Tag: Christine Lagarde

• Thursday, January 19th 2017 - 06:26 UTC

  Lagarde anticipates “pain” as UK prepares departure from the European Union

  

  The head of the International Monetary Fund has warned the UK there is still likely to be “pain” ahead as Theresa May prepares to trigger the UK's departure from the European Union. Christine Lagarde told the BBC the Brexit process would be complicated.

• Tuesday, December 20th 2016 - 06:09 UTC

  Christine Lagarde guilty, yet unpunished

  

  A French court on Monday found International Monetary Fund (IMF) chief Christine Lagarde guilty of negligence for her doings as finance minister in 2008, when she failed to challenge a state arbitration payout to a business tycoon in.

• Thursday, November 10th 2016 - 12:08 UTC

  IMF lifts motion of censure on Argentina for manipulating data

  

  The International Monetary Fund (IMF) on Wednesday lifted the censure motion that weighed on the country since 2013, when it decided to sanction Argentina because it considered that statistics at the National Census' Institute (Indec) were being manipulated.

• Saturday, May 14th 2016 - 08:55 UTC

  US$ 2 trillion lost to bribery and corruption every year, (2% of global GDP), claims IMF

  

  Bribery and corruption cost the world economy as much as US$2 trillion every year, money that instead could be used to fight poverty, create jobs, and protect the environment. A new report by the International Monetary Fund says the money lost to corruption every year is 2% of the global GDP.

• Monday, April 18th 2016 - 08:06 UTC

  Praise for Argentina from IMF and credit rating agencies but austerity measures “are tough”

  

  Following President Mauricio Macri’s economic policies and the deal with the holdout funds, Argentina will help to bring stability and a larger economic growth to Latin America, now facing a declining economy mainly because of Brazil’s downfall, representatives from the International Monetary Fund said.

• Friday, April 15th 2016 - 05:22 UTC

  IMF and World Bank target Brexit: 'the most serious downside risk' for the global economy

  

  A British exit from the European Union would pose “serious downside risks” to an already slowing global economy, the head of the International Monetary Fund said on Thursday.

• Monday, April 11th 2016 - 05:46 UTC

  Argentina ready to formally join the IMF fold; Prat-Gay to meet Lagarde this week

  

  Argentina will start discussions with the International Monetary Fund (IMF) this week on its first Article IV review in a decade, Finance Minister Alfonso Prat Gay said at a conference held by the Institute of International Finance (IIF) in Nassau. “Next week we are going to have a discussion (with the IMF) to agree on an actual schedule for the next Article IV evaluation, which will happen sometime around September,” Prat Gay told the audience on Sunday.

• Saturday, February 20th 2016 - 04:06 UTC

  Lagarde confirmed for a second five year term as IMF Director General

  

  The Executive Board of the International Monetary Fund (IMF) on Friday selected Christine Lagarde to serve as IMF Managing Director for a second five-year term starting on July 5, 2016. The Board’s decision was taken by consensus.

• Friday, February 12th 2016 - 06:55 UTC

  Lagarde, as sole candidate, has virtually assured five more years as IMF head

  

  The International Monetary Fund (IMF) has nominated current managing director Christine Lagarde for the second term, IMF Executive Board Dean Aleksei Mozhin said in a statement on Thursday.

• Saturday, January 23rd 2016 - 04:35 UTC

  IMF chief Lagarde will stand for a second term

  

  The head of the International Monetary Fund, Christine Lagarde, has confirmed she will stand for a second term. Ms Lagarde threw her hat into the ring during an appearance on French television.