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U.S. Treasury's Lew calls for euro zone, Japan to do more on growth
U.S. Treasury Secretary Jack Lew on Friday called on the euro zone and Japan to do more to spur growth as the global economy continues to disappoint, highlighting what is sure to be a bone of contention as Group of 20 ministers gather in Australia.
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Russia may use up to $7.8 bln from fund to help energy champions -Tass
Russia may prop up energy companies Rosneft and Novatek with up to $3.9 billion each from its National Wealth Fund, a reserve of oil proceeds set up to buoy the country's pension system.
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Russia's Putin says sanctions violate principles of WTO
President Vladimir Putin said on Thursday Western sanctions against Russia violated the principles of the World Trade Organization and the main way to combat them was to develop the domestic market.
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EU food producers get more cash to help with Russian ban
EU officials have agreed new measures to help food producers hit by a Russian ban on agricultural imports and will publish them over the coming days, the European Commission said.
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Russia needs government investment to avoid recession, former finance minister
Russia risks slipping into recession because the government is not investing enough in the economy to weather Western sanctions, former finance minister Alexei Kudrin said on Tuesday, criticizing the strategy so far.
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Russia wins delay in EU-Ukraine trade pact
The European Union and Ukraine agreed on Friday to delay the implementation of their free-trade pact until the end of next year in a concession to Russia, which had complained its industry would be hurt by the deal.
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European rights envoy says pro-Ukraine activists face abuses in Crimea
Pro-Ukrainian activists and Tatar ethnic minorities in Crimea have found their lives under increased threat since the Ukrainian territory was annexed by Russia in March, a top European human rights diplomat said on Friday.
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Euro zone agrees fiscal policy, investment, reforms should compliment ECB loosening
Euro zone finance ministers agreed on Friday that the looser monetary policy of the European Central Bank should be complemented with a mix of fiscal policy, investment and structural reforms, to boost economic growth.
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