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Christine Lagarde

EU leaders confirms Christine Lagarde next European Union Central Bank president

EU

European Union (EU) leaders have confirmed the appointment of France’s Christine Lagarde as the next head of the European Central Bank, thus removing the final hurdle between her and the powerful post. She is elected to the position for a non-renewable term of eight years, the EU leaders announced in a statement on Friday. READ […]

IMF worries over ‘lack of trust’ among global trade partners

Christine Lagarde

The Managing Director of the International Monetary Fund (IMF), Christine Lagarde, has raised concern over what she described as ‘lack of trust’ among global trade partners stressing, “must be fixed.” Lagarde raise the concern on Thursday at the World Bank’s and IMF’s Spring Meetings 2018 conference in Washington. Tensions in global trade have spiked in […]

IMF cautions against adverse implications of trade tension

Christine Lagarde, the managing director of the International Monetary Fund, has warned against adverse implications likely to stem from the economic impact of U.S. import tariffs, saying ‘no one emerges victorious from a trade war’. She warned that the impact could be grave if other countries respond with their own barriers. Earlier, Donald Trump reiterated […]