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Sunday, June 16, 2019

Tag: Christine Lagarde

IMF’s Lagarde urges G20 to prioritise resolving trade tensions

IMF's Christine Lagarde is calling the G20 group to prioritise on solving trade war tensions as it could be risky to the global economic growth.

IMF warns US-China tariffs to slash global growth in 2020

IMF says the global economic outlook could be slashed by 0.5% in 2020 and cause some US$455 billion in gross domestic products to evaporate.

IMF chief says Brexit delay avoids ‘terrible outcome’

The three years since the June 2016 UK referendum to leave the EU have weighed most heavily on Britain.

China hails `New Consensus’ on trade, though deal not ready yet

“If we have a deal, then we’ll have a summit,” Trump said. It might take four weeks to put together a framework for the deal and two weeks more to get the details on paper, he said.

‘Precarious’ global rebound expected in late 2019

IMF chief Christine Lagarde said the world economy was vulnerable to shocks from Brexit, high debt levels and trade tensions, as well as unease on financial markets.

IMF warns of global economic ‘storm’ as growth undershoots

IMF Managing Director says trade tensions are already having a global impact.

Pakistan premier Khan to meet IMF chief Lagarde for talks on...

Information Minister Fawad Chaudhry says Khan will meet IMF Managing Director Christine Lagarde on the sidelines of the World Government Summit in Dubai.

IMF chief to meet Mahathir in Singapore

The prime minister is scheduled to meet Christine Lagarde on the sidelines of the 33rd Asean Summit in Singapore.

Trump says Fed ‘making a big mistake’ by being too aggressive

Trump's comments followed unprecedented criticism late Thursday, when he said the Feds had gone crazy, and blamed the interest rate increases for the stock selloff, which caused the Dow Jones Industrial Average to lose more than 800 points.

IMF chief defends rate hikes after Trump slams ‘crazy’ Fed

Lagarde spoke as a global market sell-off rolled into Asia following Trump's comments, underscoring rising financial volatility that the IMF will address at its annual meetings with the World Bank this week in Bali.

Fix trade, don’t destroy it, IMF chief Lagarde warns

Finance ministers and central bankers from many of the IMF's 189 member nations are meeting in Bali this week where concerns about protectionism have taken centre stage -- especially the escalating trade war between the United States and China.

IMF’s Lagarde warns trade conflicts dimming global growth outlook

Lagarde, in a speech ahead of the IMF and World Bank’s annual meetings next week in Indonesia, said growth was at its highest level since 2011, but had plateaued, with fewer countries participating in the expansion.

Ukraine anti-corruption court law needs amending, IMF chief says

Christine Lagarde said that lawmakers needed to amend the law to guarantee the court’s effectiveness.

IMF’s Lagarde: Trade protectionism threatens economic growth

The head of the IMF says countries should open trade further by reforming their own domestic practices rather than putting up new barriers to trade.

IMF could be based in Beijing in a decade says Christine...

Managing Director believes such a move is "a possibility" because the fund will need to increase the representation of major emerging markets as their economies grow larger and more influential.

IMF’s Lagarde condemns Paris letter bomb as ‘cowardly act’

Lagarde said the fund is "working closely with the French authorities to investigate this incident and ensure the safety of our staff."

IMF chief Lagarde found guilty over French tycoon payment

Despite the ruling the judges did not hand down any sentence in the case on her decision to allow the rare out-of-court arbitration payment.

Lagarde: Slick IMF high-flyer in court over Adidas

The case remains a blemish on an otherwise stellar international career in business, government and finance that has seen her break through barriers as a woman.

IMF boss Lagarde to go on trial in France December 12

The International Monetary Fund boss, who has repeatedly protested her innocence, faces up to a year in prison and a fine of 15,000 euros ($16,850) if found guilty.

IMF boss Lagarde to stand trial over Tapie affair

Tapie walked away with a staggering 404 million euros ($445 million) in compensation in 2008 after Lagarde ordered the long-running row over the sale of sports gear giant Adidas to be resolved by arbitration.

IMF’s Lagarde on Brexit, globalization, and politics

She also said the IMF needs to show more concern for the poorest and for social justice.

Blow for IMF’s Lagarde in French payout case

Lagarde was placed under formal investigation in 2014 for negligence in a protracted legal drama pitting Tapie against a bank which he accused of defrauding him during his sale of sports clothing giant Adidas in the 1990s.