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International Organizations World Bank

  • Robots could displace millions of jobs with industries favoring a digital revolution at the expense of human workers, according to a UN report.

  • MOSCOW, Nov 9- Russia's economic outlook has improved and the commodity-dependent economy is set to return to growth as soon as next year, the World Bank said on Wednesday. "This growth upsurge, however, is unlikely to turn the tide in terms of building a more diversified economy," the World Bank said in a regular report. Adding a note of caution, the World Bank said...

  • MONDAY, OCTOBER 31 NAIROBI- World Bank releases its latest economic update for Kenya- 0430 GMT. COLOMBO- Central Bank of Sri Lanka announces interest rate decision. TUESDAY, NOVEMBER 1 SEOUL- Bank of Korea to publish the minutes of October policy meeting- 0700 GMT.

  • WELLINGTON, Oct 26- New Zealand has edged out Singapore to take top spot for ease of doing business in the World Bank's latest rankings, but money laundering experts warned the honour masked the darker side of the Pacific nation's vulnerability as a channel for illegal funds. In its annual "Doing Business" report released on Tuesday, the World Bank cited tax...

  • Indonesia improves standing in Doing Business rankings

    Following reforms to simplify business regulations, it now only takes 22 days to start a business in Indonesia, says the World Bank's Rita Ramalho.

  • WASHINGTON, Oct 25- New Zealand edged out Singapore as the easiest country for doing business in the World Bank's latest rankings, while several emerging market countries improved the most by pursuing business-friendly reforms. In its annual "Doing Business" report, the World Bank cited reductions in labor-related taxes and new regulations that make paying...

  • MOSCOW, Oct 25- Doing business in Russia became easier over the past year but Moscow needs to work on increasing competition in the economy, the World Bank said on Tuesday. Russia advanced to 40th of 190 countries in the World Bank's 2017 business rankings from 51st in 2016, between Bulgaria and Hungary and closer to an ambitious target set by President Vladimir...

  • ABUJA, Oct 10- Nigeria managed to raise only 55 percent of its six-month revenue target in the first six months of 2016, its budget minister said on Monday. He also said Nigeria hope to get a loan "soon" from the World Bank, part of efforts to raise as much as $5 billion to fund a deficit of 2.2 trillion naira. Nigeria can expect a loan worth $1 billion to support its budget...

  • SATURDAY, OCTOBER 8 WASHINGTON- International Monetary and Financial Committee holds a news conference 2016 Annual Meetings of the World Bank Group and the International Monetary Fund- 1615 GMT. WASHINGTON- National Bank of Romania Deputy Governor Liviu Voinea, Central Bank of Russia First Deputy Governor Ksenia Yudaeva and Central Bank of Hungary...

  • SATURDAY, OCTOBER 8 WASHINGTON- International Monetary and Financial Committee holds a news conference 2016 Annual Meetings of the World Bank Group and the International Monetary Fund- 1615 GMT. TUESDAY, OCTOBER 11 LONDON- Bank of England's Monetary Policy Committee member Michael Saunders speaks in parliament- 0900 GMT. LONDON- Bank of England's financial...

  • ConocoPhillips said PDVSA operations, including an ongoing bond swap that uses shares in Citgo Holding Inc as collateral, are part of an effort to prevent Conoco from collecting compensation in a dispute over a 2007 nationalization of its Venezuela holdings. ConocoPhillips has for nearly a decade been pursuing a case against Venezuela in a World Bank...

  • FRIDAY, OCTOBER 7 WASHINGTON- The International Monetary Fund and the World Bank Group hold their 2016 annual meetings WASHINGTON- Brazilian Finance Minister Henrique Meirelles and Brazilian central bank chief Ilan Goldfjan speak at Brazil conference on the sidelines of the IMF fall meeting. SATURDAY, OCTOBER 8 WASHINGTON- National Bank of Romania Deputy...

  • BRASILIA, Oct 6- Brazil's economy is on track to pull out of its worst recession on record despite a string of negative economic data this week, Finance Minister Henrique Meirelles told Reuters on Thursday. In a telephone interview from the sidelines of the International Monetary Fund and World Bank fall meetings in Washington, Meirelles said he is sticking by...

  • *Deutsche Bank problems loom over IMF, World Bank meetings. Their comments at the start of the International Monetary Fund and World Bank fall meetings signaled frustration with persistently low growth rates and the surge of public anger over free trade and other pillars of the global economic system. The meetings are the first since Britain voted in June to...

  • BRASILIA, Oct 6- A rash of poor data does not threaten an economic recovery in Brazil, and its government is on track to approve sweeping reforms to shield the nation from global downturns, Finance Minister Henrique Meirelles told Reuters on Thursday. In a telephone interview from the sidelines of the International Monetary Fund and World Bank fall meetings in...

  • *Deutsche Bank problems loom over IMF, World Bank meetings. Their comments at the start of the International Monetary Fund and World Bank fall meetings signaled frustration with persistently low growth rates and the surge of public anger over free trade and other pillars of the global economic system. The meetings are the first since Britain voted in June to...

  • "Markets have responded well," Finance Minister Mauricio Cardenas said during a panel at the International Monetary Fund and World Bank meetings in Washington, arguing there has been "stability" in foreign exchange markets.

  • "If that transformation is successful, China will continue to have a stable share of global growth," he said while participating on a panel at the International Monetary Fund and World Bank meetings in Washington.

  • Alan Greenspan, former Federal Reserve chairman and president and founder of Greenspan Associates.

    Fed Chair Janet Yellen has no choice but to endure allegations of political bias, ex-central bank chief Alan Greenspan tells CNBC.

  • Lagarde told Bloomberg Television at the IMF and World Bank fall meetings in Washington that Deutsche Bank must "decide what size it wants to have and how it wants to strengthen its balance sheet. Market worries about Deutsche Bank's balance sheet in the face of a U.S. government demand for $14 billion in fines have cast a shadow over the start of the IMF and World...