Fox Business - The Power to Prosper
Search Site

Christine Lagarde

IMF: Board Confident Lagarde Can Carry Out Her Duties Amid French Probe

The International Monetary Fund's board remains confident Christine Lagarde can carry out her duties as managing director effectively despite French authorities planning to question her Thursday as part of a criminal probe.Ms. Lagarde is scheduled to face questions from investigating magistrates at a special court over allegations she overstepped her authority as finance minister in 2007 when she referred a case pitting a French business tycoon against the state to arbitration.Ms. Lagarde and her lawyers repeatedly have repudiated accusations of wrongdoing.IMF spokesman Gerry Rice said in a regular press briefing that the executive board "continues to express confidence in the managing director's ability to effectively carry out her duties."The board was last briefed in March, and its statement reflects the IMF general counsel's assessment of the case, he said. Mr. Rice also reiterated that Ms. Lagarde had waived her privilege as managing director to claim diplomatic immunity.Asked if ...

Read More

  1. G20 Leaders: No Hard Targets on Debt Cuts

    Finance leaders of the G20 economies on Friday edged away from a long-running drive toward government austerity in rich nations, rejecting the idea of setting hard t...

  2. IMF chief says hopes for loan deal with Egypt

    The head of the International Monetary Fund said on Thursday more work is needed to conclude loan talks with Egypt but expressed hope that a deal can be struck.An IM...

  3. Lagarde: Spain Needs More Time To Tighten Budget

    Spain needs more time to slash its budget deficit to avoid worsening the country's recession, the head of the International Monetary Fund said Thursday."We do not se...

  4. Lagarde: Won't Let French Case Distract From IMF Focus

    International Monetary Fund Managing Director Christine Lagarde said she would not let a French criminal probe distract her from her role at the world's emergency le...

  5. Lagarde says French misconduct case won't affect her IMF job

    The head of the IMF, Christine Lagarde, said on Thursday she had known since 2011 she would be questioned by a French court over an arbitration payment made to a wea...

  6. Global finance leaders to discuss IMF voting power reforms

    Global finance leaders will do a stocktaking of IMF voting power changes when they meet in Washington this week amid concerns that a key IMF reform package is being ...

  7. Global economy muted again in 2013: Reuters polls

    This year now looks unlikely to deliver much improvement in the world economy's growth rate, with a weaker outlook for Europe and the United States tempering the cau...

  8. IMF Warns on Low Interest Rates

    Money-market mutual funds could face widespread investor panic if debt markets suddenly sour, the International Monetary Fund warned Thursday.That's one of several t...

  9. IMF: Low Interest Rates Raise Risk of Money-Market Mutual Fund Run

    Money-market mutual funds could face widespread investor panic if debt markets suddenly sour, the International Monetary Fund warned Thursday.That's one of several t...

  10. Japanese Automakers Recalling 3.4M Vehicles Over Airbag Problems

    FBN’s Diane Macedo breaks down the stories moving the markets around the world.

  11. Cyprus to Sell Large Portions of Gold Reserves to Boost Economy

    Markets.com chief economist Bill Hubbard on the stories moving the markets overseas.

  12. MARKET SNAPSHOT: U.S. Stocks Up For Third Day To Record Highs

    U.S. stocks on Wednesday rose for a third straight day, with the Dow Jones Industrial Average and S&P 500 index having their best sessions in six weeks.Minutes from ...

  1. IMF's Lagarde Urges Euro Members for Banking Union

    For European banking union to succeed, all EU member countries need to be in agreement, Christine Lagarde, managing director of the International Monetary Fund, said...

  2. France Tel CEO to face court in corruption probe

    France Telecom's chief executive is to appear before the disciplinary wing of a French court in charge of auditing public spending as part of a probe into alleged co...

  3. IMF, Egypt say working to reach loan deal in "coming weeks"

    The International Monetary Fund and Egyptian officials said on Sunday they were working to reach a deal on a proposed $4.8 billion loan in "coming weeks" following p...

  4. Egypt Finance Minister: Eyeing IMF Loan After Fuel Data, Tax Vote

    Egypt's finance minister said he hopes the International Monetary Fund will sign a $4.8 billion loan after the government delivers on two major policies this week: a...

  5. Global finance officials endorse World Bank target to end poverty

    Global finance officials on Saturday endorsed a new World Bank goal to end extreme global poverty by 2030 and emphasized that its focus should be on ensuring that th...

  6. IMF's Lipton adds pressure on UK to change economic course

    A senior IMF economist added pressure on Britain's finance minister George Osborne on Saturday to slow the pace of his deficit-cutting program to take into account t...

  7. IMF Chief Lagarde: Worries About Currency Valuations on the Rise

    Worries that easy money policies are putting dangerous pressure on other countries' currencies are increasing, the head of the International Monetary Fund said Satur...

‹ Prev12345Next ›
Freebase CC-BY
Source: Christine Lagarde on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL