×

World Economy Economic Organizations

  • KUALA LUMPUR, July 24- The International Monetary Fund kept its growth forecasts for the world economy unchanged for this year and next, although it revised up growth expectations for the eurozone and China. "While risks around the global growth forecast appear broadly balanced in the near term, they remain skewed to the downside over the medium term," the IMF said...

  • IMF SAYS IT KEEPS GLOBAL GROWTH FORECASTS UNCHANGED AT 3.5 PCT FOR 2017, 3.6 PCT FOR 2018.

  • KUALA LUMPUR, July 24- The International Monetary Fund on Monday kept its growth forecasts for the world economy unchanged for this year and next, although it slightly revised up growth expectations for the eurozone and China. In its updated World Economic Outlook, the IMF said global gross domestic product would be 3.5 percent in 2017 and 3.6 percent in 2018.

  • *IMF approves 1.6 billion euro Greek loan "in principle". LONDON, July 21- Euro zone government bonds were in demand on Friday as the cautious stance of policymakers cheered investors, while IMF support for a Greek bailout added to the general mood of goodwill towards the single currency bloc. The European Central Bank left its ultra-easy monetary policy...

  • *IMF approves 1.6 billion euro Greek loan "in principle". LONDON, July 21- Euro zone government bonds were in demand on Friday as the cautious stance of policymakers cheered investors, while IMF support for a Greek bailout added to the general mood of goodwill towards the single currency bloc. The European Central Bank left its ultra-easy monetary policy...

  • Benchmark copper on the London Metal Exchange was up 0.2 percent at $5,972 at 1045 GMT, close to Monday's high of $6,022.50- the first rise above $6,000 since March 2. "There's still a halo effect from the stronger-than-expected Chinese numbers," ETF Securities analyst Nitesh Shah said. CHINA ECONOMY: The Asian Development Bank raised its 2017 and 2018 growth...

  • MEXICO CITY, July 18- Mexico's economy minister on Tuesday expressed concern that the United States was insisting on reducing trade deficits in objectives it set out for the renegotiation of the NAFTA trade deal, a document he nevertheless said contained "no surprises." Speaking on Mexican television, Economy Minister Ildefonso Guajardo also raised...

  • WASHINGTON, July 17- The United States on Monday launched the first salvo in the renegotiation of the 23- year-old North American Free Trade Agreement, saying its top priority for the talks was shrinking the U.S. trade deficit with Canada and Mexico. Trade Representative Robert Lighthizer said he would seek to reduce the trade imbalance by improving access for...

  • WASHINGTON, July 17- The United States on Monday launched the first salvo in the renegotiation of the 23- year-old North American Free Trade Agreement, saying its top priority for the talks was shrinking the U.S. trade deficit with Canada and Mexico. Trade Representative Robert Lighthizer said he would seek to reduce the trade imbalance by improving access for...

  • In a statement, the Mexican economy ministry said it expected talks between the United States, Mexico and Canada on renegotiating the North American Free Trade Agreement to be able to get under way from Aug. 16. The United States said its top priority for the talks was shrinking the U.S. trade deficit with Mexico and Canada, a recurring complaint of U.S.

  • WASHINGTON, July 17- The United States on Monday launched the first salvo in the renegotiation of the 23- year-old North American Free Trade Agreement, saying its top priority for the talks was shrinking the U.S. trade deficit with Canada and Mexico. Trade Representative Robert Lighthizer said he would seek to reduce the trade imbalance by improving access for...

  • 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...

  • 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...