By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) Wednesday endorsed the nomination of Janet Yellen to head the United States (US) Federal Reserve. “I welcome President Obama’s nomination of Janet Yellen for the Fed Chair. Janet is an excellent choice for this […]
Tag: IMF
IMF cuts global growth forecast, warns of prolonged stupor
The International Monetary Fund trimmed its forecasts for global output on Tuesday for the sixth time since early last year, saying stronger growth in most advanced economies would fail to make up for a more sluggish expansion in the developing world. Prospects for emerging markets, long the engine of the […]
Cottarelli of IMF Resigns for Position with Italian Government
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Friday said Carlo Cottarelli, its Director of the Fiscal Affairs Department has given a notice to resign for a position with the Italian Government. According to the IMF, Cottarelli’s resignation will be with effect on October 22 […]
