Tag: Agustin Carstens

Friday, November 4th 2016 - 07:14 UTC
Trump not such an unlikely winner has Mexico drafting alternate plans

Central Bank governor and finance ministry are in the process of adjusting their economic policy should the Republican candidate be elected. Mexican Central Bank governor Agustín Carstens, notorious for having stated that a victory for Donald Trump would hit his country like a hurricane, admitted Thursday he is readying a contingency plan for an “adverse” election result in the United States' presidential elections.
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Monday, April 18th 2016 - 08:06 UTC
Praise for Argentina from IMF and credit rating agencies but austerity measures “are tough”

Following President Mauricio Macri’s economic policies and the deal with the holdout funds, Argentina will help to bring stability and a larger economic growth to Latin America, now facing a declining economy mainly because of Brazil’s downfall, representatives from the International Monetary Fund said.
Tuesday, September 27th 2011 - 22:42 UTC
Latam currencies weakness ‘transitory’ says Mexican central bank

Mexican central bank Governor Agustin Carstens said the Peso’s weakness is “transitory” and the currency is likely to resume its upward trend, along with other Latin American currencies.
Tuesday, June 28th 2011 - 23:15 UTC
Europe keeps IMF post: Lagarde becomes first woman to lead the institution

The Executive Board of the International Monetary Fund selected on Tuesday Christine Lagarde to serve as IMF Managing Director and Madame Chairman of the Executive Board for a five-year term starting on July 5, 2011.
Tuesday, June 28th 2011 - 06:40 UTC
France’s Lagarde seems poised to become the first woman head of the IMF

France's Christine Lagarde picked up an endorsement from China Monday, raising her chances to become head of the International Monetary Fund. The IMF board is expected to make the decision between Lagarde, France's Finance minister, and Mexican Central bank chief Agustin Carstens as early as Tuesday.
Monday, June 27th 2011 - 06:44 UTC
Australia, Canada and most of Latam support Mexican candidate as IMF chief

Australia and Canada said they support Mexican central bank Governor Agustin Carstens for the top job at the International Monetary Fund over his rival Christine Lagarde, the French finance minister.
Tuesday, May 31st 2011 - 08:35 UTC
Lagarde pledges in Brazil to give emerging economies more clout in the IMF

French Finance Minister Christine Lagarde pledged to push reforms to give Brazil and other emerging economies more influence at the International Monetary Fund as she kicked off a worldwide tour to win support for her candidacy to lead the global lender.
Saturday, May 28th 2011 - 08:12 UTC
IADB credits to Argentina this year will total 1.3 billion USD

The Inter-American Development Bank, IADB, will lend Argentina 1.3 billion US dollars this year, the bulk of which will be used for infrastructure projects, such as expanded roadways and sewage systems as well as a plan to improve neighbourhood conditions, announced president Luis Alberto Moreno.
Saturday, May 28th 2011 - 07:32 UTC
IMF-head hopefuls visit next week Brazil as part of their global campaign for support

The two leading candidates for the position of IMF Managing director will be visiting Brazil next week. French Finance Minister Christine Lagarde plans to travel to Brasilia on Monday to seek support for her candidacy, the French embassy said Friday.
Thursday, May 26th 2011 - 00:41 UTC
Lagarde and Carsterns are both “credible” candidates to lead IMF says US

United States Treasury Secretary Timothy Geithner said France's Christine Lagarde and Mexico's Agustin Carstens are both “credible” candidates to lead the International Monetary Fund, but he wants the candidate who can earn the broadest support.