US Economy Christine Lagarde

  • WASHINGTON, Aug 23- World Bank President Jim Yong Kim on Tuesday formally launched a bid for a second five-year term as head of the multilateral development lender, whose board pledged an "open, merit-based, and transparent" selection process. "I have informed the Dean of the Board that I would be honored to be considered for a second term as head of the World Bank and...

  • Arc of Triomphe Paris, Champs-Elysees France at night

    Delegations from four cities are quietly competing in Rio, lobbying to host the 2024 Summer Games — a privilege that could cost them dearly.

  • The IMF missed signs of a banking calamity, lacked independence and failed to hold countries to account, the organization's internal watchdog has said.

  • The IMF also did not make a serious attempt to quantify the risk of financial contagion throughout Europe that was used to justify its granting of "exceptional access" funding to Greece when the country's debt was widely viewed internally as not having a high likelihood of repayment. The 30 billion-euro IMF program for Greece needed renegotiation in 2012, and...

  • CHENGDU, China, July 24- Structural reforms are important to bolster economic growth and share the benefits broadly, Christine Lagarde, Managing Director of the International Monetary Fund, said on Sunday after a meeting of G20 ministers. "Structural reforms are particularly critical, as recent IMF work shows that well-designed structural reforms can lift...

  • The International Monetary Fund's Christine Lagarde is one of this year's attendees of the Bilderberg Meetings.

    France's highest appeals court ruled that Christine Lagarde must stand trial for her role in a 400 million euros payout as French finance minister.

  • The premier also addressed concerns that China is promoting its exports through aggressive policy support with the yuan weakening against the dollar. "Given the financial fluctuations as a result of Brexit, China will advance the market-based reform of the exchange rate," Li said. The comments came ahead of a meeting of G20 finance ministers and central bank...

  • BEIJING, July 22- The world must step up international macroeconomic policy coordination, China's Premier Li Keqiang said on Friday after meeting the heads of the International Monetary Fund, the World Bank, and other senior global economic officials. He made the remarks at a joint briefing with the officials, which also included the heads of the World Trade...

  • BEIJING, July 22- International Monetary Fund Managing Director Christine Lagarde said on Friday Brexit meant the global growth forecast was revised down and that uncertainty from Britain's decision to leave the European Union should be removed as soon as possible.

  • FRIDAY, JULY 22 BEIJING- Chinese Premier Li Keqiang will hold a roundtable with World Bank President Jim Yong Kim, International Monetary Fund Managing Director Christine Lagarde, World Trade Organization Director-General Roberto Azevedo, International Labor Organization Director-General Guy Ryde, Organization for Economic Cooperation and...

  • FRIDAY, JULY 22 BEIJING- Chinese Premier Li Keqiang will hold a roundtable with World Bank President Jim Yong Kim, International Monetary Fund Managing Director Christine Lagarde, World Trade Organization Director-General Roberto Azevedo, International Labor Organization Director-General Guy Ryde, Organization for Economic Cooperation and...

  • FRIDAY, JULY 22 BEIJING- Chinese Premier Li Keqiang will hold a roundtable with World Bank President Jim Yong Kim, International Monetary Fund Managing Director Christine Lagarde, World Trade Organization Director-General Roberto Azevedo, International Labor Organization Director-General Guy Ryde, Organization for Economic Cooperation and...

  • WASHINGTON, July 19- Foreign exchange markets are not "disorderly" in the wake of Britain's vote to leave the European Union and there is no need for the Group of 20 major economies to broadly agree to tame them, the International Monetary Fund's chief economist said on Tuesday. A number of currencies have fallen sharply against the dollar since the June 23 EU...

  • WASHINGTON/ NEW YORK, July 18- The loss of correspondent banking relationships in developing countries as major banks try to limit risk exposures could marginalize small economies and cause "systemic" disruptions to their financial systems, the head of the International Monetary Fund said on Monday. IMF Managing Director Christine Lagarde, speaking at the...

  • WASHINGTON, July 18- The loss of correspondent banking relationships in developing countries as major banks try to limit risk exposures could marginalize small economies and cause "systemic" disruptions to their financial systems, the head of the International Monetary Fund said on Monday. IMF Managing Director Christine Lagarde said in prepared remarks...

  • WASHINGTON, July 18- The loss of correspondent banking relationships in developing countries as major banks try to limit risk exposures could marginalize small economies and cause "systemic" disruptions to their financial systems, the head of the International Monetary Fund said on Monday. IMF Managing Director Christine Lagarde said in prepared remarks...

  • THURSDAY, JULY 14 WASHINGTON- International Monetary Fund's head Christine Lagarde speaks at Center for Global Development in Washington on "Redoubling our Resolve for Global Development". PRETORIA- South African central bank Deputy Governor Kuben Naidoo speaks at South Africa's first ever Public Economics Winter School, where tax policy, industrial...

  • SARAJEVO- European Bank for Reconstruction and Development Vice President Philip Bennett visits Bosnia. MANILA- Philippines central bank governor Amando Tetangco to speak at the central bank's luncheon for stakeholders- 0200 GMT. SARAJEVO- European Bank for Reconstruction and Development and Bosnia to sign a 71 million euro infrastructure loan- 0730 GMT.

  • TUESDAY, JULY 12 JOHANNESBURG- South African Finance Minister Pravin Gordhan speaks at a South African Chamber of Commerce and Industry meeting- 0730 GMT. PRAGUE- Czech National Bank to publish the minutes of its June board meeting- 0700 GMT. BUDAPEST- Hungarian Central Bank non-rate-setting meeting.

  • German Chancellor Angela Merkel.

    Hillary Clinton may be the next US president. Theresa May is likely to be the UK prime minister. Beyonce's prophecy that girls "Rule the World" may be coming true.