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World Economy Economic Organizations

  • WASHINGTON, Oct 17- The remaining countries of the Trans-Pacific Partnership hope to agree in November on how to preserve the market access enshrined in the trade deal, Mexico's economy minister, Ildefonso Guajardo, said on Tuesday. President Donald Trump took office in January and quickly withdrew the United States from the agreement. Leaders from the...

  • *Canadian dollar at C $1.2539, or 79.75 U.S. cents. Canada sends about 75 percent of its exports to the United States. Trade Representative Robert Lighthizer, Mexican Economy Minister Ildefonso Guajardo and Canadian Foreign Minister Chrystia Freeland are scheduled to meet and take stock of the negotiations before issuing statements at a joint event at 3 p.m..

  • OECD- REVERSAL OF BREXIT WOULD HAVE SIGNIFICANT POSITIVE IMPACT ON ECONOMIC GROWTH.

  • OECD- UK MONETARY POLICY SHOULD REMAIN SUPPORTIVE, BOE SHOULD LOOK THROUGH INFLATION BOOST FROM WEAK POUND.

  • ATHENS, Oct 17- Greece's economy fell into recession again last year, confounding its international creditors who had predicted some growth after years of budget austerity. Years of austerity imposed by the International Monetary Fund and European Union in exchange for bailouts have made many Greeks far poorer and shrunk consumption accordingly.

  • Canada and Mexico are grappling with tough demands by the United States to bring major changes to the North American Free Trade Agreement that are increasing the odds the pact will not survive. Canada sends about 75 percent of its exports to the United States, and its economy could suffer if the agreement is not renewed. "Negative NAFTA sentiment seemed to push...

  • WASHINGTON, Oct 14- A euro zone budget of several hundred billion euros is an ambitious idea, the head of euro zone finance ministers said on Saturday, suggesting loans from the bailout fund and transfers from the existing European Union budget could be more feasible. "Creating a whole new budget, inside or outside the European Union budget, of many hundred billion,...

  • "We need the help of market incentives, market pricing of risks to get the economics right in Europe," Dijsselbloem said on the sidelines of the International Monetary Fund's autumn meetings in Washington. Yet the budget rules, contained mainly in the Stability and Growth Pact that sets limits on government borrowing in European Union countries, have become...

  • TOKYO— Shares rose in Asia on Monday after leaders of global finance appealed at a weekend meeting of the International Monetary Fund for a continuation of low-interest rate policies to keep economic recoveries on track. KEEPING SCORE: Japan's Nikkei 225 index added 0.5 percent to 21,255.56 and Hong Kong's Hang Seng index surged 0.9 percent to 28,733.93.

  • TOKYO— Shares rose in Asia on Monday after leaders of global finance appealed at a weekend meeting of the International Monetary Fund for a continuation of low-interest rate policies to keep economic recoveries on track. KEEPING SCORE: Japan's Nikkei 225 index added 0.6 percent to 21,288.12 and Hong Kong's Hang Seng index surged 1.0 percent to 28,765.25.

  • WASHINGTON— The world economy is the healthiest it's been in years but could still use a little help from low-interest rates and higher government spending from countries that can afford it, the International Monetary Fund says. The 189- member IMF and its sister agency, the World Bank, wrapped up three days of meetings Saturday. Geopolitical risks are rising,...

  • WASHINGTON, Oct 14- International Monetary Fund members gave lukewarm endorsement to a strengthening global economy but conceded they were not out of the woods as they grappled with subdued inflation, low potential growth and an uneven recovery that clouded the outlook. "Structural reforms that were difficult to do in hard times would be much easier in better...

  • WASHINGTON, Oct 14- A euro zone budget of several hundred billion euros is an ambitious idea, the head of euro zone finance ministers said on Saturday, suggesting loans from the bailout fund and transfers from the existing European Union budget could be more feasible. "Creating a whole new budget, inside or outside the European Union budget, of many hundred billion,...

  • "We need the help of market incentives, market pricing of risks to get the economics right in Europe," Dijsselbloem said on the sidelines of the International Monetary Fund's autumn meetings in Washington. Yet the budget rules, contained mainly in the Stability and Growth Pact that sets limits on government borrowing in European Union countries, have become...

  • WASHINGTON, Oct 14- Canadian growth will slow down in the second half of 2017 as the economy starts to approach full capacity in the wake of a prolonged oil shock, Bank of Canada Governor Stephen Poloz said on Saturday. He was speaking to reporters on the sidelines of the fall meeting of the International Monetary Fund. The bank is due to release its next set of...

  • WASHINGTON, Oct 14- Member countries of the International Monetary Fund on Saturday welcomed the global upswing in economic activity but warned that the recovery was not yet complete given low inflation and geopolitical risks. IMF Managing Director Christine Lagarde sought to offer a bright note, saying that it was "perfectly legitimate" to renew...

  • WASHINGTON, D.C.- Riksbank Governor Stefan Ingves, Deputy Governor Cecilia Skingsley and Deputy Governor Per Jansson will attend the Annual Meetings of the International Monetary Fund and the World Bank. WASHINGTON- ECB President Mario Draghi hold a news conference in Washington 1700 GMT. WASHINGTON- Participation by ECB board member Sabine Lautenschlager...

  • "It is correct that if the ESM gets the mandate to be ready at any time on short notice to put together, with the European Commission, a programme with conditionality, we would only be able to do that if we do some continuous monitoring," he said. "Otherwise one cannot do that job," Regling told Reuters in an interview on the sidelines of the International Monetary Fund and...

  • "It is correct that if the ESM gets the mandate to be ready at any time on short notice to put together, with the European Commission, a programme with conditionality, we would only be able to do that if we do some continuous monitoring," he said. "Otherwise one cannot do that job," Regling told Reuters in an interview on the sidelines of the International Monetary Fund and...

  • WASHINGTON, Oct 13- The euro zone should use its "robust" economic rebound to tackle reforms that are politically difficult to push through, Poul Thomsen, the head of the International Monetary Fund's European Department, said on Friday. "The key challenge facing policy-makers is to take advantage of the robust recovery to take measures that are politically...