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  • July 23- Russian adventurer Fedor Konyukhov has set a world record for circumnavigating the globe solo in a hot air balloon in a time of just over 11 days, Australian national broadcaster the ABC reported. Konyukhov, 64, who embarked on his epic journey from Northam in Western Australia on July 12, beat the previous record of 13-1/ 2 days set in 2002 by the late Steve...

  • CHENGDU, China, July 23- The world's leading economies will step up efforts to lift global economic growth and share the benefits more broadly, top policymakers meeting in China said on Saturday, as they seek to counter growing dissatisfaction with globalisation. Finance ministers and central bankers from the Group of 20 are huddling in China's southwestern...

  • LONDON, July 23- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. July 23 French Finance Minister Michel Sapin appears to have got the memo from German Chancellor Angela Merkel and is watering down the hard-line message on Brexit from his boss,...

  • LONDON, July 23- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. July 23 French Finance Minister Michel Sapin appears to have got the memo from German Chancellor Angela Merkel and is watering down the hard-line message on Brexit from his boss,...

  • LONDON, July 23- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. July 23 French Finance Minister Michel Sapin appears to have got the memo from German Chancellor Angela Merkel and is watering down the hard-line message on Brexit from his boss,...

  • LONDON, July 23- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. July 23 French Finance Minister Michel Sapin appears to have got the memo from German Chancellor Angela Merkel and is watering down the hard-line message on Brexit from his boss,...

  • CHENGDU, China, July 23- The G20 economies will reiterate their determination to use all policy tools, individually and collectively, to achieve their goal of strong, sustainable and balanced growth, according to a draft of the G20 communique seen by Reuters on Saturday. "We are making further progress towards the implementation of our growth strategies, as is...

  • *'Helicopter money' is prohibited in Japan, advanced world. CHENGDU, China, July 23- Bank of Japan Governor Haruhiko Kuroda said on Saturday he would ease policy further if necessary to achieve its 2 percent inflation goal, while reiterating a commitment to continue with the current stimulus until prices are anchored there. Kuroda went on to say that the major topic...

  • CHENGDU, China, July 23- Britain was unprepared for the outcome of the referendum to leave the European Union and so should be given time to respond, but it should not take too long because of the damaging uncertainty, French Finance Minister Michel Sapin said. Britain voted on June 23 to leave the 28- nation EU, but has not yet given formal notice- a moment from which it...

  • CHENGDU, China, July 23- China has demonstrated commitment to moving toward a market-driven exchange rate, said a senior U.S. That's an important step, "he said, noting that China in recent months had intervened in currency markets to keep the yuan from falling. He also said he saw a path for China to manage a soft landing for its economy.

  • CHENGDU, China, July 23- Britain's vote to leave the European Union may dampen global growth, but European fundamentals are strong and the British economy and banking sector are resilient, European financial leaders will tell their counterparts from the biggest economies on Saturday. Finance ministers and central bank governors from 20 of the world's...

  • CHENGDU, China, July 23- U.S. Treasury Secretary Jack Lew said the United States strongly supports the Turkish government and urged it to investigate the failed coup in a way that reinforces public confidence in democratic institutions and promotes economic stability. Lew made the comments in a meeting with Turkish Deputy Prime Minister Mehmet Simsek on the...

  • CHENGDU, China, July 23- Bank of Japan Governor Haruhiko Kuroda said on Saturday he would ease policy further if necessary to achieve its 2 percent inflation goal, while reiterating a commitment to continue with the current stimulus until prices are anchored there. Speaking to reporters on the sidelines of a G20 meeting of finance ministers and central bankers...

  • MÁD, Hungary, July 22- Two plaques put up in the village of Mád last month commemorate the important role Jewish families played in making Hungary's golden Tokaj wine, most of whom perished in the Holocaust. The plaques mark another step in Hungary on a painful journey in coming to terms with the treatment of its Jews during World War Two when most were handed over...

  • CHENGDU, China, July 23- China has demonstrated commitment to moving toward a market-driven exchange rate, said a senior U.S. He also said he saw a path for China to manage a soft landing for its economy. In the past, China has often been accused of suppressing its exchange rates to support exports, but in recent years the central bank has intervened more frequently to...

  • CHENGDU, China, July 23- Fiscal policy will play a growing role in driving economic growth in the wake of Britain's decision to leave the European Union, but countries will decide for themselves what tools to use, an Asian financial official said on Saturday. "I think fiscal policy will play a bigger role in the wake of Brexit even though it's up to individual...

  • CHENGDU, China, July 23- Italy's Economy Minister Pier Carlo Padoan told Reuters he hopes for clarification on the timing and process of the UK's exit from the European Union. "Brexit has already had an impact," he said, speaking on the sidelines of the G20 conference in Chengdu, China on Saturday. "All international organisations and governments are revising...

  • CHENGDU, China, July 23- Frequent changes to tax regimes create uncertainty, U.S. Treasury Secretary Jack Lew said on Saturday at a G20 meeting of finance ministers and central bankers aimed at promoting economic growth. "Countries create uncertainty when you change your tax laws on a regular basis, or when you enact laws that are unclear both to the taxpayer and...

  • CHENGDU, China, July 23- Fiscal and monetary policies are becoming less effective at spurring economic activity so the world's leading economies need to increase coordination to promote sustainable growth, China's Finance Minister Lou Jiwei said on Saturday. Lou was speaking at the start of a meeting of Group of 20 finance ministers and central bankers in the...

  • CHENGDU, China, July 23- Turkey will strongly adhere to democratic principles and rule of law, Deputy Prime Minister Mehmet Simsek said on Saturday, referring to the government's crackdown in the aftermath of a failed military coup. "From the very beginning, I wanted to say that despite what has happened a week ago in Turkey, that we will continue to strongly adhere...