She was the most likely candidate: Christine Lagarde, had been Europe’s favourite to succeed her fellow countryman, Dominique Strauss-Kahn.
Powerful women help society muddle towards equality — even if the R&B star is marriage-fixated and the IMF chief is a neoliberal.
Christine Lagarde should direct the IMF to give more weight to emerging economies, says Finance Minister Pravin Gordhan.
Christine Lagarde will need to draw on all of her determination and experience as she leads the IMF through the toughest challenges in its history.
The International Monetary Fund’s board has elected France’s Finance Minister Christine Lagarde as the fund’s new managing director.
An informal survey shows French Finance Minister Christine Lagarde appeared poised to become the head of the IMF this week.
Mexico’s IMF candidate says his battle with France’s Christine Lagarde is not over yet, but has chastised Europe for not making it a fair fight.
France’s Christine Lagarde and Mexico’s Agustin Carstens have been shortlisted to lead the International Monetary Fund.
France’s Christine Lagarde faces solid competition from Mexican and Israeli contenders as the IMF board begins deciding on a new leader.
French Finance Minister Christine Lagarde, who is running for chief of the International Monetary Fund, won the backing of Egypt and Indonesia.
Former Finance Minister Trevor Manuel says he won’t run for IMF chief, making French Finance Minister Christine Lagarde a firm favourite.
As the deadline for IMF chief nominations looms, the AU has called for a non-European from the developing world.
France Finance Minister Christine Lagarde said on Wednesday she is running as a candidate to head the International Monetary Fund (IMF).
The world’s largest emerging economies has slammed Europe’s push to lock up the International Monetary Fund’s top job.
French Economy Minister Christine Lagarde said on Thursday that she did not believe the euro’s survival was in danger.
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/ 5 February 2008
Société Générale was braced for fresh criticism from France’s top central banker on Tuesday as the man the bank blames for its record trading losses spoke out against his former employer. Jerome Kerviel (31) is under police investigation and said that he would not be turned into a ”scapegoat”.
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/ 26 January 2008
Women may be smashing glass ceilings on Wall Street, but a walk down the corridors of the World Economic Forum would have you fooled. Organisers say female delegates make up 17% of the hundreds of policymakers and business leaders that gathered in Davos this week — less than one in five.
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/ 24 January 2008
French bank Société Générale (SocGen) disclosed one of the biggest alleged frauds in financial history on Thursday, adding to a wave of gloom surrounding world markets battered by credit market losses. SocGen, France’s second-biggest listed bank, said it had uncovered an ”exceptional fraud” by one of its traders. It said this would cost the group â,¬4,9-billion.
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/ 20 November 2007
Pressure from the street against French President Nicolas Sarkozy’s programme of reforms intensified on Tuesday as hundreds of thousands of state employees went on strike, joining a week-long stoppage by rail workers. Teachers, postal staff, nurses, air-traffic controllers, tax officials and other civil servants staged a one-day protest.
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/ 11 November 2007
There is no fundamental justification for oil at a barrel and Organisation of the Petroleum Exporting Countries (Opec) member Nigeria is assuming that prices will not last at this level, Oil Minister Odein Ajumogobia said on Saturday. He said that no one in Opec would be surprised if the price fell to in the next few weeks.
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/ 5 November 2007
Fear and mistrust gripped Wall Street on Monday after Citigroup’s CEO quit in the wake of mounting credit losses and an influential money manager called the subprime mortgage market a ”-trillion problem”. US stocks followed European shares lower, while safe-haven bonds rallied and even the downtrodden dollar ticked up.