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  • LIMA, Oct 9- The world's rich countries most likely will be able to reach the goal of providing $100 billion a year by 2020 to help poor countries combat and adapt to climate change, as the result of increased pledges made in Lima, key ministers said on Friday. "This bodes well for meeting the goal of $100 billion," French Foreign Minister Laurent Fabius told a news...

  • LIMA, Oct 9- Global finance leaders believe China will weather its slowing growth and manage a successful transition from an export to a consumer economy despite a huge buildup of internal debt in the world's second largest economy. China's Deputy Central Bank Governor Yi Gang was keen to reassure his peers at this week's IMF meetings in Lima, saying a recent...

  • LIMA, Oct 9- The Group of 20 major economies have endorsed a package of measures to tackle corporate tax avoidance, but questions remain about whether countries will follow through on the plans or leave loopholes multinationals can exploit. The ministers reached the agreement against a backdrop of concern about weak economic growth, tight government...

  • DIARY-Top Economic Events to Oct 21 Thursday, 8 Oct 2015 | 8:01 PM ET

    LIMA- World Bank holds a discussion on " Unleashing Private Investment in Renewable Energy"- 1600 GMT. LIMA- IMF/World Bank discussion on "Combating Illicit Financial Flows: Turning Commitments into Action"- 1600 GMT. LIMA- IMF/World Bank discussion on "Structural Reforms, Inequality, and Growth"- 1630 GMT.

  • LIMA, Oct 8- Brazilian top economic policymakers tried to reassure investors that Latin America's largest economy will weather a deepening political crisis that threatens to unseat embattled President Dilma Rousseff. In a surprisingly candid comment, Finance Minister Joaquim Levy acknowledged to a crowd of investors at the International Monetary...

  • BERLIN, Oct 8- German Finance Minister Wolfgang Schaeuble said on Thursday he would propose a monitoring scheme to ensure the full implementation of a proposed system that will overhaul the way international companies are taxed. The Organisation for Economic Co-operation and Development published proposals on Monday to change outdated tax rules that...

  • LIMA, Oct 8- Finance leaders of Japan, China and South Korea on Thursday warned that global economic growth fell short of expectations in light of recent market volatility, and agreed to assess spillovers and risks to the Asian economy. "We are committed to implementing timely and effective macroeconomic policies to help keep the domestic and regional economic...

  • IMF's Lagarde says open to a second term if called Thursday, 8 Oct 2015 | 3:28 PM ET

    LIMA, Oct 8- International Monetary Fund Managing Director Christine Lagarde said on Thursday she is open to serving a second term at the helm of the global lender. "I'm certainly open to the fact that it would not be my last annual meeting, but this is not for me to decide, it's for the membership," she said at a press conference during the Fund's annual meeting in Lima,...

  • Forget Mexico—Is Peru the secret success story? Thursday, 8 Oct 2015 | 2:03 AM ET
    Lima, Peru

    With finance ministers and central bank governors assembled in Lima, Peru is increasingly being hailed as Latin America's secret success story.

  • DIARY-Top Economic Events to Oct 20 Wednesday, 7 Oct 2015 | 8:01 PM ET

    LIMA- IMF/World Bank discussion on "Financial Inclusion: Can It Meet Multiple Macroeconomic Goals?" LIMA- IMF/World Bank discussion on "Fragility in Middle Income Countries: New Ideas for Unique Challenges"- 1500 GMT. LIMA- IMF/World Bank discussion on " Latin America in the Spotlight: New Challenges for Central Banking in Latin America"- 1645 GMT.

  • *Brazil real seen down 8 pct, S. Africa rand 4 pct weaker. *Brazil, China, Switzerland likely to intervene- analysts. BRASILIA/ BENGALURU, Oct 7- Emerging market currencies will slide further in coming months as investors fret over a slowdown in the global economy and seek safer havens, a Reuters poll showed on Wednesday.

  • NEW YORK, Oct 6- Ten months into her stewardship of Ukraine's shattered economy, Finance Minister Natalia Yaresko on Tuesday brushed aside the idea that the "win-win" terms of the country's sovereign debt restructuring will ultimately fail to fix its finances. All of the IMF's criteria were met and it solved Ukraine's liquidity and solvency problems, she said.

  • TAKE A LOOK -IMF, World Bank meetings in Lima Tuesday, 6 Oct 2015 | 10:43 AM ET

    Finance ministers and central bankers from around the world are gathering in Lima this week for meetings of the International Monetary Fund and the World Bank. >IMF cuts global growth forecasts again, cites commodity and China worries. >IMF sees China slowdown risks, urges Beijing to float yuan.

  • WASHINGTON, Oct 6- U.S. exports took a hit from an ailing global economy in August and imports from China surged, fueling the largest expansion of America's trade deficit in five months. The data released on Tuesday by the Commerce Department illustrates the U.S. economy's vulnerabilities to a strong dollar and weak demand in foreign markets, which could impose...

  • WASHINGTON, Oct 6- U.S. exports took a hit from an ailing global economy in August and imports from China surged, fueling the largest expansion of America's trade deficit in five months. The data released on Tuesday by the Commerce Department illustrates the U.S. economy's vulnerabilities to a strong dollar and weak demand in foreign markets, which could impose...

  • *Japan, China finance ministers to hold bilateral meeting in Lima. *Japan, China to discuss economy, financial cooperation-Aso. TOKYO, Oct 6- Japan, China and South Korea are discussing a possible trilateral meeting of their finance ministers in Peru this week, Finance Minister Taro Aso said, which could pave the way for a summit among the countries to soothe...

  • DIARY-Top Economic Events to Oct 19 Monday, 5 Oct 2015 | 8:01 PM ET

    LIMA- International Monetary Fund/World Bank discussion on " Ensuring Inclusive Development: Good Practices in Promoting Accountability in Latin America"- 1700 GMT. LIMA- International Monetary Fund/World Bank discussion on "Labor Market's Impact from the Slowdown in Latin America"- 1900 GMT. LIMA- International Monetary Fund/World Bank holds Youth...

  • *Central banks meet in Britain, Japan, Australia. FRANKFURT, Oct 2- Flanked by interest rate decisions in Britain, Japan and Australia, the IMF's annual meeting in Lima takes centre stage in the calendar next week, with policymakers focusing on China's economic slide and its impact on the rest of the world. The world's biggest economy, the United States is one of the...

  • Glencore seeking buyers Friday, 2 Oct 2015 | 10:00 AM ET
    Glencore seeking buyers

    Glencore is scrambling to sell its metal-byproducts business and agricultural business as it deals with high debt.

  • DIARY-Top Economic Events to Oct 15 Thursday, 1 Oct 2015 | 8:01 PM ET

    BOSTON- Federal Reserve Bank of Boston President Eric Rosengren gives welcome and opening remarks before the "Macro Prudential Monetary Policy" conference hosted by the Federal Reserve Bank of Boston- 1230 GMT. BOSTON- Federal Reserve Bank of Boston President Eric Rosengren is presenter and Federal Reserve Bank of Minneapolis President Narayana...