Christine Lagarde
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After the Great Fear: The EU’s Sibiu agenda
EU leaders heaved a sigh of relief after May’s European Parliament elections when the much-feared populist wave failed to rock the boat. Yet at most, they have gained a little time. Judging by the tone of the informal summit held in Sibiu, Romania, the EU’s new leadership will favor old narratives over new strategies.
Yuan’s slow rise could mean trouble for Western economies
At the end of November, the International Monetary Fund (IMF) announced that from October 2016 the Chinese yuan will be part of the basket of currencies that defines the Special Drawing Right (SDR), the accounting unit the organisation uses to carry out financial operations. The immediate practical effects will be ...
After Fed delay, investors consider Chinese elephant in the room
Financial markets did not react well to the Federal Reserve’s decision in September to keep interest rates stable. Presumably, investors were worried that China’s slowdown is more serious than anticipated, and that the Fed has well-founded concerns about the outlook for the American and European economies. <i>While...
Ukraine inches towards endgame
With billions of dollars of foreign aid coming its way, Ukraine's government can now stay afloat – for the time being. However, it now relies on the cash-strapped West to turn around its tattered economy, rebuild what has been destroyed, and restructure what remains. Critics question how long this can ...
Eurozone deadlock over Greek bailout
Eurozone finance ministers and the International Monetary Fund failed to agree on delivering the next tranche of bailout money to save Greece’s economy from bankruptcy. The Greek government is more fragile than ever with a wafer thin majority and at all-time low poll ratings after scraping through the latest austerity ...
