BUENOS AIRES U.S. Treasury Secretary Jack Lew said major emerging market countries should be better able to anticipate a U.S. interest rate hike because of the Federal Reserve’s clear communications, a recapitalised International Monetary Fund and efforts to coordinate monetary and fiscal policies.
MADRID Crowds jeered at former International Monetary Fund chief Rodrigo Rato when he arrived at a Madrid court on Monday to face trial for his alleged misuse of company credit cards on extravagant personal expenses.
PARIS International Monetary Find (IMF) chief Christine Lagarde will stand trial for her role in a 400 million euros ($440 million) payout as French finance minister in 2008 to businessman Bernard Tapie from Dec. 12, a French court said on Monday.
THESSALONIKI, Greece A rift between the International Monetary Fund and the European Union over how to make Greece's debt sustainable is damaging the country's attempts at economic recovery, Prime Minister Alexis Tsipras said on Sunday.
WASHINGTON International Monetary Fund Managing Director Christine Lagarde said the institution will likely downgrade its 2016 global growth forecast again as economic prospects are dimmed by weak demand, flagging trade and investment and growing inequality.
PARIS France's highest appeals court ruled on Friday that International Monetary Fund chief Christine Lagarde must stand trial for her role in a 400 million euros ($440 million) state payout in 2008 to businessman Bernard Tapie. | Video
PARIS France's highest appeals court ruled on Friday that International Monetary Fund chief Christine Lagarde must stand trial for her role in a 400 million euros ($440 million) state payout in 2008 to businessman Bernard Tapie.
BEIJING International Monetary Fund Managing Director Christine Lagarde said on Friday Brexit meant the global growth forecast was revised down and that uncertainty from Britain's decision to leave the European Union should be removed as soon as possible.
BENGALURU India's economy will hum along at a solid pace for the remainder of this fiscal year provided structural reforms are passed, while above-target inflation means the Reserve Bank of India will only cut rates once more this year, a Reuters poll found.
WASHINGTON/NEW YORK The loss of correspondent banking relationships in developing countries as major banks try to limit risk exposures could marginalise small economies and cause "systemic" disruptions to their financial systems, the head of the International Monetary Fund said on Monday.