Christine Lagarde

The euro opened Friday morning at 1.3087, a strong start to the day after Thursday's finance ministers' meeting created renewed confidence in the crisis management effort in the region. The meeting resulted in the ministers signing off on Greece's next installment of aid money, a move that was...

The euro held steady near $1.27 on Monday morning as investors waited to hear the final outcome of an EU finance ministers' meeting to discuss the next Greek aid package. With 17 countries represented plus IMF Director Christine Lagarde, there is potential for quite a bit of disagreement. Lagarde...

The International Monetary Fund Managing Director Christine Lagarde spoke out about the situation in Greece on Friday, urging EU Finance Ministers to reach a decision. Reuters reported that Lagarde, currently on a tour of Asia, will cut her trip short to attend a November 20th meeting set to...

U.S. equity futures rose slightly in early Friday trading as IMF Chief Christine Lagarde warned that the global financial system is just as weak as it was before Lehman Brothers failed in 2008. Speaking at the IMF conference in Tokyo, Lagarde also warned that central banks of industrialized nations...

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...