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…
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,…
PARIS: IMF chief Christine Lagarde will go on trial in France in December over a massive state payout to tycoon Bernard Tapie when she was finance minister, the court hearing the case announced Monday.
BERLIN: Global economic growth will be disappointing next year and the outlook for the medium-term has also deteriorated, the head of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.