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christine lagarde

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World shares sink as bond yields, commodities surge

MSCI's All Country World Index, which tracks shares across 49 countries, was down 0.4% after the start of European trade.
People walk past a bank's electronic board showing the Hong Kong share index in Hong Kong Monday, Feb. 22, 2021. (AP)
People walk past a bank's electronic board showing the Hong Kong share index in Hong Kong Monday, Feb. 22, 2021. (AP)
Published on Feb 22, 2021 03:39 PM IST
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Reuters | , London

Gold gains on stimulus bets, concerns over vaccine rollout

Gold prices are still down about 4.1% so far this week after Monday’s encouraging late-stage vaccine trial data from Pfizer Inc powered a surge in equities and drove a sharp retreat in safe-haven bullion.
Gold has risen about 23% this year amid unprecedented global stimulus during the pandemic, given its status as a hedge against likely inflation and currency debasement resulting from the measures.(Reuters file photo)
Gold has risen about 23% this year amid unprecedented global stimulus during the pandemic, given its status as a hedge against likely inflation and currency debasement resulting from the measures.(Reuters file photo)
Updated on Nov 12, 2020 09:32 PM IST
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Reuters | ByReuters | Posted by Deepali Sharma

One year in, Christine Lagarde stamps her style on crisis fighting ECB

The new style, in keeping with Lagarde’s stated aim to build a “bridge with the public,”often means more frequent remarks by the president and Executive Board than under her predecessor,Mario Draghi
“I’m going to be myself, and therefore probably different,” Christine Lagarde declared in a defining monologue at her first press conference as European Central Bank president in late 2019(AFP)
“I’m going to be myself, and therefore probably different,” Christine Lagarde declared in a defining monologue at her first press conference as European Central Bank president in late 2019(AFP)
Published on Nov 01, 2020 05:34 PM IST
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Frankfurt | ByBloomberg | Posted by Ayshee Bhaduri

Covid-19: World economy that took elevator down faces steep stairs back up

Even with those rescue efforts, the world is still suffering its worst economic crisis since the Great Depression.
A street is crowded by shoppers in Tokyo. Japan’s economy is opening cautiously, with social-distancing restrictions amid the coronavirus pandemic.(AP)
A street is crowded by shoppers in Tokyo. Japan’s economy is opening cautiously, with social-distancing restrictions amid the coronavirus pandemic.(AP)
Published on Jul 05, 2020 11:04 PM IST
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ByBloomberg | Posted by Arpan Rai

Lagarde to get harsh snapshot of the ECB’s economic challenges

As the former French finance minister counts down to taking over from Mario Draghi, the deteriorating backdrop that pushed the ECB into a new round of monetary stimulus less than two months ago will be brutally exposed.
With a manufacturing slump threatening to spill over into services, euro-area growth was probably just 0.1% in the third quarter.(Bloomberg)
With a manufacturing slump threatening to spill over into services, euro-area growth was probably just 0.1% in the third quarter.(Bloomberg)
Published on Oct 29, 2019 11:29 AM IST
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Bloomberg | ByCatherine Bosley

EU states begin voting to break deadlock on IMF pick

Deep divisions were reflected in the European Union over the IMF’s role during the financial crisis beginning in 2008, which results in mistrust between northern members of the bloc against the south.
EU governments began voting Friday on their candidate to lead the International Monetary Fund.(REUTERS Photo)
EU governments began voting Friday on their candidate to lead the International Monetary Fund.(REUTERS Photo)
Published on Aug 02, 2019 07:17 PM IST
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France | ByAgence France-Presse

Ex-RBI Governor Raghuram Rajan in running for IMF chief’s post?

The IMF role fell vacant after current MD Christine Lagarde announced her resignation last week after she was nominated by the European Council as president of the European Central Bank.
Rajan, currently a professor at the University of Chicago, was often mentioned by the British media as the probable next governor for the Bank of England (BoE) — whose selection process is currently underway.(REUTERS FILE PHOTO)
Rajan, currently a professor at the University of Chicago, was often mentioned by the British media as the probable next governor for the Bank of England (BoE) — whose selection process is currently underway.(REUTERS FILE PHOTO)
Updated on Jul 22, 2019 09:47 AM IST
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Hindustan Times, London | ByPrasun Sonwalkar

US economist David Lipton named as interim leader of IMF

“We accept Ms. Lagarde’s decision to relinquish her IMF responsibilities temporarily during the nomination period,” the board said.
The International Monetary Fund (IMF) headquarters.(Reuters Photo)
The International Monetary Fund (IMF) headquarters.(Reuters Photo)
Published on Jul 03, 2019 05:43 AM IST
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Washington | ByAgence France-Presse

‘Very close to securing IMF bailout’: Pakistan finance minister Asad Umar

A day earlier, Prime Minister Imran Khan met IMF chief Christine Lagarde in Dubai to discuss a bailout, and the country’s foreign currency reserves have dwindled to around $8 billion, just enough to cover about two months of imports
Pakistani prime minister Imran Khan.(AP file photo)
Pakistani prime minister Imran Khan.(AP file photo)
Updated on Feb 11, 2019 07:21 PM IST
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Islamabad | ByReuters

IMF’s Christine Lagarde warns of worse trade hit to global economy

Investment would be reduced further if President Donald Trump follows through on his threat to impose steep tariffs on auto imports from all countries except Canada and Mexico, which would result in retaliation from trading partners on US exports.
In this file photo taken on October 4, 2018 International Monetary Fund (IMF) managing director Christine Lagarde speaks during a press conference in Tokyo.(AFP)
In this file photo taken on October 4, 2018 International Monetary Fund (IMF) managing director Christine Lagarde speaks during a press conference in Tokyo.(AFP)
Updated on Nov 29, 2018 12:11 AM IST
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Washington | ByPress Trust of India

Pak may not seek IMF bailout, seeking help from ‘friendly countries’: Imran Khan

Though he did not name any countries, Pakistani media has reported that the government was consulting allies like China and Saudi Arabia for financial help.
Imran Khan has vowed to steer Pakistan out of a looming balance-of-payments crisis, saying it needs USD 10 to 12 billion.(Reuters File Photo)
Imran Khan has vowed to steer Pakistan out of a looming balance-of-payments crisis, saying it needs USD 10 to 12 billion.(Reuters File Photo)
Updated on Oct 19, 2018 12:10 AM IST
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Islamabad | ByPress Trust of India

IMF-World Bank ends meetings with call to brace for risks

The meetings in Bali, Indonesia, this week were overshadowed by a spate of financial market turmoil and by the threat to global growth from the trade clash between the US and China over Beijing’s technology policies.
IMF Managing Director Christine Lagarde (CF), Central Bank governors and finance ministers pose for a group photo at the International Monetary Fund - World Bank Group Annual Meeting 2018 in Nusa Dua, Bali, Indonesia October 13, 2018.(Reuters Photo)
IMF Managing Director Christine Lagarde (CF), Central Bank governors and finance ministers pose for a group photo at the International Monetary Fund - World Bank Group Annual Meeting 2018 in Nusa Dua, Bali, Indonesia October 13, 2018.(Reuters Photo)
Published on Oct 13, 2018 06:40 PM IST
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Nusa Dua | ByAssociated Press

IMF chief ‘horrified’ by reports of Khashoggi case, but Saudi trip unchanged

Christine Lagarde says she still plans to attend an economic meeting in Riyadh.
IMF chief Christine Lagarde(Reuters)
IMF chief Christine Lagarde(Reuters)
Updated on Oct 13, 2018 12:31 PM IST
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Nusa Dua, Indonesia | ByAgence France-Presse

Sensex crashes over 750 points, Nifty below 10,300; over 3 lakh crore investor wealth wiped out

