Tag: Christine Lagarde

• 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”.

• Saturday, April 6th 2019 - 09:33 UTC

  IMF releases US$10.8 billion to Argentina and insists on fiscal prudence

  

  The Executive Board of the International Monetary Fund (IMF) completed on Friday the third review of Argentina’s economic performance under the 36-month Stand-By Arrangement (SBA) that was approved on June 20, 2018. The completion of the review allows the authorities to draw the equivalent of SDR 7.8 billion (about US$10.8 billion), bringing total purchases since June 2018 to SDR 28.01371 billion (about US$38.9 billion).

• Tuesday, February 26th 2019 - 09:07 UTC

  Trump anticipates a “signing summit” with China's Xi: trade agreement “very, very close”

  

  US President Donald Trump said on Monday he expects to hold a “signing summit” with China’s President Xi Jinping to seal a trade deal, since negotiators are “very, very close” to an agreement. Cheering global stock markets, the new comments confirm the dispute will not ratchet up immediately, averting an even bigger impact on the global economy. 

• Thursday, January 3rd 2019 - 07:09 UTC

  Macri and Cristina Fernandez, most influential Argentines during 2018

  

  Who have been the most influential Argentines during 2018, is a traditional public opinion survey which Consultants Giacobbe & Associates have been releasing annually uninterruptedly since 1995. And this last year there were no big surprises: the main characters have been president Mauricio Macri and ex-president Cristina Fernandez.

• Thursday, November 29th 2018 - 06:56 UTC

  G20: Step Up to Boost Inclusive Growth

  

  By Christine Lagarde - As G20 leaders gather in Argentina, the global economy faces a critical juncture. We have had a good stretch of solid growth by historical standards, but now we are facing a period where significant risks are materializing and darker clouds are looming.

• Thursday, November 15th 2018 - 21:05 UTC

  Double victory for Argentina's Macri ahead of the G20 leaders' summit

  

  Argentina's Senate on Thursday gave final approval to an unpopular austerity budget designed to meet the stiff requirements of a US$ 57.1 billion International Monetary Fund bailout. Approval came as a great relief for battered president Mauricio Macri, but also a double victory, since it opens the way for his reelection aspirations next year.