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Christine Lagarde

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  • KIGALI, Jan 27- International Monetary Fund head Christine Lagarde has warned that African economies could be hurt by a slowdown in China's economy and an imminent hike in United States interest rates. "Momentum is slowing in many advanced and emerging economies, including China- one of Africa's main trading partners," Lagarde told Rwandan lawmakers in the...

  • WASHINGTON, Jan 26- The International Monetary Fund is ready to continue supporting Greece and looks forward to talks with the country's new government, IMF chief Christine Lagarde said on Monday.

  • *Greece must get bailout extension, discuss reforms with its lenders. BRUSSELS, Jan 26- Europe showed a willingness on Monday to give Athens more time to pay its debts, but little sign that it would yield to a new Greek government's demands for debt forgiveness. Before any talks on more time for Greece to repay its debts can start, Athens must get an extension of its...

  • Greece's first radical left prime minister sworn in Monday, 26 Jan 2015 | 2:33 AM ET

    ATHENS, Greece— Tieless and eschewing the traditional religious swearing-in ceremony, but with a surprise coalition deal in the bag and a sanguine international reception, radical left leader Alexis Tsipras took over Monday as austerity-wracked Greece's new prime minister. "''We have the required majority," Tsipras told Greek President Karolos Papoulias,...

  • DAVOS, Switzerland, Jan 21- Ukrainian President Petro Poroshenko accused Russia on Wednesday of sending 9,000 troops to back separatist rebels in the east of his country, and the IMF chief said she backed extra financial help for Kiev as the conflict inflicts severe economic damage. However, he won support from NATO, which said the amount of heavy military...

  • DAVOS, Switzerland— The head of the International Monetary Fund says Ukrainian President Petro Poroshenko has asked for a new program of financial rescue loans. Christine Lagarde met Poroshenko on Wednesday on the sidelines of an economic forum in Davos, Switzerland, and said in a statement that the Ukrainian leader had sought to replace the country's...

  • DAVOS, Switzerland, Jan 21- The International Monetary Fund will support a bigger, longer-term funding plan for Ukraine than its current programme in return for agreed structural economic and fiscal reforms, IMF Managing Director Christine Lagarde said on Wednesday. Speaking after talks with Ukrainian President Petro Poroshenko, who made the request,...

  • DUBLIN, Jan 20- An exit by Greece from the euro area would be devastating for the country, the head of the International Monetary Fund Christine Lagarde said on Tuesday. Financial markets are nervous a Syriza victory could trigger a standoff with EU/IMF lenders that results in Greece leaving the euro zone. "First of all it is not allowed under the rules of the euro...

  • *US only major economy to see upward revision, China forecast cut. BEIJING, Jan 20- The International Monetary Fund lowered its forecast for global economic growth in 2015, and called on Tuesday for governments and central banks to pursue accommodative monetary policies and structural reforms to support growth. The United States largely offset prospects of...

  • BEIJING, Jan 20- The International Monetary Fund lowered its forecast for global economic growth in 2015, and called on Tuesday for governments and central banks to pursue accommodative monetary policies and structural reforms to support growth. The United States largely offset prospects of more weakness in the euro area, where only Spain's growth was...

  • FRANKFURT, Jan 19- Germany's Bundesbank is mounting a last-ditch drive to limit money-printing by the ECB, hoping either to soften the blueprint or delay decisions on key parts beyond this week, people familiar with the debate say. With markets primed for a European Central Bank announcement on Thursday, Germany's central bank is worried that a program to buy...

  • With elections just six days away, leftist Syriza leads the opinion polls and is intent on cancelling the austerity terms of a bailout from Europe and the International Monetary Fund and also wants a big debt write off. That has prompted a succession of German politicians and economists to proclaim that Greece risks being cut loose from the euro, although...

  • DUBLIN, Jan 19- The European Central Bank should make sure any quantitative easing program it embarks on shares as much risk it can amongst its members, the head of the International Monetary Fund said on Monday. Markets expect the ECB to announce on Thursday that it will start printing money to buy government bonds in euro zone countries to prevent deflation.

  • LONDON— The richest 1 percent of the population will own more than half the world's wealth by 2016, Oxfam International said in a report released as the World Economic Forum begins in Davos, Switzerland. Oxfam said the world's richest people saw their share of global wealth jump to 48 percent last year from 44 percent in 2009. Rising inequality is holding back...

  • DUBLIN, Jan 19- The head of the International Monetary Fund warned Greece that there would be consequences to restructuring its debt after elections where opponents of the country 240 billion euro bailout lead in the polls. Leftist Syriza, which widened its opinion poll lead over the ruling conservatives ahead of the Jan. 25 vote, says it will cancel austerity...

  • DUBLIN, Jan 19- The head of the International Monetary Fund warned Greece that there would be consequences to restructuring its debt after elections where opponents of the country 240 billion euro bailout lead in the polls. "As a principle, collective endeavours are welcome but at the same time a debt is a debt and it is a contract," IMF Managing Director Christine...

  • LONDON, Jan 18- After a head-spinning bout of volatility, next week will be dominated by one question: Will the European Central Bank take the ultimate policy leap or pull its punches? With markets in an unusually febrile state- oil and copper have plunged while the Swiss franc rocketed after Switzerland abandoned its currency cap- it's a fair bet that if the ECB...

  • DIARY- Top Economic Events to Jan 30 Friday, 16 Jan 2015 | 7:00 PM ET

    ATLANTA, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart gives welcome remarks and speaks on " Federal Reserve Bank of Atlanta's CED Programs and Financial Literacy Programs" before the HOPE Global Forum- 1350 GMT. DUBLIN- The Central Bank of Ireland, Center for Economic Policy Research and International Monetary Fund are organizing a...

  • ZURICH, Jan 16- The Swiss National Bank had little choice but to abandon its three-year-old cap on the franc but its execution of the move left a vacuum of policy uncertainty where a pillar of stability stood before. With the euro diving against the dollar as the European Central Bank gears up for fresh stimulus as early as next week, the SNB felt the 1.20- francs-...

  • ZURICH, Jan 16- The Swiss National Bank had little choice but to abandon its three-year-old cap on the franc but its execution of the move was clumsy, and left a vacuum of policy uncertainty where a pillar of stability stood before. With the euro diving against the dollar as the European Central Bank gears up for fresh stimulus as early as next week, the SNB felt the...