Orange chief detained in French probe linked to IMF boss
Paris: French police today detained Stephane Richard, who heads telecom company Orange, in a case linked to IMF chief Christine Lagarde and a state payout to a disgraced tycoon, a source close to the
IMF backs Draghi; says Spain, Italy have done enough
The International Monetary Fund on Sunday strongly backed the European Central Bank's plan to staunch the eurozone debt crisis with unlimited bond purchases, saying it was ready to get involved in des
IMF economist accuses Fund of suppressing information
A veteran economist at the International Monetary Fund has accused the global lender of suppressing information on difficulties in dealing with the global financial meltdown and eurozone crisis.
IMF chief warns over slowing global growth
International Monetary Fund chief Christine Lagarde on Friday warned the global economy was slowing and said the situation could get worse because Europe was not doing enough to fix its debt crisis.
Policy loosening by a trio of central banks failes to impress
Policy loosening by a trio of major central banks failed to impress investors on Friday, pushing Spanish and Italian borrowing costs close to levels reached before last week's EU summit took measures
Economic gloom seen pushing ECB to cut rates
The European Central Bank is widely expected to cut borrowing costs to a record low on Thursday to support a deteriorating eurozone economy and complement measures agreed by government leaders last we
China, India step up global role with fund
After years of pressure to take a greater role in global affairs, China and India have stepped up by contributing to a new IMF emergency fund -- from which the United States is absent.
China, India a
Greece must stick to bailout terms: Lagarde
Political leaders in Greece need to show the resolve to stay in the eurozone, which will require Athens to stick to the terms of its rescue package, International Monetary Fund managing director Chris
IMF chief seeks fresh funds for poor countries
The head of the International Monetary Fund on Sunday renewed a push to fully fund a $17 billion lending package for poor countries, which are threatened by high oil prices and the risk of eurozone co
Lagarde's next battle at IMF: Power shift
Fresh from a big victory in raising $430 billion for the International Monetary Fund, Christine Lagarde's tougher test as head of the global lender will be finding a way to give emerging economies mor