Tag: Christine Lagarde

Friday, July 12th 2019 - 10:26 UTC
The IMF will release another $ 5.4 billion today for Argentina

Mauricio Macri’s Government must guarantee that with the new disbursement in favor of Argentina for USD 5.4 billion that the International Monetary Fund (IMF) will sign this Friday will comply with all the deadlines agreed for this year. This new disbursement is given after the approval of the quarterly goals to March by the technical staff of the fund.
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Wednesday, July 3rd 2019 - 09:38 UTC
Lagarde's departure thrusts the IMF into an unanticipated search for a new leader

The nomination of Christine Lagarde as European Central Bank president on Tuesday has thrust the International Monetary Fund into an early, unanticipated search for a new leader amid a raging trade war that has darkened the outlook for global growth.
Wednesday, July 3rd 2019 - 08:35 UTC
EU leaders reach a precarious agreement on EC's top jobs which need parliament confirmation

European Union leaders have agreed on Tuesday on who should fill the top jobs for its main institutions for the next five years after a marathon summit marred by disagreement.
Friday, June 28th 2019 - 09:50 UTC
IMF's financial deal with Argentina “harmful” and will be “reworked”, anticipates main opposition candidate

Alberto Fernandez, the main challenger to incumbent President Mauricio Macri in October elections, said on Thursday that if elected he would seek to “rework” Argentina’s huge financing deal with the International Monetary Fund, calling it “harmful.”
Friday, June 28th 2019 - 09:22 UTC
Argentine president Macri meets IMF's Lagarde at the G20 summit in Japan

The IMF through its spokesperson at its daily press meeting confirmed that Managing Director Christine Lagarde and her deputy David Lipton effectively met with Argentine president Mauricio Macri, and Economy minister, Nicolás Dujovne at the G20 summit in Osaka, Japan.
Monday, June 10th 2019 - 08:37 UTC
IMF fears the impact on the financial system of the power of a a few giant technology companies

Giant technology companies might cause significant disruption to the world's financial system, the head of the International Monetary Fund has warned. Christine Lagarde said just a few firms with big data access and artificial intelligence could run the global payment and settlement arrangements.
Thursday, June 6th 2019 - 09:59 UTC
Lagarde admits underestimating the Argentine economic situation

The International Monetary Fund, IMF, admitted on Wednesday that it had underestimated the “incredibly complicated situation” of the Argentine economy and also that taming inflation had taken much longer than originally expected.
Wednesday, May 8th 2019 - 12:54 UTC
IMF mission arrives in Argentina: Central bank policy, inflation and revenue in the agenda

A new IMF mission is expected in Argentina this e Wednesday for the fourth review of the country's economic plan which is supported by a 36 month stand-by credit from the multilateral financial institution. It's the first IMF visit since Argentina's Central Bank major strategy change in the foreign exchange market to avoid another meltdown of the Argentine currency.
Friday, April 12th 2019 - 09:49 UTC
IMF: “foolish” for Argentine presidential candidates to abandon the program

Argentina’s economic reform program is beginning to show results, so it would “foolish” for presidential candidates to abandon the program, International Monetary Fund chief Christine Lagarde said Thursday.
Friday, April 12th 2019 - 09:28 UTC
IMF's Lagarde glad a chaotic Brexit was avoided but warns about a prolonged uncertainty impact

Further uncertainty over Brexit will hinder growth in the UK economy, the head of IMF has told the BBC. Speaking ahead of the agreement of an extension to Article 50, Christine Lagarde warned that businesses and investors will remain hesitant in the coming months. She said any prolonged uncertainty would have a “negative impact”.