July 17, 2019 8:05 am
Christine Lagarde's resignation came two weeks after her nomination on July 2 for the ECB's top job. She did not immediately quit the IMF because of uncertainty over whether the new European Parliament would support her and other new EU leadership positions, sources told Reuters.
July 03, 2019 12:43 pm
The IMF in its statement said it accepted Christine Lagarde decision to temporarily step aside and named IMF First Deputy Managing Director David Lipton as the fund's acting chief, expressing its "full confidence" in the American economist.
July 03, 2019 7:10 am
Lagarde, once France's first woman finance minister and since 2011 head of the International Monetary Fund (IMF), is a strong advocate of female empowerment, although she has no direct, active monetary policy experience. The biggest task for Lagarde, who had previously denied any interest in an EU job, will be to revive the euro zone economy.
June 06, 2019 7:09 am
Earlier on Wednesday, the IMF said current and threatened US-China tariffs could cut 2020 global gross domestic product by 0.5%, or about $455 billion -- a loss larger than G20 member South Africa's annual economic output.
April 30, 2019 1:29 pm
Washington and Beijing have been engaged for the past year in a trade war marked by tariffs on billions of dollars in goods and threats of escalation. The talks are now at a critical point.
February 10, 2019 7:33 pm
UK businesses fear a possible "no-deal" Brexit with the EU will cause economic chaos by imposing tariffs, customs and other barriers between Britain and mainland Europe.
October 12, 2018 8:25 am
Lagarde said she would require absolute transparency on Pakistan's debts, including those owned by China.
October 11, 2018 12:47 pm
Formally launching the IMF and World Bank annual meetings on the Indonesian resort island of Bali, Lagarde urged countries to "de-escalate" trade conflicts and fix global trading rules instead of abandoning them.
July 23, 2018 10:33 am
The plane which was destined for the United States experienced a drop in cabin pressure about 200 km (124 miles) north of the Argentine capital and returned to Ezeiza to land.
June 15, 2018 12:28 am
The US economy is getting a boost from the Trump administration's tax cuts and higher government spending, but the IMF expects growth to slow considerably in coming years.
December 20, 2016 12:35 pm