Topic: Christine Lagarde

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Seven women who shaped the world in 2011

Women played some significant roles this past year, from making peace to crafting economic policy in the midst of a crisis. Here are seven who shaped 2011:
12/30/2011 07:39 pm

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More women in the boardroom? Europe considers forcing the issue.

Gender quotas are receiving increased attention – and dividing governments – across Europe.
IMF to US: Economy sounder, but ditch the sequester

IMF says spending cuts 'ill-designed.' IMF urges Congress to cancel the $85 million sequester cuts and reform Social Security instead.
The Reformed Broker Is Europe backing away from austerity?

Europe's leaders may be revisiting austerity policies in the face of slow economic growth and weak public support. Will that lead to concrete changes?
Latin America Monitor Inflation plays role in Argentine teacher strike

President Cristina Fernández de Kirchner’s refusal to accurately report Argentina's soaring inflation rate has led to a strike by teachers in 17 provinces – granting more than 5 million children a few extra days of summer vacation.
When Britain talks Europe exit, who cares about 'euro crisis'?

'Brexit' replaces 'Grexit' even as last year's prophets of doom go in hiding: Greek, Italian, Spanish crises seem on auto-pilot as continent's glitterati ski at swanky Davos.
Focus Do French women need feminism?

Working French women, backed by generous government policies, enjoy a reputation for 'having it all.' But that may not mean what Americans might think.
The Monitor's View A parachute for Americans on their fiscal cliff

The hard decisions in the fiscal cliff negotiations between the GOP and Democrats would be easier if lawmakers could point to other nations that have seen the benefits of fiscal discipline in lifting an economy.
Euro officials cut a deal on Greek debt

Eurozone finance ministers agreed to give Greece the next installment of its bailout loan, totaling about $57.8 billion. Greece will soon enter its sixth year of recession.
Home Depot soars, stocks fall in uneven trading

Home Depot earnings beat expectations, sending its stock up 3.6 percent. Despite signal of housing recovery from Home Depot results, 'fiscal cliff' in US and postponement of aid package for Greece drag down broader market.
Eurozone, IMF clash over Greek debt as deadline looms

IMF chief Christine Lagarde and European financial ministers debated today over how to prevent Greece from collapsing, even as Athens faces mandatory debt payment on Friday.
Stocks flatline, pulled by jobless claims, Europe

Stocks fell stagnant Thursday with little significant activity up or down. Stocks rose in the morning after a positive jobless claims report but fell in the afternoon.
Bond downgrade puts pressure on Spain for bailout request (+video)

Even though Standard & Poor's dropped Spain's bond rating to just above junk status, making a bailout request likely, Germany remains opposed to acceding to a bailout prematurely.
Argentina: Oil nationalization and currency controls divide a nation

Months after Argentine President Cristina Fernández de Kirchner’s nationalization of the YPF energy company and controversial economic policies, where does Argentina stand?
Energy Voices Oil demand slumps in August

Total petroleum deliveries for August 2012 were at their lowest level for the month in 15 years and domestic oil production followed similar trends, according to OilPrice.com.
Latin America Monitor International Monetary Fund warns Argentina on bogus statistics

The IMF recently threatened to give Argentina a 'red card' for fudging its growth and inflation rates.
'Fiscal cliff': US must avoid even the threat of it, IMF chief warns

IMF Managing Director Christine Lagarde discussed on Tuesday her institution's review of the US economy, which included a revised estimate for domestic growth this year of 2 percent.
G-20 deal sets up BRICS to backstop eurocrisis

Power shifts are on display at the G-20 in Mexico as emerging markets pledge funds to the International Monetary Fund in order to avert a European meltdown and its global impact.
Monitor Breakfast CBO director: more eurozone turmoil would be 'bad news for US economy'

Congressional Budget Office Director Douglas Elmendorf, at a Monitor breakfast Wednesday, said the challenges Europe faces now are 'larger than ever' and weighing on the US stock market.
Greeks shrug off Europe's warnings that turmoil could get worse (+video)

Europe's dire warnings to Greece about the consequences of a potential default engender little fear among Greeks, who say the worst has already arrived.
Caretaker government for Greece until June elections

Panagiotis Pikramenos, a senior judge, will lead an interim government of 16 until elections are held.
Briefing What would a Greek exit from the eurozone look like?

Rumors are rife of a Greek exit from the eurozone. While no country has yet dropped the common currency, there are some indications of what will transpire if Greece does.
Hollande election: future of austerity in Europe in doubt

While there is growing consensus that Europe will need to find a new plan to deal with its debt crisis, no clear plan has emerged.
Egypt’s shaky finances: Can the IMF and government agree on a loan deal?

The IMF wants assurances that the political leaders who emerge to run Egypt after elections next month will be on board with the financial requirements underpinning a proposed $3.2 billion loan.
Economic weather report by IMF's Christine Lagarde: 'umbrella' still needed

This weekend, Christine Lagarde oversees her first spring meetings of the IMF since taking its helm in July. On Thursday, she gave a mixed report on the global economy, citing 'dark clouds on the horizon.'
Egypt's dire economy looms over elections

Egypt's foreign reserves have tumbled to $15 billion from $36 billion, jeopardizing the government's ability to meet the people's needs. The future is about a lot more than voting.