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World Economy Economic Organizations

  • BRUSSELS, July 17- EU foreign ministers approved on Monday measures to allow Ukraine to export more industrial and agricultural products free of tariffs to the bloc in recognition of reforms undertaken by Kiev and the country's fragile economy. Trade has been at the heart of a dispute between Russia and the European Union over relations with Ukraine, with...

  • BRUSSELS, July 17- EU foreign ministers approved on Monday measures to allow Ukraine to export more industrial and agricultural products free of tariffs to the bloc in recognition of reforms undertaken by Kiev and the country's fragile economy. Trade has been at the heart of a dispute between Russia and the European Union over relations with Ukraine, with...

  • BRUSSELS, July 17- EU foreign ministers approved on Monday measures to allow Ukraine to export more industrial and agricultural products free of tariffs to the bloc in recognition of reforms undertaken by Kiev and the country's fragile economy. Trade has been at the heart of a dispute between Russia and the European Union over relations with Ukraine, with...

  • MEXICO CITY, July 13- Mexico's central bank could pause monetary policy tightening for some time, its governor said on Thursday, but he defended high interest rates at a time of political volatility and knocked down speculation there will be rate cuts before mid-2018. Banco de Mexico Governor Agustin Carstens said talk among private economists that rates...

  • Japanese Prime Minister Shinzo Abe next to a map of the original Trans-Pacific Partnership participating countries.

    Markets could start to question the long-term sustainability of Japanese Prime Minister Shinzo Abe's economic program – known as 'Abenomics'.

  • MEXICO CITY, July 13- Mexico's central bank could pause monetary policy tightening for some time, its governor said on Thursday, but he defended high interest rates at a time of political volatility and knocked down speculation there will be rate cuts before mid-2018. Banco de Mexico Governor Agustin Carstens said talk among private economists that rates...

  • MEXICO CITY, July 13- Mexico's high interest rates serve as an anchor on the exchange rate and should help the country weather volatility related to presidential elections next year and NAFTA negotiations, Central Bank Governor Agustin Carstens said on Thursday.

  • OTTAWA, July 13- The International Monetary Fund said on Thursday that while Canada's economy has regained momentum, housing imbalances have increased and uncertainty surrounding trade negotiations with the United States could hurt the recovery. Cheng Hoon Lim, IMF mission chief for Canada, later clarified that even with Wednesday's rate hike, monetary...

  • OTTAWA, July 13- The International Monetary Fund said on Thursday that while Canada's economy has regained momentum, housing imbalances have increased and uncertainty surrounding trade negotiations with the United States could hurt the recovery. In a statement following its annual policy review with Canada, the IMF cautioned that risks to Canada's...

  • LONDON, July 11- A reduction in trade between Britain and the European Union would harm both economies and causes prices to rise, Bank of England Deputy Governor Ben Broadbent said on Tuesday, without addressing the outlook for interest rates. Broadbent's comments come after businesses last week pressed Prime Minister Theresa May and her government to...

  • DUBROVNIK, Croatia, July 11- Emerging Europe is facing increasing economic stresses that threaten to unwind some of the political progress made over the of past decades, a top International Monetary Fund official said on Tuesday. Poul Thomsen, the head of the IMF European Department said central and eastern Europe's economic growth potential has halved in the...

  • DUBROVNIK, Croatia, July 11- Emerging Europe is facing increasing economic stresses that threaten to unwind some of the political progress made over the of past decades, a top International Monetary Fund official said on Tuesday. Poul Thomsen, the head of the IMF European Department said central and eastern Europe's economic growth potential has halved in the...

  • DUBROVNIK, Croatia, July 11- Emerging Europe is facing increasing economic stresses that threaten to unwind some of the political progress made over the of past decades, a top International Monetary Fund official said on Tuesday. Poul Thomsen, the head of the IMF European Department said central and eastern Europe's economic growth potential has halved in the...

  • DUBROVNIK, Croatia, July 11- Emerging Europe is facing increasing economic stresses that threaten to unwind some of the political progress made over the of past decades, a top International Monetary Fund official said on Tuesday. Poul Thomsen, the head of the IMF European Department said central and eastern Europe's economic growth potential has halved in the...

  • BRUSSELS, July 10- European Union's economic leaders called on Monday for euro zone countries with high growth to spend more, an attempt to persuade Germany to step up its public spending and strengthen the bloc's economy. Germany is expected to expand by 1.8 percent this year, according to upwardly revised estimates from the International Monetary Fund, while...

  • BRUSSELS, July 10- European Union's economic leaders called on Monday for euro zone countries with high growth to spend more, an attempt to persuade Germany to step up its public spending and strengthen the bloc's economy. Germany is expected to expand by 1.8 percent this year, according to upwardly revised estimates from the International Monetary Fund, while...

  • MOSCOW, July 10- The International Monetary Fund recommended Russia ease monetary policy gradually given the uncertain size of the output gap in the country's economy and risks that inflation would accelerate again, the Fund said in a report on Monday. The international lender, which restated its forecast for Russian gross domestic product growth of 1.4...

  • President Donald Trump shared the G20 spotlight on Saturday with his daughter and adviser Ivanka Trump, as she helped launch a loan programme for women and caused a stir by briefly occupying her dad's seat at the table with world leaders. The World Bank used the occasion to launch a public-private loan programme aimed at providing over $1 billion to support...

  • The meeting at the Hamburg leaders' summit of the Group of 20 economies was keenly anticipated in Mexico, and officials were quick to stress talks had been productive, despite Trump repeating that Mexico would pay for his planned border wall. "We're negotiating NAFTA and some other things with Mexico and we'll see how it all turns out, but I think that we've made...

  • The meeting at the Hamburg leaders' summit of the Group of 20 economies was keenly anticipated in Mexico, and officials were quick to stress talks had been productive, despite Trump repeating that Mexico would pay for his planned border wall. "We're negotiating NAFTA and some other things with Mexico and we'll see how it all turns out, but I think that we've made...