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Former IMF chief Christine Lagarde said President Donald Trump’s trade offensive against China could slash global economic growth and she critiqued his Twitter habits in an interview with US television program 60 Minutes.
European Union (EU) leaders have confirmed the appointment of France’s Christine Lagarde as the next head of the European Central Bank, thus removing the final hurdle between her and the powerful post.
German Finance Minister, Olaf Scholz, on Wednesday, said a woman should again be appointed to the executive board of the European Central Bank (ECB) following the surprise resignation of the German representative.
Positive noises from China on U.S. trade talks lifted European stocks on Thursday and snuffed out a modest rally in safe-haven assets that had dominated in Asia.
The International Monetary Fund (IMF) has approved the removal of the age limit for the position of IMF managing director, paving the way for Kristalina Georgieva to head the multilateral lender.
The safe-haven dollar and yen fell on Wednesday after global political worries eased with what markets perceived as positive news in Hong Kong, Italy and Britain.
Widespread adoption of Facebook’s proposed “Libra” cryptocurrency could harm the European Central Bank’s ability to manage the eurozone economy and threaten the euro itself, a top official said Monday.
A European Central Bank official has revealed that about 1.3 trillion euros ($1.44 trillion) worth of assets will be moved from London to the eurozone due to Brexit, according to document.
White House officials pushed back on Sunday against concerns that economic growth may be faltering, saying they saw little risk of recession despite a volatile week on global bond markets, and insisting their trade war with China was doing no damage to the United States.
The Executive Board of the International Monetary Fund (IMF) has adopted an open, merit-based, and transparent process for the selection of the next managing director, the organisation has said.
Asian markets were in retreat Monday on dimming hopes for a deep interest rate cut by the US Federal Reserve, but all the firms on a new tech-focused board in China rallied on its opening day.
The EU wants to have an agreed European candidate to replace Christine Lagarde at the helm of the International Monetary Fund (IMF), a senior EU official on Monday said.
France is creating a G7 task force to ensure that transnational crypto currencies like Facebook’s Libra are regulated to protect the economy and the consumer.
The dollar was on the back foot on Monday after sustaining its biggest weekly drop in four months last week as traders remained cautious about the prospects of trade talks between the United States and China at this week’s G20 summit.
Manchester City’s appeal against their two-year ban from European competitions, could see them implicate Liverpool over allegations that the Reds hacked into their scouting database.
Mikel Arteta admitted Pierre-Emerick Aubameyang has erased any doubts about his commitment after Arsenal’s captain led by example with a double in their 3-2 win against Everton on Sunday.
Lagos Health Facility Monitoring and Accreditation Agency has shut down 20 health facilities in the month of January for non-compliance with regulatory standards.
Nigeria mourned on Sunday the 'untimely death' of footballer Kazeem Tiyamiyu locally known as Kaka after he was knocked down and killed by a car in an apparent hit-and-run.
A “bomb attack” on a rally in support of Ethiopian Prime Minister Abiy Ahmed injured nearly 30 people Sunday, a police official said, in the latest sign of instability ahead of elections in August.
The Ogun House of Assembly has called on the Federal Road Safety Corps (FRSC), to ensure that all vehicles plying the roads in the state installed speed limit device to avert crashes arising from excessive speed.
The state police command spokesman, DSP William Aya, told newsmen that the man was rescued inside the bush where he was abandoned by the abductors.
Gunmen killed 24 people, including a pastor, in an attack on a church during Sunday mass in northwestern Burkina Faso, four security sources said on Monday.
Mr Mohammed Jibrin, Director-General (DG) of National Board for Technology Incubation (NBTI), says the board is ready to bring in technologies that will create immediate jobs to support hardworking and performing governors.
Arsenal could lose starlet Bukayo Saka if they fail to secure European football for next season, according to reports.