42 items found
As the French go to the polls, President Sarkozy is blaming his waning popularity on the financial crisis, austerity measures, and a media “alliance” with Socialist front-runner François Hollande.
Newly appointed IMF managing director Christine Lagarde calls for “national unity” in Greece to push through austerity measures, ahead of a parliamentary vote.
Chancellor George Osborne has called Christine Lagarde’s appointment to head the International Monetary Fund “good news for the global economy and for Britain”.
The International Monetary Fund was targeted by a sophisticated cyber attack earlier this year which infiltrated the intergovernmental group which overseas the global financial system.
G8 leaders are expected to approve a multi-billion dollar aid package to support Tunisia and Egypt, and will discuss issues ranging from the IMF leadership to global internet regulation.
Chancellor tells Channel 4 News the VAT increase – identified by the Bank of England as a contributing factor to today’s CPI increase – was essential in dealing with the budget deficit.
Our Economics Editor on how DSK’s absence from the International Monetary Fund may be bad news for Greece – and lead to more austerity in the eurozone.
In the not-very-funny economics joke, the IMF stands for “it’s mostly fiscal”. That’s a reference to its long-held ideology of forcing developing countries to cut spending and budget deficits in response to almost any financial crisis. It was a sort of cosmic chastity belt on fiscal profligacy. So what better ally for the prospective iron…
Jon Snow
Virtually every international operative of any stature was there, in one vast room. The ‘there’, was here, in Geneva, the UN’s other home. Ban Ki-Moon came in at 9am, spoke for 10 minutes and disappeared.
Matt Frei
Known for his love of the high life, former President Sarkozy is facing criminal charges over allegations of trying to hush up corruption in a previous presidential campaign.
In the Queen’s speech in May there is expected to be an announcement that the ban on filming court proceedings will be lifted, writes ITN’s Head of Compliance, John Battle.
French judges order an investigation into the role of new IMF head Christine Lagarde for approving a compensation payout to a friend of President Nicolas Sarkozy when she was French finance minister.