Economic recovery depends on duration of containment measures: Lagarde | AFP

The eurozone economy could shrink by five to 12 percent, but ECB foresees a recovery depending on the duration of the confinement measures aimed at curbing the outbreak and the policy responses to the pandemic, ECB chief Lagarde says. SOUNDBITE of Christine Lagarde

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Euro area economy could shrink by 5-12% in 2020: ECB | AFP

The eurozone economy could shrink by five to 12 percent this year because of the coronavirus crisis, European Central Bank chief Christine Lagarde says. SOUNDBITE of Christine Lagarde

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Coronavirus, a ‘major shock’ for the global economy (Lagarde) | AFP

Coronavirus is a “major shock” and will have a “significant impact” on the economy according to ECB head Christine Lagarde. SOUNDBITE of Christine Lagarde

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Coronavirus: Macron takes part in videoconference with European leaders | AFP

Emmanuel Macron speaks with European Union leaders by videoconference about the coronavirus crisis. The meeting, organised by the French President, was attended by European Council President Charles Michel, Commission President Ursula Von der Leyen, ECB President Christine Lagarde and 27 Heads of State and Government. IMAGES

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Economic risks ‘less pronounced’ as trade tensions ease: Lagarde | AFP

European Central Bank chief Christine Lagarde says risks to the eurozone economy had become “less pronounced” in the wake of a US-China trade truce even as President Donald Trump reignited a trade spat with Europe. SOUNDBITE of Christine Largarde

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European Central Bank | AFP Animé

Updated videographic on the European Central Bank. New European Central Bank president Christine Lagarde makes her first monetary policy announcements on Thursday, with observers watching for clues about the bank’s future direction and her plans for a major reassessment of its tools and goals.VIDEOGRAPHIC

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Lagarde thanks Draghi for ‘legacy which calls us to excel’, as she takes reins of ECB | AFP

The new President of the European Central Bank, Christine Lagarde, congratulates Mario Draghi on his eight years at the head of the institution, saying his “legacy is such that it calls us to excel, and to exceed expectations”. SOUNDBITE

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European Central Bank | AFP Animé

Updated videographic on the European Central Bank. ECB chief Mario Draghi bows out Monday, passing the baton to former IMF head Christine Lagarde whose first task will be to heal rifts among policymakers.VIDEOGRAPHIC

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European Central Bank | AFP Animé

Updated videographic on the European Central Bank. IMF chief Christine Lagarde on Tuesday announced she would step down “temporarily” from the global crisis lender after being nominated to lead the European Central Bank.VIDEOGRAPHIC

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Ivanka Trump appears to be snubbed by leaders at G20 | AFP

Ivanka Trump got a ribbing back home on Monday after critics took issue with the prominent role played by President Donald Trump’s daughter during summits in Japan and South Korea. A video clip from Osaka shows a slightly awkward meeting between Ivanka Trump and several world leaders which went viral. She attempts to join a conversation but appears to be ignored by IMF chief Christine Lagarde, who stands just to her right. IMAGES

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IMF upgrades US growth forecast to 2.6% | AFP

IMF chief Christine Lagarde says the US economy is expected to grow slightly faster this year than projected in April, as the IMF upgrades its GDP forecast for 2019 to 2.6 percent, while growth in 2020 is seen to be slowing to two percent. SOUNDBITE

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Lagarde ‘horrified’ by Khashoggi case, but Saudi trip unchanged

IMF chief Christine Lagarde said Saturday she was “horrified” by reports about the fate of Saudi dissident Jamal Khashoggi but she still plans to attend an economic meeting in Riyadh this month. FIRST IMAGES

IMF chief defends rate hikes after Trump slams ‘crazy’ Fed

IMF chief Christine Lagarde defends central bank rate hikes, calling them a “necessary development”, after markets plunged in response to US president Donald Trump blasting the Fed for going “crazy” with plans to raise borrowing costs again. SOUNDBITE

What do these IMF chiefs have in common?

From Dominique Strauss-Kahn’s sex parties to Christine Lagarde’s misuse of public funds, they like to keep things exciting.

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IMF: No-deal Brexit ‘would impose very large costs’ on UK

Britain’s economy would suffer “very large costs” if it leaves the European Union next March with no divorce agreement in place, the International Monetary Fund’s Christine Lagarde warned in a speech at the UK Treasury on Monday. SOUNDBITE

Images of plenary session of the International Economic Forum

Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe and IMF Director Christine Lagarde attend the plenary session of the International Economic Forum in Saint-Petersburg. IMAGES

IMF Warns Risks of Rising Global Trade Tensions

The IMF is warning that rising trade tensions between the US and China risk undermining a solidly growing global economy. IMF Director Christine Lagarde says “while the sun is shining we are seeing more clouds on the horizon.”(April 19)

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IMF chief Lagarde urges mutually beneficial Brexit deal

Britain’s tepid growth can improve along with other advanced economies should a positive trade deal over Brexit be agreed with the European Union, IMF chief Christine Lagarde says, but refutes suggestions that the IMF’s forecasts were “too gloomy”, saying the predicted 1.6% growth this year is a “bit of a disappointment”.