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Imf News

IMF chief tells Ukraine to fix graft or lose vital aid

Washington - IMF chief Christine Lagarde warned Ukraine on Wednesday that its stalled fight against corruption and inability to push through required restructuring measures were jeopardising the future of the Fund's rescue plan.

Ex-IMF chief Rato to stand trial for misusing bank funds: Spanish court

Madrid - Rodrigo Rato, a former chief of the International Monetary Fund (IMF), is to stand trial for misusing funds when he was head of a bailed-out Spanish bank, a court in Madrid said Monday.

IMF's Lagarde says EU's passport-free area near breaking point

Davos - IMF chief Christine Lagarde said Saturday that the refugee crisis had pushed Europe to a "make or break" point and endangered the EU's cherished passport-free Schengen area.

IMF's Lagarde: trailblazer with a knack for straight talking

Washington - Five years ago Christine Lagarde smashed through the glass ceiling at one of the world's leading institutions, becoming the first woman to head the International Monetary Fund.

Christine Lagarde to run for second IMF term

Paris - Christine Lagarde announced Friday that she will run for a second term at the head of the International Monetary Fund, after winning strong backing from across Europe.

Lagarde gets strong backing from Europe to stay at IMF

Washington - Christine Lagarde garnered strong backing from Europe Thursday for a second mandate as IMF managing director.

EU warns Greece not to 'play games' with IMF

Berlin - The EU's economic affairs commissioner called on Athens "not to play games" with the International Monetary Fund as the body decides whether to participate in Greece's latest bailout.

Emerging powers rise in IMF as U.S. unblocks reforms

Washington - China, India and Russia will soon speak with a louder voice at the International Monetary Fund.

Christine Lagarde: Meteoric rise clouded by Tapie affair

Washington - Four years ago Christine Lagarde smashed through the glass ceiling at one of the world's leading institutions, becoming the first woman to head the International Monetary Fund.

IMF chief Lagarde facing French trial over payout to tycoon

Paris - International Monetary Fund (IMF) chief Christine Lagarde was ordered Thursday to stand trial over her handling of a massive state payout to French tycoon Bernard Tapie when she was finance minister.

IMF accused of bowing to political pressure in Ukraine support

Washington - The International Monetary Fund has been accused of giving in to political pressure in dropping a long established rule on prudential lending so that it can proceed with assistance for Ukraine.

IMF changes rule on debt as Ukraine faces Russia deadline

Washington - The International Monetary Fund on Tuesday changed a rule that would have blocked its financial aid program to Ukraine in the event the country defaulted on debt owed to Russia.

Op-Ed: Major global move — Big funds divest fossil fuels investments

Paris - Maybe killing the planet and hundreds of thousands of people with respiratory problems per year isn’t as much fun as the financial gerbils say it is. Major funds are giving the boot to a massive level of investment in fossil fuels.

IMF approves China's yuan as elite reserve currency

Washington - The International Monetary Fund welcomed China's yuan into its elite reserve currency basket, recognizing the ascendance of the Asian power in the global economy.

Creditors begin Greek reforms review ahead of strike

Atenas - Greece's international creditors on Wednesday begin a review of reforms pledged under the country's bailout, a day ahead of a general strike to protest the measures.

Greece adopts more painful reforms demanded by creditors

Atenas - Greece's parliament narrowly adopted further reforms demanded by the country's international creditors in return for further bailout funds.

Ukraine confident Russia can't hold IMF aid 'hostage'

- Ukraine is confident the international community will not let Russia hold "hostage" an IMF bailout package that Kiev needs to avoid default, a source close to the Ukrainian government said Saturday.

Peru protesters tell IMF 'imperialists' to go home

- Activists marched through the Peruvian capital Friday to protest what they called the anti-poor policies of the International Monetary Fund and World Bank, which are holding their annual meetings here.

Op-Ed: This week, companies begin reporting third quarter results

Tomorrow afternoon the Fed will release the minutes of their September FOMC meeting where the Fed did not raise interest rates. That decision has been described as a close call. Tomorrow we’ll get a better idea just how close.

Spain court seizes passport of ex-IMF chief Rato

Madrid - A Spanish judge on Tuesday withdrew the passport of former International Monetary Fund head Rodrigo Rato, who is under investigation for tax evasion, money laundering and concealing assets.

IMF meets in hostile territory of Latin America

- The International Monetary Fund faces a chilly reception as it meets this week in Latin America, the region that has been most hostile toward its policy prescriptions.

French prosecutor wants dismissal of IMF chief negligence probe

Paris - The French public prosecutor's office requested the dismissal of a negligence case against IMF chief Christine Lagarde linked to her role in an arbitration case while she was finance minister.

IMF chief urges holdouts to join Ukraine debt deal

Kiev - IMF chief Christine Lagarde on Tuesday pressed Ukraine's hold-out creditors such as Russia and a handful of Western investment houses to write off some of the crisis-wrecked country's massive debt.

