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IMF’s Lagarde urges India to focus on women in wake of child rapes

WASHINGTON: International Monetary Fund (IMF) chief Christine Lagarde on Thursday called on India's leader to focus more on women in the wake of the "revolting" rape and murder of two young girls. While she praised the nation's economic performance, "what has happened is just revolting," Lagarde said when asked about the incidents in the past week involving a seven- and an eight-year-old girl. "I would hope that the Indian authorities, starting with Prime Minister (Narendra) Modi, pay more attention, because it is…

IMF’s Lagarde guilty, but not punished, in French negligence trial

PARIS: French judges convicted IMF chief Christine Lagarde on Monday of negligence for a state payout made while France's finance minister in 2008, but imposed no punishment, citing her preoccupation at the time with the global financial crisis. The executive board of the Washington-based International Monetary Fund was expected to meet shortly to consider the implications of the verdict, an IMF spokesman said. The ruling could cause a new leadership crisis at the IMF. Lagarde's predecessor, Dominique Strauss Kahn,…