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Christine Lagarde, head of the International Monetary Fund

IMF’s Lagarde says global economy has moved forward

The International Monetary Fund’s (IMF) Managing Director, Christine Lagarde, while speaking at the Boao Business Forum in Hainan, southern China, firmly underlined that the global economy recovered significantly in the past one year, but remained vulnerable to various risks. Commending the unconventional yet successful financial policies adopted by Asian countries, she said that: “Growth continues to strengthen and broaden among the emerging and developing economies while momentum is starting to pick up in the U.S.”

Christine Lagarde top contender for next IMF chief

Christine Lagarde top contender for new IMF chief

Following ex-IMF chief Dominique Strauss-Kahn’s scandalous arrest on May 14 in New York, a number of names have been thrown up for the selection of the new head of the International Monetary Fund, the latest among these being Christine Lagarde, who visited Brazil to gather support for her IMF candidacy. A 55-year-old former lawyer, and [...]