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Christine Lagarde

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  • METALS-Copper slips as Chinese growth, supply weighs Monday, 20 Oct 2014 | 6:46 AM ET

    *Copper unable to build on Friday's higher finish. SYDNEY/ LONDON, Oct 20- Copper stayed relatively weak on Monday, struggling to make headway after sliding to six month lows in the previous session, with uncertainty over China's economic growth and a firmer dollar against its main currency rivals. Analysts said that while uncertainty over growth in...

  • *Copper unable to build on Friday's higher finish. SYDNEY, Oct 20- London copper futures fell on Monday after hitting their lowest levels in six months in the previous session, hurt by worries over rising stocks, China's economic growth and the impending end of U.S. monetary stimulus. "Copper is looking weak from a supply and demand perspective," said a metals trader...

  • *Copper unable to build on higher finish on Friday. Copper has some of the weakest fundamentals among base metals as a wave of fresh supply works its way into the market. "Copper is looking weak from a supply and demand perspective," said a metals trader in Sydney.

  • SYDNEY, Oct 20- London copper inched down on Monday after climbing in the last session from its lowest in around six months, hit by worries over the end of U.S. stimulus. *The Thomson Reuters/ University of Michigan index of consumer sentiment was surprisingly strong in early October, rising to more than a seven-year high. *In nickel markets, Brazil's Vale SA sees a...

  • BUSINESS-NEWS-SCHEDULE AT 1900 GMT / 3:00 PM ET Sunday, 19 Oct 2014 | 3:01 PM ET

    LONDON- A series of Reuters interviews with officials, bankers and others involved in the European Central Bank's financial inspection of the euro zone's biggest banks show that in the seven months since it began, the ECB has had to shoot down countless pleas from banks and national supervisors for special treatment. STOCKHOLM/ OSLO/ COPENHAGEN- When it comes to...

  • LONDON, Oct 19- Evaporating inflation and slowing growth have put financial markets into such a spin that they could inflict further damage on the world economy. With the Fed set to turn off its money taps at the end of this month, investors appear to have woken up to poor growth prospects in much of the world, something International Monetary Fund chief Christine...

  • IMF: Market sell-off may have been 'over-reaction' Friday, 17 Oct 2014 | 10:04 AM ET

    PARIS— The head of the International Monetary Fund says market turmoil this week may have been an "over-reaction," as leading economic figures met to discuss Friday the global economy and worries about another recession in Europe. Reforms in France are also on the agenda at Friday's meeting in Paris, in a country crippled by flat growth and high unemployment.

  • *Greece ready to forego 12 bln euros remaining in IMF bailout. *Euro zone reluctant to remove IMF from supervising Greece. They also said Europeans were resisting a push by Athens to end borrowing from the IMF, which is unpopular in Greece and causing political problems.

  • WASHINGTON, Oct 12- Greece has begun talks for ending International Monetary Fund aid to the country, but will continue to have routine post-bailout reviews by the Washington- based group, a Greek official said after talks with the IMF's chief on Sunday. The IMF is deeply unpopular in Greece for insisting on austerity cuts under Greece's 240 billion euro EU/IMF...

  • But the reality is that Germany hasn't looked this isolated over its policy prescriptions for Europe since the height of the euro zone financial crisis more than two years ago. Treasury Secretary who in an unusually frank panel discussion accused Germany of leading Europe down a path of Japanese-style deflation with a misguided focus on budget...

  • Finance ministers seek to boost global recovery Sunday, 12 Oct 2014 | 1:14 AM ET

    Managing Director Christine Lagarde said at a news conference that the IMF has made $130 million available to Guinea, Liberia and Sierra Leone and that the IMF and other international agencies stood ready to do more. In addition to the $130 million in interest-free loans being provided by the IMF, the World Bank is providing $400 million for the Ebola efforts.

  • Global finance leaders pledge bold efforts Saturday, 11 Oct 2014 | 12:45 AM ET

    That pledge from the International Monetary Fund's policy-setting committee comes after a week of stomach-churning swings in the financial markets triggered by growing fears that parts of Europe could be in danger of slipping into another recession. Managing Director Christine Lagarde said at a news conference that the IMF has made $130 million...

  • German downturn casts shadow over world economy Friday, 10 Oct 2014 | 11:52 AM ET

    FRANKFURT, Germany— As if the global economy didn't have enough troubles, it looks like Germany, Europe's traditional growth engine, risks falling into recession— or growth so weak it holds back the entire euro currency union's weak recovery. And if Germany isn't selling goods, it suggests other parts of the world's economy are not strong enough to keep buying...

  • Top finance officials grapple with weak growth Friday, 10 Oct 2014 | 3:52 AM ET

    Finance ministers and central bank presidents of the Group of 20 nations, which include traditional economic powers such as the United States, Japan and Germany, and emerging economies such as Russia, China and India, were wrapping up two days of talks Friday with a joint statement of goals and a news conference expected in the early afternoon.

  • DIARY - Top Economic Events to Oct 23 Thursday, 9 Oct 2014 | 8:01 PM ET

    NEW YORK- Federal Reserve Bank of Philadelphia President Charles Plosser speaks on " Monetary Policy and Communications" before the Society of American Business Editors and Writers annual fall conference in New York- 1300 GMT. WASHINGTON- 2014 IIF Annual Membership Meeting. Treasury Deputy Assistant Secretary Mark Sobel, Bank of Mexico Deputy Governor...

  • COLUMN-Old measures for New Mediocrity: James Saft Thursday, 9 Oct 2014 | 4:20 PM ET

    Oct 9- The IMF's "new mediocre" has the sound of a threat, but we may end by wishing it was a promise. The global economy is "looking into the face of what we have called the risk of a new mediocre" period in economic growth, "IMF managing director Christine Lagarde said on Thursday in Washington D.C. at the annual IMF and World Bank meetings. The IMF's advice relies heavily on...

  • *U.S., Germany lack political will to spend. Germany is in danger of slipping into recession, China has slowed, and U.S. policymakers are concerned a fresh bout of global weakness will stymie the U.S. recovery as well. International Monetary Fund Managing Director Christine Lagarde issued a blunt call on Thursday for the United States and Germany to open the taps...

  • Finance officials face global economy under threat Thursday, 9 Oct 2014 | 11:38 AM ET

    WASHINGTON— Though braced by a resurgent United States, the global economy is under threat from other regions— from Europe and Latin America to China and Japan— where growth is stalling and prospects remain dim. The talks began Thursday with discussions among finance ministers and central bank presidents of the Group of 20 nations, which includes traditional...

  • WASHINGTON, Oct 9- World economic leaders are being urged to rally around a plan to let government do what it does best- spend money- in an effort to buoy a global economy that remains slack and slowing. Even Germany is in danger of slipping into recession, China has slowed, and U.S. policymakers are concerned a fresh world slowdown will stymie the U.S. recovery as well.

  • IMF urges countries to take growth seriously Thursday, 9 Oct 2014 | 10:21 AM ET

    WASHINGTON, Oct 9- The world's policymakers must take economic reforms more seriously, or they could see their economies stuck in a muddle of mediocre growth with high debt and unemployment, the head of the International Monetary Fund said on Thursday. IMF Managing Director Christine Lagarde said her advice had not changed much since six months ago- the last...