CHRISTINE LAGARDE

  • IMF executive board backs Lagarde over corruption probe August 31, 2014

    Washington: The executive board of the IMF has expressed full confidence in its managing director Christine Lagarde, who is facing a criminal investigation in France linked to a 2008 political corruption probe. The highest decision making body of the IMF met at its headquarters here on Saturday in the wake of...
  • IMF's Christine Lagarde put under investigation in French fraud case August 27, 2014

    Paris: IMF chief Christine Lagarde has been put under formal investigation by French magistrates for alleged negligence in a political fraud affair dating from 2008 when she was finance minister. Lagarde was questioned by magistrates in Paris this week for a fourth time under her existing status as a witness in...
  • US debt crisis threatens world economy: IMF October 4, 2013

    Washington: Terming the current debt crisis in America as "missioncritical", the International Monetary Fund has warned the US that its impending debt crisis could damage not only its domestic economy, but the entire global economy. "The ongoing political uncertainty over the budget and the debt ceiling does not help. The government...
  • French police raid IMF chief Christine Lagarde's flat March 21, 2013

    Paris: French authorities searched the Paris apartment of IMF chief Christine Lagarde on Wednesday in an investigation into her award of a 2008 arbitration payment to a businessman supporter of former president Nicolas Sarkozy, her lawyer said. Lagarde, who was Sarkozy's finance minister at the time, has denied wrongdoing in ending...
  • Do not relax: IMF chief to world leaders January 26, 2013

    Davos: In order to keep up the recovery momentum in the world economy, International Monetary Fund chief Christine Lagarde on Saturday asked countries and their leaders to follow the 'do not relax' principle and not let complacency come into their efforts. "I will pursue with 'do not relax' principle. The...
  • IMF chief urges big world economies to promote growth January 18, 2013

    Washington: Nations around the globe need to press forward with fiscal and reform promises, especially in the United States and Europe, to reduce the uncertainties shackling growth, the head of the IMF said on Thursday, warning that the global economy barely dodged a bullet in 2012. IMF Managing Director Christine Lagarde...
  • Coal pollution kills 70,000 a year in India: IMF June 13, 2012

    Washington: IMF chief Christine Lagarde on Tuesday said pollution from coal generation plants causes about 70,000 premature deaths every year in India. Without giving any further details about deaths due to pollution in India, Lagarde noted that environmental problems doesn't just end with climate change. The IMF Managing Director said she believes...
  • IMF Chief discusses global economy with Pranab March 20, 2012

    New Delhi: Amid global uncertainties, IMF Chief Christine Lagarde on Tuesday met Finance Minister Pranab Mukherjee and deliberated on the importance of the multilateral agency in stabilising the world economy. "We particularly discussed the euro area situation and we also discussed the role of IMF and...
  • IMF chief Christine Lagarde to visit India March 9, 2012

    Washington: Christine Lagarde, the chief of International Monetary Fund, will visit India later this month and is likely to discuss various economic policies and reforms related to the fastgrowing Asian economy. Lagarde will also be visiting China next week, following which she would be in New Delhi on March 1920 for...
  • Delhi to host IMF conference on India, China March 9, 2012

    Washington: The International Monetary Fund said it will host a highlevel conference on India and China, to be held in New Delhi next week. IMF Managing Director, Christine Lagarde would be travelling to New Delhi for the twoday conference on 'China and India Sustaining High Quality Growth' to be held...
  • IMF chief Lagarde to visit India in March January 28, 2012

    Davos: International Monetary Fund (IMF) chief Christine Lagarde will visit India in March. After meeting Lagarde on the sidelines of the World Economic Forum (WEF) annual meeting here, Commerce and Industry Minister Anand Sharma told reporters, "We had free exchange of views and we have known each other for a...
  • IMF Chief warns of another great depression December 16, 2011

    Speaking at the US State Department Christiane Lagarde speaking on escalating euro zone crisis also called for collective action. ...
  • No country immune from economic crisis: Lagarde December 16, 2011

    Washington: No country is immune from an "escalating" euro zone crisis and each one must act to head off the risk of a global depression, the head of the International Monetary Fund said on Thursday. IMF Managing Director Christine Lagarde, speaking at the US State Department, said the outlook for the...
  • European chief of IMF Antonio Borges resigns November 17, 2011

    Washington: Amidst deepening European economic crisis, the head of the International Monetary Fund (IMF) in Europe has resigned citing personal reasons, the Washingtonheadquartered world body said. "Antonio Borges, Director of the International Monetary Fund's European Department, has notified IMF Managing Director Christine Lagarde of his intention to leave the Fund for...
  • Asia not immune to euro zone woes: IMF chief November 12, 2011

    Tokyo: Asia clearly continues to drive global economic recovery, but if strains in the euro zone worsen the region will be negatively affected via trade and financial sector links, International Monetary Fund chief Christine Lagarde said on Saturday. Lagarde was speaking at a news conference after a meeting with Japanese Finance...
  • World economy enters dangerous phase: IMF chief September 23, 2011

