Tag: Christine Lagarde

Christine Lagarde
Monday, December 8th 2014 - 07:12 UTC

Road ahead for Latin America 'increasingly bumpy' says IMF Lagarde

Commodity prices that lifted the region for more than a decade are now falling and the era of easy financing will soon end, said Lagarde.

Latin America faces a rocky road ahead despite social and economic achievements in recent years, according to the head of the International Monetary Fund Christine Lagarde. Among the achievements in the last two decades and in most nations, Ms Lagarde mentioned low inflation, fiscal discipline, and financial stability.

Monday, December 8th 2014 - 07:04 UTC

Lagarde wishes to continue improving relations with Argentina

“I think our relationship has gotten better, and I want to continue improving it,” Lagarde told reporters in Chile

The head of the International Monetary Fund Christine Lagarde said she wishes to “continue improving” the relationship between the IMF and Argentina, while at the same time focusing on the necessities of the region's third largest economy which is not growing as fast as it should.

Saturday, December 6th 2014 - 04:44 UTC

Argentina stats: IMF sees advances, but the issue is a heated debate in Congress

The congressional index is 'irresponsible' and a miniscule group of lawmakers can't attribute themselves the full house representation, said Carmen Bianchi

The International Monetary Fund has expressed conformity with the achievements made by the Argentine government regarding the updating of the country's statistics, and hoped to finish its evaluation in February, Director Christine Lagarde announced during a press conference in Santiago de Chile.

Tuesday, October 14th 2014 - 16:43 UTC

IMF urges economic reforms or face brittle growth, high debt and unemployment

Lagarde has been beating the drum on deeper economic reforms for at least the past two years

The world's policymakers must take economic reforms more seriously, or they could see their economies stuck in a muddle of mediocre growth with high debt and unemployment, the head of the International Monetary Fund said at the multilateral organization assembly.

Thursday, September 11th 2014 - 15:46 UTC

Ana Botin appointed new chairwoman of Spanish banking giant Santander

Her father Emilio Botin, the head of a banking dynasty died of a heart attack on Tuesday night.

Ana Botin has been appointed the new chairwoman of the Spanish banking giant Santander, following the death of her father, Emilio Botin, who died of a heart attack on Tuesday night.

Monday, September 1st 2014 - 15:47 UTC

IMF supports Lagarde despite investigation for negligence in France

Ms Lagarde was placed under formal investigation by the French authorities last Wednesday. She described the case against her as “without merit”.

The International Monetary Fund (IMF) has expressed confidence in its leader Christine Lagarde, despite her being investigated for negligence in France. Ms Lagarde, 58, has been questioned about her role in awarding compensation to businessman Bernard Tapie in 2008, when she was Minister of Finance.

Wednesday, July 30th 2014 - 07:23 UTC

IMF warning on interest rates and Russian crisis for some EU banks

If the US and UK tighten monetary policy sooner than expected, it could lead to higher borrowing costs worldwide, said IMF Christine Lagarde

Sharply higher interest rates around the world could combine with weaker growth in emerging markets to slice as much as two percentage points off global growth in the next five years, the International Monetary Fund said on Tuesday.

Monday, July 7th 2014 - 07:10 UTC

Lagarde cautious about growth momentum; infrastructure investment needed

Lagarde said that the IMF did not expect a “brutal” slowdown in China, a market crucial for Latin America

Global economic activity should strengthen in the second half of the year and accelerate in 2015, although momentum could be weaker than expected, IMF chief Christine Lagarde said, hinting at a slight cut in the Fund's growth forecasts.

Saturday, June 7th 2014 - 04:48 UTC

IMF welcomes Argentina's implementation of actions on CPI and GDP indexes

Argentina must still implement actions previously specified for end-September 2014 and end-February 2015,

The International Monetary Fund (FMI) welcomed on Friday “all the specified actions,” taken by Argentine President Cristina Fernández administration, to improve Consumer prices and Gross Domestic Product indexes under INDEC National Statistics Bureau orbit.

Saturday, June 7th 2014 - 04:37 UTC

IMF warns UK about a possible 'housing bubble' and low productivity

The chancellor said the IMF was “right to warn the government that risks still remain” to the UK's economic recovery.

The International Monetary Fund (IMF) has warned the government that accelerating house prices and low productivity pose the greatest threat to the UK's economic recovery. Rising property values could leave households more vulnerable to income and interest rate shocks.

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