Tag: Christine Lagarde

• Wednesday, August 31st 2011 - 00:53 UTC

  IMF slashes growth forecasts for US and Euro zone; warns against higher rates

  

  The IMF has slashed its growth forecasts for the United States and said the Federal Reserve and the European Central Bank must be ready to ease policy.

• Monday, August 29th 2011 - 03:30 UTC

  “Macroeconomics policies must support growth” warns IMF chief Lagarde

  

  The new head of the IMF urged global policymakers to pursue urgent coordinated action, including the mandatory recapitalization of European banks, or risk descent into renewed world recession.

• Wednesday, August 17th 2011 - 23:36 UTC

  IMF chief Lagarde on trial for complicity of embezzlement in France

  

  French magistrates formally opened an investigation into IMF chief Christine Lagarde this week for possible misconduct in approving a huge payment to a friend of President Nicolas Sarkozy when she was Finance minister.

• Thursday, July 28th 2011 - 20:23 UTC

  Top IMF official joins White House as special assistant on international economic affairs

  

  International Monetary Fund's external relations director Caroline Atkinson resigned Thursday after being appointed the as a White House special assistant to the president for international economic affairs.

• Saturday, July 23rd 2011 - 01:53 UTC

  Argentine president called IMF chief and had a half hour conversation

  

  The IMF confirmed that Argentine president Cristina Fernandez de Kirchner phoned incoming Managing Director Christine Lagarde last week, a few hours before the Fund reiterated its objections to Argentina’s official statistical data.

• Tuesday, July 12th 2011 - 23:32 UTC

  China secures one of IMF four Deputy Managing Director posts

  

  China has secured its first top-level post at the International Monetary Fund (IMF) in recognition of its growing power in the global economy. New IMF Managing Director Christine Lagarde appointed Zhu Min to a newly created deputy managing director post.

• Wednesday, July 6th 2011 - 22:27 UTC

  New IMF chief promises emerging markets a greater sway

  

  New IMF Managing Director Christine Lagarde pledged to push ahead with reforms to give fast-growing emerging markets greater sway at the global lender and said the world economy was on the rebound.

• Tuesday, July 5th 2011 - 20:02 UTC

  IMF transparency reveals Lagarde’s salary and strict ethics requirements

  

  The IMF revealed its new managing director Christine Lagarde who took office on Tuesday will receive an annual salary of 467,940 US dollars net of income taxes and told her to “observe the highest standards of ethical conduct.”

• 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.