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Latest Christine Lagarde Items
Global financial ministers called Saturday for quick and effective action to safeguard faltering economic growth and rebuild shaken confidence as they ended an annual meeting of the International Monetary Fund.
The International Monetary Fund chief on Monday encouraged U.S. policymakers to look past the "political calendars" of an election year and prevent the "fiscal cliff" from wreaking havoc on the global economy.
Just when Detroit seemed to be luring them away, Americans are embracing Japanese cars again.
Time is running out for Europe. As Spain's banking crisis deepens, politicians on the continent remain in denial. The only solutions in their mind involve borrowing or subsidies from German taxpayers. With the International Monetary Fund (IMF) acting as their enabler, Europe's high-debt countries may be able to put off the required reforms, but delaying the inevitable is taking a toll on their economies.
The head of the International Monetary Fund on Tuesday raised the possibility that Greece could leave the eurozone in an orderly fashion.
An infusion of hundreds of billions of dollars will give the International Monetary Fund a badly needed boost to tackle Europe's prolonged debt crisis. But global finance officials sent a strong message Saturday that struggling governments must speed reforms or risk spooking jittery markets and raising the economic danger.
Britain's top finance official says the International Monetary Fund will exceed $400 billion in its drive to significantly bolster its resources to deal with the European debt crisis and other financial emergencies.
In a case that affects thousands of businesses and millions of workers, the California Supreme Court ruled Thursday that employers are under no obligation to ensure that workers take legally mandated lunch and rest breaks.