Tag: Christine Lagarde

• Saturday, May 31st 2014 - 06:42 UTC

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

  

  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

  

  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 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.

• 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.