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Former head of the International Monetary Fund, Christine Lagarde, warned that global growth is "fragile" and "threatened," and that politicians must work to reduce people's vulnerabilities.
Lagarde, who is expected to take over the leadership of the European Central Bank later this year, said that issues such as trade relations, Brexit, technological threats "man-made problems that can be tackled by man,."
She called on politicians to work together to "try to reduce instability and ... resolve uncertainty."
Lagarde also said that central bankers need to "stick to the facts and economic data" in order to be "predictable".
European Central Bank's new head Christine Lagarde posted a solemn photo of her new team at the European Central Bank (ECB), but she probably did not expect what kind of reaction she would provoke, the newspaper Figaro writes in an online publication.
European Central Bank Governor Mario Draghi will chair the last meeting in Frankfurt before resigning.
Britain's exit from the EU will lead to a slight decline in welfare, said Christine Lagarde, director of the European Central Bank, in an interview with the BBC.
The International Monetary Fund Board of Directors is expected to approve Kristalina Georgieva as managing director of the financial institution on Wednesday.
The European Parliament has voted Christine Lagarde's nomination as President of the European Central Bank.
Today, MEPs will vote on the nomination of Christine Lagarde as President of the European Central Bank.
President Volodymyr Zelensky has revealed that Ukraine has received 11 requests from other countries seeking assistance in countering Shahed-type attack drones, highlighting Kyiv’s growing role as an expert in drone defense.
Sweden is stepping up its preparations for potential crises or conflicts by creating stockpiles of essential supplies, including fuel, food, and power generators.
The Serbian government has introduced a temporary ban on the export of oil and petroleum products used as motor fuels, following an extraordinary cabinet meeting held earlier today
New evidence has emerged showing a U.S. missile strike on an Iranian facility near a girls’ school in Minab, southern Iran, on February 28, resulting in significant civilian casualties, according to multiple investigative reports.
NATO air defense systems deployed in the eastern Mediterranean intercepted and destroyed a second ballistic missile launched from Iran after it entered Turkish airspace, the Turkish Ministry of Defense announced on Monday.
The International Monetary Fund (IMF) has urged governments to prepare for potentially unprecedented economic challenges as the conflict in the Middle East escalates.
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