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Christine Lagarde French President Nicolas Sarkozy meets IMF chief Christine Lagarde At Elysee Palace
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IMF to explore options to combat global economic risks

By Joycebabu on  From prokerala.com
Wed, Jan 18 2012 13:03 IST | 8 Views | Add your comment SHARE: The International Monetary Fund (IMF) would explore ways to strengthen its firepower to combat global economic risks, Christine Lagarde, managing director of the IMF, said Tuesday. "I welcome the recognition of the importance of ensuring adequate Fund firepower to help defuse the current global economic weaknesses and regional challenges," Lagarde said in a statement issued after an IMF Executive Board discussion...Read Full Story

IMF chief: Some euro countries can boost growth

By dcx on  From washingtonexaminer.com
PAN PYLAS AP Business Writer DAVOS, Switzerland The head of the International Monetary Fund said Saturday that some countries that use the euro have the flexibility to boost growth to help shore up the ailing eurozone economy, which is widely-expected to sink back into recession. Speaking at the World Economic Forum in Davos, Christine Lagarde said the 17 nations that use the euro should not undertake dramatic spending cuts to reduce debts at the same...Read Full Story

IMF chief: Some euro countries can boost growth

By kashi347 on  From hotenews.com
The head of the International Monetary Fund says that some countries that use the euro have the flexibility to boost growth to help shore up the eurozone economy. Christine Lagarde says the eurozone should develop a “clear simple firewall” to contain the contagion of the debt crisis and restore trust. In addition, she says that the 17 countries that use the currency should continue tying their economies closer together over the months and years ahead. Lagarde says the IMF has a role to...Read Full Story

Global economy in 2012 may be worse: IMF chief economist

By Joycebabu on  From prokerala.com
Thu, Dec 22 2011 12:00 IST | 0 Views | Add your comment SHARE: With downside risks in advanced economies increasing and policy environment uncertain, the world economy may see worse conditions in the coming year, warned chief economist Olivier Blanchard of the International Monetary Fund (IMF) Wednesday. In an IMF blog, Blanchard wrote that the global economy in 2011 started in recovery mode with hope. However, it is ending with growth standstill and confidence loss...Read Full Story

IMF chief warns over 1930s-style threats

By LsosA on  From cnn.com
File photo of International Monetary Fund chief Christine Lagarde speaking at the International Finance Forum in Beijing on November. STORY HIGHLIGHTS IMF chief warned the global economy faces prospect of steep retratction "Rising protectionism, isolation and . . . what happened in the 30s [Depression]" (Financial Times) -- The managing director of the International Monetary Fund has warned that the global economy faces the prospect of "economic retraction, rising...Read Full Story
WASHINGTON -(Dow Jones)- Luxembourg Finance Minister Luc Frieden said ... as an additional firewall to the firewalls we have set up in Europe." IMF chief Christine Lagarde is seeking to raise $600 billion to boost fund resources over $1 trillion ...  
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International Monetary Fund (IMF) chief Christine Lagarde is to visit Tunisia on February 1-2. An IMF spokesperson stated that Lagarde will be meeting with a number of high-ranking government officials during her visit. "This is to be Lagarde's first visit ...  
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IMF Managing Director Christine Lagarde noted Saudi Arabia's role in stabilizing the global oil market and its participation in international financial bodies in a statement issued late Saturday. She says OPEC's largest oil producer has become ...  
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Officials with Christine Lagarde's delegation said the IMF was ready to help Tunisia to deal with the difficult economic environment one year after a popular uprising overthrew its long ruling president. Tunisia saw a negative growth rate of 1.8 ...  
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WASHINGTON (Dow Jones)--International Monetary Fund chief Christine Lagarde will attend the euro group meeting scheduled for Thursday, a press officer said. Euro-zone finance ministers were set to meet in Brussels again late Thursday to take ...  
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