Christine Lagarde

IMF Chief: Clouds over Global Economy are 'Getting Darker by the Day'

Escalating trade tensions are posing an increasing threat to the global economy, the head of the International Monetary Fund has warned.

"The clouds on the horizon ... are getting darker by the day," IMF Managing Director Christine Lagarde said at a news conference in Berlin on Monday.

IMF will remain engaged in Greece, Lagarde says

The International Monetary Fund will remain engaged in Greece in some form, which will most likely become clearer after a June 21 meeting of the Eurogroup of eurozone finance ministers, IMF chief Christine Lagarde said on Monday.

"We are considering all the options," Lagarde told a news conference with chiefs of other leading economic organizations in Berlin.

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