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IMF Warns US Of Budgetary Consequences

Christine Lagarde, the new head of the International Monetary Fund, says if the United States doesn’t raise its debt ceiling, there will be quote “real nasty consequences” for the US and global economies. America is set to default on debt payments if they don’t raise the $14.3 trillion cap by August 2nd.

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IMF Names First Female Chief

French Finance Minister Christine Lagarde, has been named the FIRST woman to head the International Monetary Fund. She beat out Mexico’s Agustin Carstens for the top job – although an IMF statement said both candidates were perfectly qualified for the position. Lagarde’s appointment continues the long tradition of a European heading the IMF.

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Women Make Better Decisions Says Christine Lagarde

French finance minister says women better suited for politics than men. French finance minister Christine Lagarde (la-GARD) has turned heads with her comments about why WOMEN make for better politicians than men. Lagarde claims that men let their sex drive and ego get in the way of making big decisions, while women do not.

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