top imf candidates to seek support with brazil visit

Top IMF candidates to seek support with Brazil visit

The two leading candidates for the position of International Monetary Fund managing director head to Brazil next week for back-to-back visits, officials said Friday.
lagarde plans imf charm trip to woo china brazil

Lagarde plans IMF charm trip to woo China, Brazil

French Finance Minister Christine Lagarde is planning a charm offensive to convince emerging economic powers like China and Brazil that another European should head the IMF, sources said Thursday.
imf presses greece on funding policy plans

IMF presses Greece on funding, policy plans

The International Monetary Fund warned Athens Thursday to firm up its broad financing plans and policy actions to be able to continue receiving IMF bailout funds in concert with the European Union.
frances lagarde runs for imf despite probe cloud

France's Lagarde runs for IMF despite probe cloud

French Finance Minister Christine Lagarde launched her bid Wednesday to head the International Monetary Fund after winning broad European backing, vowing to run even if judges probe her role in a business dispute.
eu raises 475 billion euros for portugal

EU raises 4.75 billion euros for Portugal

The EU raised 4.75 billion euros ($6.7 billion) for Portugal in a new bond issue Wednesday, while the IMF gave its first tranche of emergency funding as part of a joint 78-billion-euro bailout.
mexican banker takes on lagarde for imf job

Mexican banker takes on Lagarde for IMF job

Mexico promoted its central bank governor Agustin Carstens against French favorite Christine Lagarde as the race to become the next head of the International Monetary Fund got under way Monday.
new zealand pm backs lagarde as new imf chief

New Zealand PM backs Lagarde as new IMF chief

New Zealand Prime Minister John Key on Monday backed French Finance Minister Christine Lagarde to head the IMF, describing her as "super impressive".
imf approves 26 billion euro loan to portugal

IMF approves 26 billion euro loan to Portugal

The International Monetary Fund on Friday approved a 26-billion-euro ($36.9 billion) three-year loan to Portugal as part of a European Union bailout of the struggling eurozone country.
imf board starts search for strauss kahn successor

IMF board starts search for Strauss-Kahn successor

The International Monetary Fund on Thursday launched a search for a successor to Dominique Strauss-Kahn, within hours after the IMF chief resigned to face sex charges in New York.
europe emerging powers face off over imf job

Europe, emerging powers face off over IMF job

Europe fought to retain leadership of the IMF on Thursday to help tackle its debt crisis as emerging nations launched a sharp counter-attack, saying it was time rising economies took the helm.
imf leadership battle begins as chief resigns

IMF leadership battle begins as chief resigns

The resignation of International Monetary Fund head Dominique Strauss-Kahn promises to set off a succession battle to lead the global lender pitting the developing world against the West.
portugal to pay 51 pc average rate on bailout loan

Portugal to pay 5.1 pc average rate on bailout loan

Portugal will pay an average interest rate of about 5.1 per cent on the 78-billion-euro ($110-billion) EU-IMF bailout agreed, its finance minister said.
europe offers greece 2nd chance as imf fate discussed

Europe offers Greece 2nd chance as IMF fate discussed

Europe offered Greece a second chance to get its finances in order, as the head of the eurozone blasted talk coming mainly from Germany of replacing embattled IMF head Dominique Strauss-Kahn.
imf still ready to give greece more time on loan

IMF still ready to give Greece 'more time' on loan

The International Monetary Fund is still willing to consider giving Greece "more time" to repay its loan as the country struggles with a debt crisis, an IMF spokeswoman said Thursday.
imfs lipsky to step down at end of august

IMF's Lipsky to step down at end of August

The International Monetary Fund said its number-two official, John Lipsky, will leave at the end of his term in August but will advise the fund through the next Group of 20 summit in November.