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  • BEIJING, July 22- The world must step up international macroeconomic policy coordination, China's Premier Li Keqiang said on Friday after meeting the heads of the International Monetary Fund, the World Bank, and other senior global economic officials. He made the remarks at a joint briefing with the officials, which also included the heads of the World Trade...

  • BEIJING, July 22- Pressure for China to cut overcapacity comes from within the country, not outside, Premier Li Keqiang said on Friday. China's premier made these comments after meeting the heads of the International Monetary Fund, the World Bank and other senior global economic officials. Li said at a news briefing following the meeting that China's steel...

  • BEIJING, July 22- The world must step up international macroeconomic policy coordination, China's Premier Li Keqiang said on Friday after meeting the heads of the International Monetary Fund, the World Bank, and other senior global economic officials.

  • FRIDAY, JULY 22 BEIJING- Chinese Premier Li Keqiang will hold a roundtable with World Bank President Jim Yong Kim, International Monetary Fund Managing Director Christine Lagarde, World Trade Organization Director-General Roberto Azevedo, International Labor Organization Director-General Guy Ryde, Organization for Economic Cooperation and...

  • FRIDAY, JULY 22 BEIJING- Chinese Premier Li Keqiang will hold a roundtable with World Bank President Jim Yong Kim, International Monetary Fund Managing Director Christine Lagarde, World Trade Organization Director-General Roberto Azevedo, International Labor Organization Director-General Guy Ryde, Organization for Economic Cooperation and...

  • FRIDAY, JULY 22 BEIJING- Chinese Premier Li Keqiang will hold a roundtable with World Bank President Jim Yong Kim, International Monetary Fund Managing Director Christine Lagarde, World Trade Organization Director-General Roberto Azevedo, International Labor Organization Director-General Guy Ryde, Organization for Economic Cooperation and...

  • WEDNESDAY, JULY 20 BEIJING- World Bank Group President Jim Yong Kim to visit China. THURSDAY, JULY 21 JAKARTA- Indonesia central bank rate decision- 0700 GMT. PRETORIA- South African Reserve Bank rate decision- 1300 GMT.

  • WASHINGTON, July 18- The World Bank on Monday confirmed New York University economics professor Paul Romer as its next chief economist, bringing in a prominent voice advocating for investment in human capital and innovation. "We're most excited about his deep commitment to tackling poverty and inequality and finding innovative solutions that we can take to...

  • LIMA, July 18- A World Bank panel rejected a lawsuit filed against Peru which charged the nation with failing to clean up pollution tied to a smelter, the government said on Monday, but the company bringing the suit pledged to refile it immediately. New York- based Renco Group Inc sued Peru for $800 million in 2011, accusing it of failing to clean the soil around the La...

  • LIMA, July 18- A World Bank panel has rejected an $800 million lawsuit filed against Peru for allegedly failing to clean up and take legal responsibility for pollution tied to a smelter in the South American nation, the Peruvian government said on Monday. New-York- based Renco Group Inc sued Peru in 2011, accusing it of failing to clean the soil around the La Oroya...

  • *Financing of $2 bln in bonds plus loans from US, IMF, World Bank. BAGHDAD, July 14- Iraq, pressured by lower-than-expected oil prices, will cut non-oil spending in its 2016 budget by 15 percent and take on several billion dollars in international debt, it said in a memo which the International Monetary Fund released on Thursday. Iraq said other financing sources for...

  • Group of workers at a small parts manufacturing factory in China.

    While many investors have shunned emerging markets over their volatility, the post-Brexit world has made them suddenly much more attractive.

  • LAGOS, July 11- The private sector arm of the World Bank said it has granted a $73.5 million loan to support development of a terminal to export fertilizers at Port Harcourt in Nigeria's Niger Delta, which will help increase the country's non-oil exports. The new terminal, a joint venture between Indorama Eleme Petrochemicals Limited and Oil and Industrial...

  • THURSDAY, JUNE 30 NEW DELHI- World Bank Group President Jim Yong Kim holds a press conference to share his thoughts on and highlights of his India visit, including on meetings with Prime Minister Narendra Modi and Finance Minister Arun Jaitley. SEOUL- South Korean Finance Minister Yoo Il-ho to speak on the latest developments of the Korean economy and ways to...

  • TUESDAY, JUNE 28 NEW DELHI- World Bank Group President Jim Yong Kim on a two-day visit to India. ANKARA- Turkey central bank to publish the minutes of its policy meeting held on June 21- 1100 GMT. LONDON- Bank of Zambia Governor Denny Kalyalya, Kenya central bank Deputy Governor Sheila Mbijiwe and African Development Bank former Chief Economist Mthuli Ncube at "...

  • BEIJING, June 26- The China-led Asian Infrastructure Investment Bank will be different from institutions like the World Bank because it has a greater understanding of the developing world's needs, officials said on Sunday at its first annual meeting. Compared with the Asian Development Bank, World Bank and other multilateral development banks, the AIIB's...

  • CANNES, June 24- WPP Chief Executive Officer Sir Martin Sorrell predicted on Friday a slowdown of the world economy after Britain voted in favour of leaving the European Union. My guess is that the next forecast from the World Bank or the IMF is going to be even more conservative. " Sorrell said that WPP, the world's largest advertising company, was in danger of losing...

  • FRIDAY, JUNE 17 MAKATI CITY, Philippines- World Bank lead economists Jan Rutkowski and Aleksandra Posarac to discuss the report "Labor Market Review: Employment and Poverty in the Philippines"- 0300 GMT. HANOI- Asian Development Bank President Takehiko Nakao holds a press conference as he wraps up his three-day Vietnam visit- 0630 GMT. BANGKOK- Bank of Thailand...

  • MONTEVIDEO, June 15- Uruguay's government said on Wednesday it would hedge against oil prices rising above $55 a barrel to avoid exposing the country to volatile swings in the commodity's price. The country, which imports all the crude oil it uses, said it would hedge 6 million barrels of oil with the World Bank, in case crude's price averages more than $55 per...

  • MONTEVIDEO, June 15- Uruguay's government said on Wednesday it would hedge 6 million barrels of oil for payout if the price of crude rises above $55 per barrel as it tries to limit exposure to volatile petroleum prices. This time, the $16 million agreement is with the World Bank. Risk would be transferred from the World Bank to the market, officials said at a press...