Fri, Jul 09, 2021
The executive board of the International Monetary Fund (IMF) has approved a proposal for a new general Special Drawing Rights (SDR) allocation of $650 billion, the largest allocation in the organisation's history, to help recovery from the Covid-19 pandemic, IMF Managing Director Kristalina Georgieva said on Friday.
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Thu, Sep 26, 2019
Bulgarian economist Kristalina Georgieva, 66, will begin her five-year term as managing director on Oct. 1.
Wed, Apr 11, 2018
President Donald Trump last month imposed steep tariffs on steel and aluminum imports, and announced pending tariffs on $50 billion in Chinese goods in retaliation for alleged theft of intellectual property. Since then Washington and Beijing have escalated threats of new import duties, raising the real risk of an all-out trade war. Governments "need to steer clear of protectionism in all its forms," Lagarde urged.
Mon, Jun 20, 2016
Reserve Bank of India (RBI) Governor Raghuram Rajan`s abrupt decision to quit came as he increasingly felt he lacked support from his political bosses Finance Minister Arun Jaitley and Prime Minister Narendra Modi, according to friends and colleagues.
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