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Mme. Lagarde's Negligence

Peter Doyle | Posted 12.20.2016 | Home
Peter Doyle

The "currency" of the IMF is not the SDR: it is trust among the global general public that the institution is competent, even-handed, and diligent. So...

Truth Upside Down

Peter Doyle | Posted 12.15.2016 | Home
Peter Doyle

The IMF says 1/ it favors a target for the primary surplus of 1.5 percent of GDP for Greece for 2018 and beyond. Claims to the contrary have the trut...

Re-electing Mme. Lagarde: Bad for the US and the World

Peter Doyle | Posted 02.16.2017 | Home
Peter Doyle

An election with only one candidate? Sounds like a stitch-up. But with nominations just closed, the one candidate in the forthcoming poll, Madame Lagarde, will be re-elected as Managing Director of the IMF regardless.

U.S. Economic Outlook and the IMF Managing Director Appointment

Peter Doyle | Posted 01.22.2017 | Home
Peter Doyle

With the U.S. Congress having just authorized funds to double the U.S. equity contribution to the IMF, one might expect that an American should be given a fair chance to get this key job. But, as things stand, no Americans need apply.

The IMF Needs Less Lagarde

Peter Doyle | Posted 01.21.2017 | Home
Peter Doyle

Christine Lagarde has said she is open to serving another five-year term as Managing Director of the International Monetary Fund. She should not get it.

The World Needs A New IMF Head, Obama Should Act Now

Peter Doyle | Posted 09.30.2016 | Business
Peter Doyle

While outstanding IMF lending is overwhelmingly to Europe, European candidacies for MD, even if professionally sound, give rise to very apparent if not very real conflicts of interest.

Leave the Ballot Blank -- The Greek Choice for Europe

Peter Alexander Meyers | Posted 07.05.2016 | Politics
Peter Alexander Meyers

Greece should refuse a false choice by turning in a blank ballot. Refuse in this way the elite-mongering decisionism from which this scandalous insult to voting arises. Let it all go down. Around that the leaders and negotiators will have to adjust. Maybe then some small and sober and unexpected light will appear.

IMF Chief: U.S. Default Could Lead To Another Global Recession

Evening Standard, London | Staff/Agencies | Posted 01.23.2014 | Home

International Monetary Foundation boss Christine Lagarde has warned that if the US defaults on its debts the world could be tipped into another global...

IMF Chief: U.S. Budget Cuts Are 'Inappropriate'

Reuters | Ingrid Melander and Michel Rose | Posted 07.07.2013 | Business

AIX-EN-PROVENCE, France (Reuters) - The U.S. federal budget cuts are an inappropriate measure that will weigh on potential growth, IMF chief Christine...

A Conversation With Kostas Vaxevanis, the Greek Journalist Arrested for Publishing the 'Lagarde List'

Michael Nevradakis | Posted 01.19.2013 | Home
Michael Nevradakis

"How could I regret doing something that has united all of Greece?" said Vaxevanis. "This is one of the few instances when all Greeks have united, demanding change and an end to corruption."

Arrest Warrant Issued Against Greek Journalist for Publishing 'Lagarde List'

Michael Nevradakis | Posted 12.30.2012 | Home
Michael Nevradakis

In a shocking affront to democracy and freedom of speech, Greek prosecutors have ordered the immediate arrest of journalist Kostas Vaxevanis. This comes after the publication of the so-called "Lagarde List," containing the names of 1,991 Greeks with Swiss bank accounts.

Keep the Pressure on Greece

Barry D. Wood | Posted 10.05.2012 | Business
Barry D. Wood

Greece's unwieldy coalition government that took office after elections in June is facing its first big challenge.

Wrong Lessons From Latvia for the Eurozone

Mark Weisbrot | Posted 08.19.2012 | Home
Mark Weisbrot

If there's one simple lesson that most of the world -- if not the European authorities -- seems to be learning from the prolonged crisis in Europe, it's that fiscal tightening is not the proper response to a recession.

IMF Chief Praises Latvian "Success Story" -- A Scary Speech for the Eurozone

Mark Weisbrot | Posted 08.13.2012 | Home
Mark Weisbrot

It is amazing to hear Lagarde, who almost certainly knows better, calling Latvia a "success." It is like calling the Great Depression a success -- after all, the U.S. economy did eventually recover from the Great Depression.

Why India Isn't Trying for the IMF Top Post

Anant Goenka | Posted 07.31.2011 | Home
Anant Goenka

Since the President of the World Bank has always been American, and the IMF, European, it's fair to persuade the IMF to now elect a candidate from a developing country that is increasingly influential in the global economy.

Israeli Central Bank Chief Considers IMF Bid

Wall Street Journal | BOB DAVIS | Posted 07.27.2011 | Business

Israeli central banker Stanley Fischer is examining a formal bid to head the International Monetary Fund, said an official familiar with his thinking,...