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Wednesday, April 7, 2010 as of 11:14 AM ET

Christine Lagarde

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Christine Lagarde

Christine Madeleine Odette Lagarde (née Lallouette; born 1 January 1956) is a French lawyer who has been the Managing Director of the International Monetary Fund since 5 July 2011. Previously, she held various ministerial posts in the French government: she was Minister of Economic Affairs, Finances and Industry and before that Minister of Agriculture and Fishing and Minister of Trade in the government of Dominique de Villepin.

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UK Clegg: Government To Stimulate Economy With Credit Injection -Report

The U.

K's coalition government is preparing a "massive" increase in state-backed investment in housing and infrastructure projects in a bid to stimulate the country's economy, Deputy Prime Minister Nick Clegg said in an interview with the Financial Times newspaper published Wednesday.The coalition's "absolute priority" was to use its balance sheet to inject credit into the economy, Clegg told the FT. His comments come a day after International Monetary Fund Managing Director Christine Lagarde recommended an immediate cut in interest rates and an additional burst of quantitative easing to stimulate economic growth.On the continuing crisis in the euro zone, Clegg said it would be "of absolutely no benefit to anyone to see Greece tumble out of the euro," adding that it could set off a chain reaction that could inflict a "direct hit on Britain of potentially massive proportions," the newspaper said.Full story: http://www.ft.com/cms/s/0/7ab1d982-a42c-11e1-84b1-00144feabdc0.html#axzz1vfp10Jx...

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    European shares traded lower on Tuesday with concerns growing about Greece's political future as the country's parties struggle to form a new government.Greece's mai...

  2. How is the IMF Handling the European Debt Crisis?

    Wells Fargo Chief Economist John Silvia on economic challenges in Europe and its impact on the U.S.

  3. European Elections’ Impact on Economy, Austerity

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  4. Austerity Vs Growth a False Choice: IMF's Lagarde

    The debate over austerity versus growth is a false choice for policymakers, said Christine Lagarde, the managing director of the International Monetary Fund, on Mond...

  5. Countries Pledge $430B to Bolster IMF War Chest

    The Group of 20 nations on Friday were poised to commit at least $400 billion to bulk up the International Monetary Fund's war chest to fight any widening of Europe'...

  6. Is the Economic Recovery Sputtering or Solid?

    Mark Lamkin, Lamkin Wealth Management, and Bob O’Brien, Barron’s Online stocks editor, give their takes on whether the economic recovery is pushing forward or at a standstill.

  7. IMF Chief Says Euro Zone Can Help Spain's Banks

    Spain is working to resolve problems with its ailing banks and there are euro-zone resources available to help if needed, International Monetary Fund Managing Direct...

  8. IMF Chief: Euro-Zone Resources Can Help Spain Banks

    Spain is working to resolve problems with its ailing banks and there are euro-zone resources available to help if needed, International Monetary Fund Managing Direct...

  9. IMF Chief: Euro-Zone Resources Exist To Help With Spain Banks

    Spanish authorities are working to resolve problems with their ailing banks and there are euro-zone resources available to help if needed, International Monetary Fun...

  10. IMF's Lagarde Says Dark Clouds Hover Over Outlook

    "Dark clouds" have gathered over a "timid" global economic recovery, said IMF Managing Director Christine Lagarde on Thursday. "There is a fragile situation with sti...

  11. Brainard: EU Must Be Careful To Avoid Downward Growth Spiral

    The U.S. will press euro-zone finance leaders this week to carefully balance economic reform and urge a statement of clear support for ailing member countries as the...

  12. Treasury's Brainard: IMF Has Enough Firepower

    The International Monetary Fund is in "a good place" on "core" resources to handle any spillover from the European financial crisis, said Lael Brainard, the Treasury...

  1. IMF's Lagarde, OECD Call For More Euro Debt Sharing

    International Monetary Fund head Christine Lagarde Tuesday called on euro-zone governments to accept more common liability for each other's debts, saying that the re...

  2. Barclays Global Research Head: Greek Euro Exit Likely

    Greece is likely to leave the euro zone by the new year after Europe crafts a plan for an orderly exit, Barclays PLC's (BCS) global head of research predicted Thursd...

  3. Greece Heads Toward New Elections

    Attempts to form a government in Greece collapsed on Tuesday, jolting financial markets at the prospect that leftists opposed to the terms of an EU bailout could swe...

  4. Merkel: We Want Greece to Remain in the Euro

    Trade Aviator President Andre Julian on the risk of Greek default and whether the country will remain in the eurozone.

  5. Will Greece Dump the Euro? Watch Shares of De La Rue for Clues

    The latest guessing game in the global financial markets revolves around whether debt-ridden Greece will remain in the beleaguered eurozone.Investors searching for c...

  6. IMF Praises Spain's Move To Strengthen Banks

    International Monetary Fund chief Christine Lagarde praised Spain's latest moves to shore up the health of its banking system, endorsing requirements that Spanish ba...

  7. IMF's Lagarde Praises Spain's Move To Strengthen Banks

    International Monetary Fund chief Christine Lagarde praised Spain's latest moves to shore up the health of its banking system, endorsing requirements that Spanish ba...

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