International Monetary Fund chief Christine Lagarde led a global push for the eurozone to build up its financial firewall at the Davos Forum on Saturday, saying it is essential both as an act of trust and limiting contagion in the crisis-hit bloc.
The International Monetary Fund lowered its global economic growth forecast for 2012 to 3.3% from the 4% it predicted in September, citing the eurozone debt crisis and steep government budget cuts as danger factors.
International Monetary Fund chief Christine Lagarde said Wednesday that the world risks plunging into a "downward spiral" of financial instability, urging Asian economies to be on their guard.
IMF chief Christine Lagarde has called on advanced economies to take bold actions to bolster growth and reduce budget deficits, warning that the escalating debt crisis was threatening an already “anemic and bumpy recovery”.
François Picard’s panel chalks up the winners and losers of the conflict in Libya, approves the IMF’s Christine Lagarde for her straight talk on European banks, and argues over the impact of Nicolas Sarkozy’s inner circle ordering the phone-tapping of two investigative journalists.
François Picard’s panel chalks up the winners and losers of the conflict in Libya, approves the IMF’s Christine Lagarde for her straight talk on European banks, and argues over the impact of Nicolas Sarkozy’s inner circle ordering the phone-tapping of two investigative journalists.
Markus Karlsson meets Laurence Parisot, the head of the French employers' federation, Medef. He asks her what she thinks about the current state of the French economy.
French magistrates have formally opened an investigation into the possible complicity of IMF director Christine Lagarde in embezzlement of public funds over her approval of a huge payment for a businessman while serving as finance minister in 2008.
MEDIAWATCH FRANCE, Fri. 5/8/2011. More on Christine Lagarde's legal woes; Marine Le Pen backs up her father's controversial declaration on the Norway killings; the French far-right distances itself from Breivik; and a fugitive from French justice puts a mocking video online.
An inquiry into recently appointed IMF chief Christine Lagarde's actions as French finance minister won't jeopardise her position, lawyers say. The investigation, announced Thursday, will look into allegations of abuse of power.
