55 a barrel on Monday, supported by another shutdown at Libya's largest oilfield and heightened tension over Syria following the U.S. missile strike.

  • ZURICH, April 10- Nearly two out of three top executives want Switzerland to put ties with the European Union on a new footing by adopting a comprehensive treaty replacing the existing patchwork of bilateral sectoral accords, a survey by UBS has found. It also shows a split between business and right-wing political parties that oppose ceding too much power to...

  • *Libya's Sharara oilfield shut again- source. *OPEC cuts, tension over Syria support market. LONDON, April 10- Oil rose further above $55 a barrel on Monday, supported by another shutdown at Libya's largest oilfield and heightened tension over Syria following the U.S. missile strike.

  • LONDON, April 10- Britain is expected to radically overhaul agricultural policy after it leaves the European Union and the bloc may have to make changes too when it loses Britain's net contributions to the region's farming budget. For the first time in decades, farmers in Britain will have to fight for a slice of government funds with departments such as health...

  • *U.S. exports to world to rise as OPEC cuts. SINGAPORE, April 10- Oil prices rose on Monday, supported by strong demand and uncertainty over the conflict in Syria, although another run-up in U.S. drilling activity kept a lid on gains. Brent crude futures, the international benchmark for oil prices, were at $55.49 per barrel at 0701 GMT, up 25 cents, or 0.45 percent, from...

  • U.S. United Nations Ambassador Nikki Haley speaks at the Security Council meeting on February 21, 2017 at UN Headquarters in New York.

    U.S. Ambassador to the United Nations Nikki Haley said in an interview that she sees regime change in Syria as one of the Trump administration's priorities in the country wracked by civil war.

  • Ambassador to the United Nations Nikki Haley said in an interview that she sees regime change in Syria as one of the Trump administration's priorities in the country wracked by civil war. Defeating Islamic State, pushing Iranian influence out of Syria, and the ouster of Syrian President Bashar al-Assad are priorities for Washington, Haley said in an interview...

  • VALLETTA, April 8- European Union states should continue reforming corporate rules to tackle tax avoidance, EU tax commissioner Pierre Moscovici told finance ministers on Saturday, as some smaller nations urged slower reform to avoid scaring away big corporations. In a paper to be discussed at a meeting of EU finance ministers in Valletta on Saturday, Malta,...

  • VALLETTA, April 8- European Union states should continue reforming corporate rules to tackle tax avoidance, EU tax commissioner Pierre Moscovici told finance ministers on Saturday, as some smaller nations urged slower reform to avoid scaring away big corporations. In a paper to be discussed at a meeting of EU finance ministers in Valletta on Saturday, Malta,...

  • BUENOS AIRES, April 7- Free-market policies adopted by Argentina over the last 16 months are working and should lead to an economic rebound, the International Monetary Fund said on Friday, calling on the country to deepen reforms as October elections approach. "While these reforms can be challenging, and take some time to bear fruit, sustained effort would...

  • *Carney says will try to keep some euro clearing in London. LONDON, April 7- Bank of England Governor Mark Carney called on Friday for Britain and the European Union to reach a sweeping deal to recognise each others' bank rules after Brexit, or risk a potentially damaging hit to financial services across Europe. Speaking at Thomson Reuters' London office, Carney said...

  • *Tax transparency could increase disputes- Malta. VALLETTA, April 7- Malta's presidency of the European Union said on Friday the bloc should slow down its drive against corporate tax avoidance because it might hurt Europe's economy by increasing legal uncertainty. In a paper to be discussed by EU finance ministers in Valletta on Friday and Saturday, Malta, which...

  • LONDON, April 7- Bank of England Governor Mark Carney called on Friday for Britain and the European Union to reach a sweeping deal to recognize each others' bank rules after Brexit or risk a potentially damaging hit to financial services across Europe. Carney said in a speech at Thomson Reuters' London office that banks had to be ready for a "hard" Brexit and he set a...

  • LONDON, April 7- Bank of England Governor Mark Carney called on Friday for Britain and the European Union to recognise each others' bank rules after Brexit or risk a potentially damaging hit to financial services across Europe. Carney also said in a speech at Thomson Reuters' London office that the BoE and banks had to be ready, simply for contingency reasons, for a "...

  • *Oil supplies remain abundant despite OPEC cuts. SINGAPORE, April 7- Oil futures surged more than 2 percent to a one-month high on Friday after the United States launched dozens of cruise missiles at an airbase in Syria, with prices later dropping back as there seemed no immediate threat to supplies. Although Syria has limited oil production, its location in the...

  • LONDON, April 6- How Britain's divorce negotiations with the European Union progress will decide whether sterling sinks possibly as low as $1.10 or bounces as high as $1.50 in the coming year, a Reuters poll of foreign exchange strategists found. Several analysts said it would sink to $1.10-- a level not seen since 1985, just before the United States devalued the...

  • SINGAPORE, April 7- Oil prices dipped on Friday as ongoing concerns about oversupply outweighed an OPEC- led production cut and strong refinery activity. Brent crude futures, the international benchmark for oil, were at $54.85 per barrel at 0109 GMT, down 4 cents from their last close. Both figures, however, were higher than at any time during the second half of 2016,...