Christine Lagarde

Christine Lagarde appointed as head of ECB

European Union leaders confirmed the appointment of Christine Lagarde as the new chief of the European Central Bank, replacing Mario Draghi from November 1. Lagarde’s confirmation for a …

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IMF puts itself at odds with Trump over US economy

The US budget deficit could trigger an upsurge of inflation and interest rates that shakes financial markets, according to a report by the International Monetary Fund. In a statement following its regular Article IV assessment of the …

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SPIEF 2018 kicks off in St. Petersburg

The 22nd annual International Economic Forum (SPIEF) kicks off in Russia’s city of St. Petersburg at the ExpoForum Convention and Exhibition Center and will last for three days.  The events of the forum have been banded …

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 IMF to upgrade its outlook for global growth

The head of the International Monetary Fund Christine Lagarde said that 'the long-awaited global recovery is taking root' and that three-quarters of the globe is enjoying an economic upswing in 'the …

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Letter bomb at IMF's Paris office injures female employee

A female employee of the International Monetary Fund was injured today when a letter bomb posted to the world lender's Paris office blew up as she opened it, Reuters reports. The explosion was caused by a homemade device, the head …

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IMF: inequalities trigger economic crisis

The middle class is gradually growing at a global level, but it is in crisis in developed countries, the managing director of the International Monetary Fund (IMF), Christine Lagarde, said at the World …

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IMF improves outlook on Russia's economy

The International Monetary Fund (IMF) has improved the outlook for the Russian economy. In April 2016, the IMF said that Russia’s economy could decline by an additional 1.8% this year, in May it improved its outlook on Russia’s GDP …

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New Economic Challenges Ahead for Caucasus, Central Asia

Following a period of rapid growth, the 25th anniversary of independence for the Caucasus and Central Asia (CCA) region comes at a time of economic challenges. The decline in oil prices and the economic slowdown in China, Russia, and …

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