The head of the International Monetary Fund said on Tuesday that fresh trade tensions between the United States and China were the main threat to the world economy.
International Monetary Fund Managing Director Christine Lagarde on Saturday urged G20 policymakers to reduce tariffs and other obstacles to trade, warning that the global economy had hit a “rough patch” due to the trade conflict.
Growth in the West bank and Gaza has to be focused on creating jobs, the head of the International Monetary Fund said on Wednesday, as she discussed the Trump administration’s $50 billion economic plan
She said her resignation would expedite the selection for the next head of the IMF.
International Monetary Fund Managing Director Christine Lagarde warned on Saturday that the increasing presence of technology giants using big data and artificial intelligence
The newly-elected top European Union (EU) leaders who take office on Nov.1 are no more likely to adopt and implement region-friendly policies than their predecessors were.
European Central Bank chief Christine Lagarde on Thursday said the eurozone’s pandemic-induced downturn was expected to be less severe than initially feared, but a recent spike in coronavirus cases was causing “headwinds” for the recovery.
The head of the European Central Bank said that the economy is rebounding but that the recovery remains uncertain, incomplete and dependent on containing the virus outbreak.
Euro zone finance ministers were upbeat on Friday about the prospects of the post-pandemic economic recovery, but said Europe would have to work hard to avoid long-term economic damage and not to fall behind China and the United States.
The European Central Bank has to maintain the "safety net" of its massive bond purchases at least until June 2021 to help underpin the economy, the ECB's President Christine Lagarde said on Friday, reaffirming the bank's policy stance.