International Monetary Fund Managing Director Christine Lagarde says she is more positive about global economy this year than in 2016.
French judges have found IMF chief Christine Lagarde guilty of negligence for failing to challenge a 400 million euro state arbitration payout to a business tycoon in 2008 when she was French finance minister. Rosanna Philpott reports.
International Monetary Fund chief Christine Lagarde stands trial for her role in a 400 million euro payout as French finance minister in 2008 to businessman Bernard Tapie, at the Cour de Justice de la Republique, saying she is confident she has done nothing wrong. Mia Womersley reports. Continue reading
IMF chief Christine Lagarde is to go on trial for her role in a 400 million euro ($425 million) state payout to businessman Bernard Tapie in 2008 when she was France’s finance minister.
Speaking at the Council of the Americas, IMF Managing Director Christine Lagarde says China needs to keep trying to rebalance its economy away from commodity-intensive investment but also must be careful to safeguard “demand and financial stability.”