Refugee crisis will feature at G20 leaders summit: Turkey

Ankara - The unprecedented migrant outflow from the Middle East and North Africa will feature high on the agenda at a summit of the world's top 20 economies in November, a Turkish minister said on Saturday.

IMF warns emerging economies must be vigilant on China slowdown

Jakarta - The International Monetary Fund managing director Christine Lagarde warned Tuesday greater resilience would be needed from the world's emerging economies to handle China's slowdown, warning the road ahead could be "somewhat bumpy".

Fraud scandal around ex-IMF head deepens with Spain arrest

Madrid - A fraud probe into former IMF head Rodrigo Rato, which has embarrassed Spain's conservative government, made headlines again Tuesday following the arrest of a suspect in the case as he was about to board a plane for Mexico.

Germany stresses need for IMF backing in Greece bailout

Berlin - Germany stressed Friday that International Monetary Fund backing for a third Greek bailout deal is "crucial" in order for Berlin to support the agreement."IMF involvement is crucial for the government...

IMF 'will not join Greece bailout until debt concerns are addressed'

Washington - The International Monetary Fund said Thursday it would not join a new bailout program for Greece until conditions for debt sustainability, including debt relief and economic reforms, are clearly assured.

Greek banks reopen with restrictions as prices soar

Athens - Banks in Greece were open at week's end for the first time in July but at a steep price — limits on cash withdrawals and higher prices on nearly everything people buy.

IMF could release new funds to Ukraine at end of July

Washington - The International Monetary Fund signaled Thursday it could release $1.7 billion in bailout funds next week to Ukraine as the country reels from civil war and seeks private-sector debt relief.
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CRISIS: Message posted on ATMs in Greece last month at height of country s dispute with European Uni...
CRISIS: Message posted on ATMs in Greece last month at height of country's dispute with European Union lenders. Banks were closed for more than three weeks but reopened Monday with limits on withdrawals.
SucreRouge/Wikimedia Commons
Students interrupt a talk by Christine Lagarde of the IMF at the University of Amsterdam
Students interrupt a talk by Christine Lagarde of the IMF at the University of Amsterdam
YouTube
Christine Lagarde
Christine Lagarde.
MEDEF
Students interrupt a talk by Christine Lagarde of the IMF at the University of Amsterdam
Students interrupt a talk by Christine Lagarde of the IMF at the University of Amsterdam
ROAR Mag
Aid was promised  but where is the money?

At the end of February of this year the EU leaders in rep...
Aid was promised, but where is the money? At the end of February of this year the EU leaders in reply to changing of State power in Ukraine promised to give financial help, aimed at financial system stabilization and different investment projects realization directed on development of the country economy. Then Elmar Brok, chairman of the EP Committee on Foreign Affairs announced a sum in 20 billion Euros, which will be received by Ukraine for the reform implementation as soon as a new governme
Former International Monetary Fund Managing Director Dominique Strauss-Kahn.
Former International Monetary Fund Managing Director Dominique Strauss-Kahn.
IMF
IMF Managing Director Christine Lagarde (C) visits the Artisan Market with Peruvian Minister of Econ...
IMF Managing Director Christine Lagarde (C) visits the Artisan Market with Peruvian Minister of Economy Alonso Arturo Segura Vasi (R) and Deputy Minister of Trade and Tourism Maria del Carmen de Reparas (L) in Pisac, Peru on October 4, 2015
Stephen Jaffe, IMF/AFP
Former International Monetary Fund Managing Director  Dominique Strauss-Kahn  at a press conference
Former International Monetary Fund Managing Director, Dominique Strauss-Kahn, at a press conference
International Monetary Fund
OFFICIAL: European Commission President Jean-Claude Juncker attends a European People s Party conven...
OFFICIAL: European Commission President Jean-Claude Juncker attends a European People's Party convention in Vilnius, Lithuania, in 2013.
European People's Party
IMF Headquarters Washington DC
IMF Headquarters Washington DC
wikimedia
The former IMF chief  Dominique Strauss Kahn
The former IMF chief, Dominique Strauss Kahn
bixintx
Former IMF Managing Director Dominique Strauss-Kahn
Former IMF Managing Director Dominique Strauss-Kahn
International Monetary Fund
The global community actively discusses a financial aid to Ukraine. The issue of financial aid to Uk...
The global community actively discusses a financial aid to Ukraine. The issue of financial aid to Ukraine was one of the topical at the G-20 summit in Sydney. Ukrainian issue stirred up all international politicians. Such a potential grantors of Ukraine as the EU, the USA and the IMF expressed willingness to help Ukraine. The EU proposes to organize a conference of grantors for financial aid to Ukraine and to coordinate measures in order to lend economic aid to Ukraine from the USA, Japan, China
The global community is ready to grant a financial aid to Ukraine