Home » Topics » christine lagarde (Page 2)
IMF chief cautiously upbeat on global economy
IMF chief Christine Lagarde said measures taken to fight financial woes in Europe and the United States were starting to pay off, in a cautiously upbeat assessment of the global economy. Lagarde was in Beijing for a two-day trip to attend a forum on China’s development and hold meetings with…
Greece clinches landmark debt swap
Greece said on Friday it had clinched a “historic” debt swap, opening the way for an urgent second bailout to save the country from bankruptcy and the eurozone from a new crisis. Private creditors tendered bonds amounting to 83.5 percent of debt covered by a deal to cancel half the…
Italian lawmakers set to approve key reforms
Italian lawmakers were set to give the nod Saturday to a reform package aimed at staving off bankruptcy, as Greece got to work on its own economic makeover after a week of eurozone debt trauma. Italy’s lower house of parliament was to meet from 1130 GMT to give final approval…
IMF chief warns world economy risks ‘downward spiral’
International Monetary Fund chief Christine Lagarde on Wednesday warned the world risked plunging into a “downward spiral” of financial instability and urged Asian economies to be on their guard. Lagarde said Asia was not immune to problems currently sweeping the eurozone, as she began a two-day visit to China likely to focus on the deepening debt…
IMF recognises Libya’s fledgling administration
The International Monetary Fund said Saturday it now recognizes the transitional government in Libya, paving the way for the fledgling administration to benefit from the IMF’s financial help. “Libya is now formally represented at the IMF by the National Transitional Council,” IMF chief Christine Lagarde told reporters at a G8 finance ministers’…
IMF chief urges bold action in G7 crisis talks
Finance ministers from the world’s richest economies gathered Friday to work out how to head off gathering storm clouds, as the new IMF chief urged bold action on the sovereign debt crisis. After US President Barack Obama unveiled a $447 billion jobs plan to energise the world’s largest economy, finance…
World Bank chief believes U.S. will avoid recession
SINGAPORE — World Bank head Robert Zoellick said Tuesday he was confident the United States would not sink into another recession, despite widespread fears over the state of the world’s biggest economy. Zoellick’s comments come just days after official figures showed no jobs were created in the United States in…
IMF chief: Dollar status in doubt if debt crisis persists
WASHINGTON — IMF chief Christine Lagarde warned Thursday that failure to resolve the US debt crisis would likely raise “doubts” about the dollar’s status as the world’s prime reserve currency. “It would probably entail a decline of the dollar relative to other currencies, and probably doubts in the mind of…
Lawmakers head for showdown over debt plans
WASHINGTON (Reuters) - President Barack Obama’s Democrats and their Republican rivals on Tuesday headed for a showdown over competing debt plans one week before a deadline for averting a potentially disastrous U.S. default. With the two sides further apart than ever and the threat of a far-reaching U.S. credit downgrade looming, IMF chief Christine Lagarde urged…
IMF chief warns of global dangers of U.S. default
IMF chief Christine Lagarde warned Tuesday the clock was ticking on a US debt deal, as the dollar slid to new lows amid concerns of a looming and unprecedented default by the world’s top economy. President Barack Obama, in a solemn late night address to the nation, hit out at what…
Brand new on Raw Story
- Obama’s approval rating up despite scandals
- Rove says his super PAC is same as NAACP because it’s for ‘social welfare’
- Florida parent says ‘religious zealots’ got teen daughter arrested for lesbian relationship
- Paul Ryan: IRS connection to Obamacare is ‘rotten to the core’
- Internet in ‘coma’ as Iran election looms
- Holocaust documentary raises questions of Jewish guilt
- HIV vaccine efforts face several years of ‘void’ after latest setback
- Al Jazeera faces uphill battle with planned U.S. launch
- Russia retrieves mice and newts from space in preparation for Mars mission
- Kuwait deports ‘hundreds’ for traffic offenses
Commentary
Stop whining about Millennials
By Pando Daily
Six ways the GOP could screw up the Obama administration’s scandals
By Ana Marie Cox, The Guardian
Raw Exclusives
Featured Video
Follow Us!
