Christine Lagarde

Data on Thursday showed that exports and imports in China are sinking thanks to falling demand caused by the economic troubles in Europe and the U.S. According to the Montreal Gazette, China's manufacturing sector will be less than delighted to hear this, as it employs hundreds of millions of...

News just broke that the IMF board has selected French Finance Minister Christine Lagarde as the new IMF managing director. This morning, U.S. Treasury Secretary Geithner gave Lagarde his formal recommendation for backing Lagarde as the new head of the IMF.

The FCC continues to take a neutral stance on the wireless industry and whether it would be competitive after AT&T (NYSE: T) buys T-Mobile USA. Congress may discuss regulating investment advisers and handing the regulation over to The Financial Industry Regulatory Authority, as opposed to the...

After U.S. Treasury Secretary Timothy Geithner endorsed French Finance Minister Christine Lagarde for the next head of the International Monetary Fund, Lagarde's nomination has been all but sealed at this point. Lagarde is expected to be selected for candidacy from the 24-member board, and make...

In the past few months, Moody's has downgraded Greece's debt multiple times on concerns of fiscal insolvency. On Wednesday, Moody's announced a further downgrade of Greek sovereign debt, dropping Greece's rating from B1 to CAA1. This downgrade from Moody's contrasts with statements made by France'...

Eurogroup president Jean-Claude Juncker questioned if the IMF would release its next disbursement of aid for Greece, according to Dow Jones. While the euro had initially been up on the session, news of Juncker's statements may have driven the euro down against the dollar, as the currency pair...

French finance minister Christine Lagarde announced her candidacy for the Managing Director of the International Monetary Fund Wednesday, defying a growing chorus of critics who challenge traditional European leadership. "It is an immense challenge which I approach with humility and in the hope of...

Dominique Strauss-Kahn has resigned as managing director of the International Monetary Fund, amid accusations of sexual misconduct. Christine Lagarde, current French finance minister, is seen as a likely replacement. If Lagarde--another French politician--ultimately succeeds Strauss-Kahn, should...

France asked for a meeting of the finance ministers of the G7 to discuss and assess any consequences of the Japanese crisis on markets, as well as a meeting of energy and economy ministers of the G20 nations, to discuss international cooperation on energy. French Finance Minister Christine Lagarde...