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French court finds IMF chief guilty over payout
Dec 20, 2016 05:40A court in France has found Christine Lagarde, the managing director of the International Monetary Fund (IMF), guilty of negligence over a massive state payout that she made to a business tycoon in 2008, but exempted her from any penalty.
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IMF approves $12-billion loan to support Egypt’s economy
Nov 12, 2016 16:34The International Monetary Fund (IMF) has given its final approval to a $12-billion bailout program for Egypt as the country continues to struggle with various economic challenges.