Tag: IMF

Former IMF chief Strauss-Kahn to take up new job as head of Luxembourg-based investment bank

The head of a Luxembourg-based investment bank says Dominique Strauss-Kahn will soon take a new job as his company’s president — the latest step by the disgraced former IMF chief to rebuild his reputation. Chairman Thierry Leyne of Anatevka says Strauss-Kahn will become president on Oct. 18 and the company […]

Environmental Degradation: World’s Poorest Nations to be Hit Soonest-Lagarde

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) Tuesday at the United Nations in New York said that if environmental degradation is not checked, it can hurt the economy and the world’s poorest nations will be hit soonest and hardest. Lagarde said […]

Liberia’s Inflation To Drop 6% in 2014

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Liberia’s inflation will drop to 6.0 percent (6%) in 2014 the International Monetary Fund (IMF) said on Thursday. This is coming on the heels of the second review of the government’s economic program supported by the IMF under an Extended Credit Facility (ECF) arrangement. Corinne […]