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US Economy Christine Lagarde

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  • LONDON, March 15- For a world economy coming to terms with a soaring dollar and a plunge in oil prices, this week will be all about the U.S. A combination of the European Central Bank printing lots of euros and expectations of a first U.S. rate rise has caused turmoil on the foreign exchanges and in emerging markets. "Under our base case, continued inflation weakness...

  • WASHINGTON, March 11- The International Monetary Fund has agreed to pump $10 billion into Ukraine's troubled economy over the next year, providing swift assistance for the country's struggling finances as part of a larger four-year bailout. The IMF board on Wednesday approved a loan of $17.5 billion, with the bulk of the money heading out the door fast: $5...

  • WASHINGTON, March 11- The International Monetary Fund has agreed to pump $10 billion into Ukraine's troubled economy over the next year, providing swift assistance for the country's struggling finances as part of a larger four-year bailout. The IMF board on Wednesday approved an overall loan of $17.5 billion, with the bulk of the money heading out the door fast:...

  • WASHINGTON, March 11- The International Monetary Fund's board signed off on a $17.5 billion four-year aid program for Ukraine on Wednesday, the second attempt in less than a year to pull its economy back from the brink of bankruptcy. But the IMF deemed insufficient the funds and agreed program duration to support Ukraine's economic reforms while the...

  • IMF approves $17.5 billion loan program for Ukraine Wednesday, 11 Mar 2015 | 12:59 PM ET

    WASHINGTON, March 11- The International Monetary Fund's board signed off on a $17.5 billion four-year aid program for Ukraine on Wednesday, the second attempt in less than a year to pull its economy back from the brink of bankruptcy. A statement from IMF Managing director Christine Lagarde did not provide details on how large an initial payment will be made to...

  • *Ukraine parliament has okayed IMF-backed budget changes. *G7 powers see IMF board approving Ukraine bailout. IMF chief Christine Lagarde cautioned that what she called the "huge distraction" of fighting against pro-Russian rebels in eastern Ukraine complicated the provision of aid, but she was in no doubt that Kiev was now "really determined to reform."

  • WASHINGTON, March 4- International Monetary Fund chief Christine Lagarde said on Wednesday that an infusion of financial support for Ukraine and its impact largely hinges on how the security crisis over Russia's actions in Ukraine is resolved. In an interview on MSNBC, the International Monetary Fund's managing director said the fighting in eastern...

  • KIEV, March 2- Before she was appointed to head Ukraine's central bank last June, Valeriia Gontareva was praised as one of the most successful investment bankers in the country. outside her office in Kiev. Certainly, no central banker would envy her record on paper: in less than nine months since she took office, the hryvnia has fallen to around 30 to the dollar from...

  • KIEV, March 2- Before she was appointed to head Ukraine's central bank last June, Valeriia Gontareva was praised as one of the most successful investment bankers in the country. outside her office in Kiev. Certainly, no central banker would envy her record on paper: in less than nine months since she took office, the hryvnia has fallen to around 30 to the dollar from...

  • ATHENS, Feb 27- Greece used "creative ambiguity" to win a loan lifeline from its international partners, Finance Minister Yanis Varoufakis said, provoking anger in Germany's parliament which approved the deal on Friday. Varoufakis, a hero of the anti-austerity left who has raised hackles among his more orthodox euro zone peers, said Greece had drawn up an...

  • Papaconstantinou, who served under former socialist premier George Papandreou in 2009-2011, showed no emotion as he appeared before a special court in Athens. They are among the names of holders of HSBC accounts in Switzerland obtained by France in 2010 when Christine Lagarde, now the International Monetary Fund chief, was the country's finance minister.

  • *Germany's Schaeuble requests parliament vote to extend bailout. BRUSSELS/ BERLIN, Feb 24- Greece secured a four-month extension of its financial rescue on Tuesday when its euro zone partners approved a reform plan that backed down on key leftist measures and promised that spending to alleviate social distress would not derail its budget.

  • BRUSSELS/ BERLIN, Feb 24- Greece secured a four-month extension of its financial rescue on Tuesday when its euro zone partners approved a reform plan that backed down on key leftist measures and promised that spending to alleviate social distress would not derail its budget. Finance ministers sealed the decision in a one-hour telephone conference convened...

  • Feb 24- Greece's reform plan is sufficient to continue giving the country aid but is lacking necessary detail, International Monetary Fund Christine Lagarde said on Tuesday. In a letter to Eurogroup President Jeroen Dijsselbloem, Lagarde said the Greek list was comprehensive but "not very specific". "In some areas like combating tax evasion and corruption I am...

  • Germany's Wolfgang Schaeuble, the "immovable object" in the words of one economist, stopped Greece's charismatic new finance minister Yanis Varoufakis in his tracks, forcing Athens to extend a bailout program on Friday on terms its government was just elected to get out of. More than that, the confusion officials recounted from behind the scenes left mutual...

  • *Athens forced to climb down and accept strict oversight. BRUSSELS, Feb 20- Euro zone finance ministers agreed in principle on Friday to extend Greece's financial rescue by four months, averting a potential cash crunch in March that could have forced the country out of the currency area. The deal, to be ratified once Greece's creditors are satisfied with a list of...

  • BRUSSELS, Feb 20- Euro zone finance ministers reached an agreement on Friday to extend heavily indebted Greece's financial rescue by four months, officials on both sides said. An agreement removes the immediate risk of Greece running out of money next month and possibly being forced out of the single currency area. European Union paymaster Germany, Greece's...

  • *Der Spiegel says ECB making contingency plans for Grexit. BRUSSELS, Feb 20- Euro zone finance ministers drafted an outline agreement on Friday that could form the basis for extending Greece's financial rescue package, officials on both sides said. European Union paymaster Germany, Greece's biggest creditor, had demanded "significant improvements" in reform...

  • MINSK, Feb 12- Germany, France, Russia and Ukraine agreed a deal that offers a "glimmer of hope" for an end to fighting in eastern Ukraine after marathon overnight talks. In a further sign of its fragility, a Ukrainian military spokesman said around 50 tanks, 40 missile systems and 40 armoured vehicles had crossed overnight into eastern Ukraine from Russia.

  • MINSK, Feb 12- The leaders of Germany, France, Russia and Ukraine have agreed a deal to end fighting in eastern Ukraine, participants at the summit talks said on Thursday. The news came as Ukraine was offered a $40- billion lifeline by the International Monetary Fund to stave off financial collapse. The Minsk summit agreement offered hope for eastern Ukraine,...