Search Results for: Christine Lagarde
IMF Head: Cryptocurrency Could Be the Future
October 3rd, 2017
Christine Lagarde sees a path ahead for cryptocurrency. The managing director of the International Monetary Fund, or IMF, talked up the potential of virtual currencies to supplant traditional monies in coming decades on Friday. Cryptocurrencies, or virtual currencies, are ...
Greece is fighting for debt relief
May 4th, 2017
Relief map for Greek debt? Not without a fight or two Easing Greece’s fiscal path forward is likely to be the next great struggle in the country’s agonizing, seven-year, three-package bankruptcy saga now that a bailout pact has opened ...
Japan Stocks Tumble, Yen Gains Amid Risk Aversion: Markets Wrap
April 12th, 2017
Gold remains at year’s high as geopolitical concerns linger Treasuries extend gains, oil climbs for seventh session Japanese shares tumbled after the yen jumped to the highest since November as investors avoided riskier assets amid lingering geopolitical concerns. Treasuries ...
What will help the UAE economy adjust to lower oil price
February 16th, 2017
The International Monetary Fund has issued a press release to make publish a Statement by IMF Managing Director Christine Lagarde at the Conclusion of Her Visit to UAE. It is key to develop a medium-term strategy to generate government ...
Aussie, Kiwi Sink on Rate-Cut Bets as Asia ex-Japan Stocks Fall
July 19th, 2016
S&P 500 futures slip as crude oil drops to about $45 a barrel Yen advances with U.S. Treasuries as ringgit weakens The Australian and New Zealand dollars dropped by the most this month as speculation mounted that their central ...
IMF warns on “very bad” consequences of Brexit
May 16th, 2016
The consequences of Brexit would be “pretty bad, to very, very bad”, according to International Monetary Fund chief Christine Lagarde. Speaking at the launch of the Washington-based lender’s most recent review of the UK economy, Lagarde gave a bleak ...
Greece adopted a controversial package of pension cuts and tax hikes
May 9th, 2016
Greek lawmakers late Sunday adopted a controversial package of pension cuts and tax hikes despite mass public opposition, bowing to creditor demands in a bid to unlock the next tranche of badly-needed bailout funds. The unpopular reforms, which saw ...
This Is How They Fool Us, China Edition
April 20th, 2016
So it seems that China’s economy, caught in the grip of a credit crisis just a few months ago, is all better. And so, by extension, is everyone else. As the Wall Street Journal explains it: ...
IMF Warns Of ‘Severe Economic Damage’ Of Brexit
April 12th, 2016
Brexit could cause severe damage to the global economy, the International Monetary Fund has warned. The IMF used its closely-watched World Economic Outlook report to slash its forecast for UK economic growth and warned if Britain were to leave ...
Fintech regulation has been a key agenda item at recent meetings of peak financial regulators
April 11th, 2016
The Australian Securities and Investments Commission is talking to the Monetary Authority of Singapore about an agreement to ensure that regulation does not hinder the progress of fintech start-ups looking to operate across the countries’ borders. Fintech regulation has been a key ...