    Washington: The head of the International Monetary Fund says the global economy has entered a dangerous phase and that the heavy debt burdens could "suffocate" a recovery. Nations must work together to meet the growing risks, IMF Managing Director Christine Lagarde said on Thursday. Banks must provide more capital, and...
  • IMF recognises NTC as Libyan government September 10, 2011

    Washington: International Monetary Fund (IMF) on Saturday recognised the rebel's National Transitional Council (NTC) as the legitimate government of Libya, assuring the war ravaged country of rapid and sustainable economic recovery. "I am happy to report that reflecting the views of the international community, the IMF will deal with the NTC...
  • Europe rejects IMF call for more bank capital September 1, 2011

    Frankfurt: European politicians on Thursday rejected an International Monetary Fund call for banks to raise up to 200 billion euros ($290 billion) in new capital, adding to fears that policymakers may be underestimating the severity of the debt crisis. IMF chief Christine Lagarde's call on Saturday for mandatory capitalisation of European...
  • Act now to save global recovery: IMF chief August 28, 2011

    Wyoming: The new head of the IMF on Saturday called on global policymakers to pursue urgent action, including forcing European banks to bulk up their capital, to prevent a descent into a renewed world recession. "Developments this summer have indicated we are in a dangerous new phase," International Monetary Fund Managing...
  • French court orders probe into IMF Chief Lagarde August 5, 2011

    Paris: France's public prosecutor had recommended the Court of Justice of the Republic, a special tribunal that can judge ministers, order an investigation, following a request from opposition Socialist Party politicians. The court had been due to rule in June, as Lagarde was bidding for the IMF job, but asked for...
  • IMF chief issues a warning on US debt crisis July 27, 2011

    Washington: The impact of a failure to raise the US borrowing limit could extend beyond America's borders and damage the global economy, the chief of the International Monetary Fund said on Tuesday. In a speech at the Council on Foreign Relations in New York, Christine Lagarde urged US political leaders to...
  • IMF releases new funds for Greek rescue July 9, 2011

    Washington: The International Monetary Fund's executive board on Friday approved a disbursement of about 3.2 billion euros to help Greece pay debts due this month and return to positive economic growth in 2012. In announcing the payment, part of a 110 billion euro IMFEuropean Union bailout package crafted for Greece last...
  • Lagarde to give China senior IMF job: sources July 7, 2011

    Washington: China is close to clinching a toplevel post at the International Monetary Fund, sources familiar with the situation said on Wednesday after the IMF's new chief pledged to give more power to emerging economies. IMF sources said Min Zhu, a Chinese national who was a special advisor to Dominique StraussKahn,...
  • Global economies facing uneven recovery: Lagarde July 7, 2011

    Washington: Observing that countries like India and China are growing at a much faster pace than the advanced economies, the new IMF Managing Director Christine Lagarde on Wednesday said the global economy is turnaround is uneven. She said the world has clearly gone over the financial crisis that hit all economies,...
  • Lagarde takes over as the new chief of the IMF July 5, 2011

    Washington: Christine Lagarde on Tuesday took over as the new chief of the IMF, replacing Dominique StraussKahn, as it gears to play a key role in shaping the global economic future, giving more voice to emerging economies like India. The Former French Finance Minister assumed charge as the new Managing...
  • Pranab Mukherjee congratulates new IMF chief June 29, 2011

    Washington: Finance Minister Pranab Mukherjee on Tuesday congratulated French Finance Minister Christine Lagarde on her appointment as the new Managing Director of the International Monetary Fund. In a message to Lagarde, Mukherjee congratulated her on her new position and said India is looking forward to working with her in her capacity...
  • France's Lagarde named first woman IMF chief June 28, 2011

    Washington: French Finance Minister Christine Lagarde on Tuesday became the first woman to head the International Monetary Fund after its executive board chose her over Mexican central bank governor Agustin Carstens. Lagarde, 55, who succeeds Dominique StraussKahn, is the first woman named to the top IMF post since the institution's...
  • US backs France's Lagarde for top post June 28, 2011

    Washington: The US on Tuesday declared its backing for the "exceptionally talented" French Finance Minister Christine Lagarde's candidacy to head the IMF, on the eve of a board meeting that is set to elect the successor to Dominique Strauss Kahn. "I am pleased to announce our decision to support Christine Lagarde...
  • France's Lagarde poised to become next IMF chief June 28, 2011

    Washington: French Finance Minister Christine Lagarde on Tuesday will likely be named the next head of the International Monetary Fund despite a strong challenge to Europe's traditional hold on the job. An informal survey by Reuters of voting countries indicated Lagarde should easily get the majority support needed over Mexico's central...
  • Lagarde, Carstens shortlisted for top IMF post June 14, 2011

    Washington: France's Christine Lagarde and Mexico's Agustin Carstens were on Tuesday shortlisted to lead the International Monetary Fund. The new managing director would be announced by June 30, the IMF said in a statement. "The Executive Board will meet with the candidates in Washington and, thereafter, meet to discuss the strengths...