Heavy selling was witnessed in banking, IT, metals, auto and capital goods stocks. All 19 sector-based indices on the BSE, except the energy index, traded in the red. Led by the sharp carnage in equities, the market capitalisation of BSE-listed companies slumped 3,05,625.87 crore to 1,35,59,695.82 crore in late morning trade.
Mumbai, India - Oct. 11, 2018:A stock broker reacts as he watches the Bombay Stock Exchange (BSE) index on his trading terminal in Mumbai, India, on Thursday, October 11, 2018.(Kunal Patil/HT Photo)
Mumbai, India - Oct. 11, 2018:A stock broker reacts as he watches the Bombay Stock Exchange (BSE) index on his trading terminal in Mumbai, India, on Thursday, October 11, 2018.(Kunal Patil/HT Photo)
Updated on Oct 11, 2018 04:48 PM IST
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Agencies, Mumbai | ByAgencies

IMF chief, Pakistan FM meet as Islamabad seeks bailout package

Prime Minister Imran Khan on Wednesday vowed to steer the country out of a looming balance-of-payments crisis, saying it needs $10-12 billion.
IMF Managing Director Christine Lagarde (L) greeting Pakistan Finance Minister Asad Umar (R) at the Bali Convention Centre during the 2018 IMF/World Bank annual meetings in Nusa Dua on the Indonesian resort island of Bali.(AFP Photo/IMF/Stephen Jaffe)
IMF Managing Director Christine Lagarde (L) greeting Pakistan Finance Minister Asad Umar (R) at the Bali Convention Centre during the 2018 IMF/World Bank annual meetings in Nusa Dua on the Indonesian resort island of Bali.(AFP Photo/IMF/Stephen Jaffe)
Published on Oct 11, 2018 02:42 PM IST
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Nusa Dua, Indonesia | ByAgence France-Presse

IMF chief defends rate hikes after Donald Trump slams US Federal Reserve as ‘crazy’

Following a sharp Wall Street sell-off on Wednesday, Trump said the Federal Reserve “is making a mistake.”
IMF Managing Director Christine Lagarde talks during a trade conference at the 2018 International Monetary Fund (IMF) World Bank Group Annual Meeting at Nusa Dua in Bali Province, Indonesia, October 10, 2018.(REUTERS/Antara Foto)
IMF Managing Director Christine Lagarde talks during a trade conference at the 2018 International Monetary Fund (IMF) World Bank Group Annual Meeting at Nusa Dua in Bali Province, Indonesia, October 10, 2018.(REUTERS/Antara Foto)
Updated on Oct 11, 2018 12:31 PM IST
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Nusa Dua (Indonesia) | ByAgence France-Presse

Harvard professor Gita Gopinath appointed chief economist of International Monetary Fund

Prof. Gita Gopinath currently serves as the John Zwaanstra Professor of International Studies and Economics at Harvard University.
Gita Gopinath is one of the world’s outstanding economists, an IMF statement said.(Photo: Twitter/@IMF)
Gita Gopinath is one of the world’s outstanding economists, an IMF statement said.(Photo: Twitter/@IMF)
Updated on Oct 01, 2018 09:15 PM IST
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New Delhi | ByHT Correspondent

Kathua case ‘revolting’, hope India pays more attention to it: Lagarde

Christine Lagarde clarified that this was her personal position and not that of the IMF.
IMF chief Christine Lagarde’s remarks come in the backdrop of nationwide outrage over the rape cases in Kathua and Unnao.(Reuters)
IMF chief Christine Lagarde’s remarks come in the backdrop of nationwide outrage over the rape cases in Kathua and Unnao.(Reuters)
Updated on Apr 19, 2018 09:55 PM IST
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Press Trust of India, Washington | ByPress Trust of India

IMF chief says China’s Belt and Road initiative progressing but warns of debt risks

One challenge is to ensure that Belt and Road only travels where it is needed, and the second is to focus on sound fiscal policies, Christine Lagarde said.
International Monetary Fund (IMF) Christine Lagarde speaks at the Joint People's Bank of China-International Monetary Fund High-Level Conference in Beijing on April 12, 2018.(AFP Photo)
International Monetary Fund (IMF) Christine Lagarde speaks at the Joint People's Bank of China-International Monetary Fund High-Level Conference in Beijing on April 12, 2018.(AFP Photo)
Published on Apr 12, 2018 12:20 PM IST
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Reuters, Beijing | ByHT Correspondent
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Tuesday, December 07, 2021