Tag: Christine Lagarde

• Friday, May 23rd 2014 - 10:17 UTC

  IMF to check Argentine new stats on inflation and GDP next month

  

  The International Monetary Fund board has already received a first analytical report on Argentina latest statistics and will address the issue in its next meeting scheduled for 6 June, according to IMF spokesperson Gerry Rice in Washington.

• Monday, May 5th 2014 - 06:24 UTC

  “Least difficult phase of economic growth is now over”, IMF top official tells Latam

  

  IMF Director for the Western Hemisphere Department Alejandro Werner has once again called on Latin America to embark upon economic reforms, claiming that the “least difficult” phase of economic growth is now over.

• Thursday, February 27th 2014 - 00:31 UTC

  IMF lets fresh air in and addresses income inequality and redistribution debate

  

  Income inequality can lead to slower or less sustainable economic growth, while redistribution of income, when measured, does not hurt and can even help an economy, IMF staff found in a research study released on Wednesday. Although the study by IMF economists does not reflect the Fund's official position, it is another sign of a shift in its thinking about income disparity.

• Wednesday, January 29th 2014 - 20:31 UTC

  Lagarde admits volatility in global markets as strong economies tighten monetary policy

  

  Monetary policy tightening in advanced economies will cause volatility in international markets this year and impact the monetary situation of some emerging economies, IMF Managing Director Christine Lagarde cautioned on Wednesday.

• Thursday, November 21st 2013 - 07:02 UTC

  US 'budget-debt ceiling' political clashes threaten slower world growth, warns OECD

  

  The Organization for Economic Cooperation and Development, OECD, cut its forecast for global economic growth through next year and warned that fiscal and monetary policy decisions looming in the U.S. could derail the recovery. OECD said world economic output would expand 2.7% this year and 3.6% in 2014, down from May's forecast of 3.1% and 4%.

• Thursday, November 14th 2013 - 19:58 UTC

  UK becomes observer of the Pacific Alliance, announces Chilean foreign minister

  

  Chilean Foreign Affairs Minister Alfredo Moreno has said that the UK has been granted Observer Status of the Pacific Alliance. The announcement was made by Moreno during his recent visit to Europe. The Pacific Alliance is made up of Chile, Peru, Colombia and Mexico and is consolidating as the fastest growing group in the region.

• Tuesday, November 12th 2013 - 08:10 UTC

  Lagarde praises Argentina's 'positive progress' in reforming economic data quality

  

  Argentina has made “positive progress” in reforming the quality of its economic data, the head of the International Monetary Fund said on Sunday, adding that the IMF's board is set to review the country's moves in a few days.

• Saturday, November 9th 2013 - 03:27 UTC

  IMF holding constructive talks with Argentina on inflation and GDP data

  

  International Monetary Fund announced it was holding “constructive” talks with Argentina about addressing flawed economic data that led to an unprecedented IMF censure of a member country.

• Monday, October 28th 2013 - 05:33 UTC

  Rousseff and Mantega dispute IMF report on Brazil as 'incoherent'

  

  Brazilian President Dilma Rousseff responded to the International Monetary Fund concern over the country's fiscal situation, saying Brazil was fulfilling its responsibilities. IMF claimed that Brazil's competitiveness had eroded in recent months and downgraded the country's growth forecast from 4.25% to 3.5%.

• Monday, October 14th 2013 - 05:31 UTC

  IMF warns US default means massive disruption and world recession

  

  The head of the International Monetary Fund, Christine Lagarde, has warned that a US default could tip the world into recession. In a US TV interview she said a default would result in “massive disruption the world over”.