Tag: Christine Lagarde

Christine Lagarde
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.

Saturday, May 31st 2014 - 06:42 UTC

IMF and Argentina/Paris Club deal: “we hope they continue that process”

“The IMF certainly hopes that it will improve the situation of Argentina on the international scene” said Lagarde

IMF managing director Christine Lagarde touring east Africa, on Friday cautiously welcomed steps taken by Argentina to settle a decade-old falling out with creditors, following a 9.7bn dollars five year repayment deal reached this week.

Thursday, May 29th 2014 - 00:35 UTC

Three Latam presidents among Forbes list of 25 most powerful women

Dilma, president of the world's seventh largest economy

Brazil, Argentina and Chile presidents figure among the list of the 25 most powerful women in the world according to the latest release from Forbes. Dilma Rousseff ranks in fourth place, Cristina Fernandez 19 and Michele Bachelet, 25. Only nine heads of state figure in the 100 names list.

Tuesday, May 27th 2014 - 09:33 UTC

IMF Lagarde calls on central banks to cooperate on policy moves

“As the crisis has taught us, in times of distress, the potential gains from cooperation can be huge”, said Lagarde

As the United States Federal Reserve debates the timing of its first interest rate hike since 2006, International Monetary Fund (IMF) Managing Director Christine Lagarde is urging central banks to cooperate on policy moves.

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