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Christine Lagarde

Negligence Trials Begin for Lagarde

IMF's Lagerde in French

Lagarde will be standing a trial on charges of negligence.

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Christine Lagarde Speaks At The China Development Forum

IMF Chief Lagarde Vows To Speedy Conclusion In Greek Bailout Review

In response to a letter from the Greek Prime Minister Alexis Tsipras, Christine Lagarde, the IMF chief, has binned the Wikileaks’ transcript. Since IMF doesn’t act on leaks, she decided to allow the IMF team to resume the postponed bailout review. She has stressed the need for a speedy conclusion of the bailout review just for the sake of the Greek people.

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Economy Slows Down In Fading Factory Town

China's Economic Slowdown Is Deliberate and Healthy, According to the IMF

The newly-elected managing director of the IMF, Christine Lagarde, spoke at the Global Women’s Forum 2016 regarding the global economy, especially in the wake of the China economic slowdown. Despite the prolonged slowdown, the IMF foresee that China’s lower growth was deliberate and healthy.

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US and Yuan notes

China's economic distress is risk to global economy: IMF and ECB

After the market downfall from the previous weeks, IMF and ECB gave a warning on the effects of China's deceleration. Both European Central Bank and International Monetary Fund admonished the risks of economic growth from China's slowdown and other establishing markets.

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International Monetary Fund

IMF review recommends delaying currency basket adoption of yuan

The International Monetary Fund should put off any move to add the yuan to its Special Drawing Rights currency basket until September 2016, an IMF staff report said, a move that would effectively end the Chinese currency's chances of an early inclusion.

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Greek Prime Minister Alexis Tsipras

Greece considering capital controls, closing banks on Monday

Greece said it may impose capital controls and keep its banks shut on Monday after creditors refused to extend the country's bailout and savers queued to withdraw cash, taking Athens' standoff with the European Union and the International Monetary Fund to a dangerous new level.

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Janet Yellen (R) and Christine Lagarde

IMF to Fed: Drop the dots

Now that International Monetary Fund head Christine Lagarde has told the Fed to wait to raise interest rates, the IMF staff has followed up with suggestions that the U.S. central bank remake its communications policy and, in a phrase, ditch the dots.

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EU leaders summit

No deal for Greece, creditors; top-level talks resume Saturday

Greece failed again to clinch a deal with its international creditors on Thursday, setting up a last-ditch effort on Saturday to either avert a default next week or start preparing to protect the euro zone from financial market turmoil.

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Greek and EU flags

Greek drama nears final act, ending uncertain

Euro zone leaders will attend an emergency summit on Monday, hoping to thrash out a plan with Athens to provide Greece with additional funds to prevent it defaulting on its debt -- but only if both sides play ball.

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Greece

Euro zone sets emergency summit on Greece as money flees

Euro zone leaders will hold an emergency summit on Monday to try to avert a Greek default after bank withdrawals accelerated and government revenue slumped as Athens and its international creditors remain deadlocked over a debt deal.

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Dollars on Maryland

Dollar, Chinese shares steady as Europe wobbles

The dollar inched higher on Friday, putting it on track for a monthly rise in May, while Chinese shares steadied after a plunge a day earlier that stoked concerns about the financial health of the world's second largest economy.

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Janet Yellen

Yellen cites 'potential dangers' in U.S. stock valuations

Federal Reserve Chair Janet Yellen on Wednesday said high equity valuations could pose potential dangers but that stability risks across the U.S. financial system remained in check.

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Greece

Greece needs deal with lenders on April 24 -finance minister to paper

Greece must reach an outline funding agreement with its lenders at a meeting of euro zone finance ministers on April 24, its finance minister told a Greek newspaper on Monday.

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Christine Lagarde

Greece must implement structural reforms: Lagarde

Greece needs to implement structural reforms, International Monetary Fund Managing Director Christine Lagarde said on Monday, adding that she felt strongly for taxpayers of the debt-strapped euro zone member state.

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US Federal Reserve

Has the Fed's 'patience' been exhausted?

For a world economy coming to terms with a soaring dollar and a plunge in oil prices, this week will be all about the U.S. Federal Reserve's policy meeting and its intentions on interest rates.

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