Diabytes
Lagarde News
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A French court has found IMF head Christine Lagarde guilty of negligence over a massive state payout to a tycoon when she was French finance minister but spared her a fine or prison sentence.
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In a blow to her otherwise stellar career, the court rapped Lagarde for failing to contest the massive payment.
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The head of the IMF on Wednesday renewed warnings against protectionism and trade restrictions, saying that the global economy risked prolonged low growth and that advanced economies faced painful inequality.
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The world`s biggest economies must step up reform efforts to boost growth in line with targets they set last year using a mix of accommodative monetary policy, fiscal policy and structural reforms, the head of the International Monetary Fund said.
The International Monetary Fund and conflict-torn Ukraine have reached a preliminary deal on a new financial rescue plan worth $17.5 billion dollars that could be a "turning point" for Kiev, Christine Lagarde said Thursday.
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