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Christine Lagarde

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  • ISTANBUL, Feb 9- Group of 20 finance officials look likely to reject a proposal to set countries specific investment targets to spur a global economy which appears increasingly reliant on the United States for growth. The meeting of finance ministers and central bankers in Istanbul comes as Greece casts a new shadow over Europe, cheap oil plays havoc with...

  • LONDON/ ZURICH, Feb 9- British bank HSBC Holdings Plc admitted failings by its Swiss subsidiary in response to media reports it helped wealthy customers dodge taxes and conceal millions of dollars of assets. The Guardian, along with other news outlets, cited documents obtained by the International Consortium of Investigative Journalists via Le Monde.

  • *Greece casts long shadow at finance ministers' meeting. ISTANBUL, Feb 8- Group of 20 finance officials look likely to reject a proposal to set countries specific investment targets to spur a global economy which looks increasingly reliant on the United States for growth. The meeting of finance ministers and central bankers in Istanbul comes as Greece casts a...

  • HSBC admits Swiss bank failings over client taxes Sunday, 8 Feb 2015 | 7:22 PM ET

    LONDON, Feb 8- British bank HSBC Holdings Plc admitted on Sunday failings by its Swiss subsidiary, in response to media reports it helped wealthy customers dodge taxes and conceal millions of dollars of assets. HSBC said that its Swiss arm had not been fully integrated into HSBC after its purchase in 1999, allowing "significantly lower" standards of compliance...

  • Concern over the ability of the United States to sustain the global economy as most of the world slows will be high on the agenda as the Group of 20 leading economies hold talks in Istanbul on Monday and Tuesday. The meetings come as Greece casts a new shadow over Europe, cheap oil plays havoc with inflation and growth forecasts and a strengthening dollar...

  • Concern over the ability of the United States to sustain the global economy as most of the world slows will be high on the agenda as the Group of 20 leading economies hold talks in Istanbul on Monday and Tuesday. The meetings come as Greece casts a new shadow over Europe, cheap oil plays havoc with inflation and growth forecasts and a strengthening dollar...

  • With Greece's woes casting a shadow over Europe again, cheap oil playing havoc with inflation and growth forecasts, and the strengthening dollar posing a threat to emerging market economies, the meetings come at a critical time. Turkey's Deputy Prime Minister Ali Babacan, who is in charge of the economy, has said tackling sluggish global growth and giving low...

  • IMF sees uncertainty about path of oil prices Friday, 6 Feb 2015 | 7:00 AM ET

    WASHINGTON, Feb 6- Uncertainty over the future path of oil prices could throw a wrinkle into the International Monetary Fund's predictions for the global economy, its staff said in a note on Friday. The outlook for petroleum prices, which have decreased more than 50 percent in the last seven months, is likely to form the backdrop for the ministerial meeting of the...

  • 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...

  • 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, 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.

  • 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...