Lagarde grilled by politicians over her new European Central Bank nomination

Latest news bulletin | April 24th – Evening

Now playing Next

Latest news bulletin | April 24th – Evening

Port of Baku: the Eurasian trade hub working to expand and accelerate growth

Now playing Next

Port of Baku: the Eurasian trade hub working to accelerate growth

IN PARTNERSHIP WITH AZPROMO

A Ukrainian serviceman with the 65th Brigade walks to his armored vehicle at the frontline in Zaporizhzhia region, Ukraine, Sunday, April 21, 2024.

Now playing Next

Large-scale Russian offensive expected soon in Ukraine: ISW

Russian ship sailing in Sevastopol harbour in Crimea (Russian Defense Ministry Press Service via AP, File)

Now playing Next

Ukraine damage Russian ship in Crimea

In this photo provided by the Dnipropetrovsk Regional Military Administration, a view of the damage after Russia's attack on residential building in Dnipro, Ukraine, Friday,

Now playing Next

Russian missiles hit the Dnipro region in Ukraine

Math teacher Margie Howells teaches a fifth grade class at Wheeling Country Day School in Wheeling, W.Va., on Sept. 5, 2023.

Now playing Next

Made in Europe: AI company aiming to solve the teacher shortage crisis

A local resident swims in the flooded street between houses in Orenburg, Russia

Now playing Next

WATCH: Russia and Kazakhstan continue to grapple with floods

President Joe Biden speaks before signing a multi-billion-dollar Ukraine aid package that also includes support for Israel, Taiwan, and other allies.

Now playing Next

Biden inks delayed €89 billion aid package for Ukraine and Israel

Agnes Callamard, Secretary General of Amnesty International, speaks at a press conference in London, ahead of the launch of 'The State of Human Rights in the World'

Now playing Next

Amnesty International warns of global disregard for international law

Britain's Prime Minister Rishi Sunak, left, and German Chancellor Olaf Scholz attend a press conference in Berlin, Germany

Now playing Next

Germany's Scholz urges Europe to do more for Ukraine

A white horse on the loose bolt through the streets of London near Aldwych, on Wednesday April 24, 2024.

Now playing Next

Several military horses run wild in London, injuring four people

FILE PHOTO - Ukrainian servicemen who recently returned from the trenches of Bakhmut walk on a street in Chasiv Yar, Ukraine, Wednesday, March 8, 2023.

Now playing Next

How will the recently-passed US military aid help Ukraine?

Updated: 05/09/2019 - 10:17

Video. Lagarde grilled by politicians over new ECB nomination

She warned European countries may need to loosen the purse strings to help fight a recession.

CHRISTINE LAGARDE FINANCE EUROPEAN ECONOMY BUSINESS

More from Economy

Containers are stored in a cargo terminal in Frankfurt, Germany, Thursday, March 21, 2024.

Now playing Next

Experts slash economic growth forecast for 'ailing' Germany

People listen to speeches near the European Commission headquarters, background, during a protest by European trade unions in Brussels, Friday, April 26, 2019.

Now playing Next

Prices and social inequality top issues for European elections: Poll

Containers are pictured in the small harbour in Frankfurt, Germany, Tuesday, Feb. 13, 2024.

Now playing Next

Could a 'Middle Corridor' trade route bypass the Red Sea?

European flags outside the European Commission

Now playing Next

EU growth prospects dim with inflation expected to further retreat

Latest video

A handout photo taken from video released by the Russian Defence Ministry Press Service shows Timur Ivanov, deputy defence minister, in Moscow.

Now playing Next

A Russian deputy defence minister appears in court on bribery charges

FILE - Farmer Sergiu Calmac stands in his apple orchard in Harbovat, Moldova, Aug. 7, 2014

Now playing Next

Europe's fruit farmers worry as unseasonal frosts threaten harvests

AfD lawmaker Maximilian Krah.

Now playing Next

Far-right German MEP to remain top EU candidate despite aide's arrest

Brussels accuses Beijing of preventing market access to European producers of medical devices.

Now playing Next

EU launches probe into Chinese procurement of medical devices

A pro-Palestinian demonstration encampment at Columbia University in New York.

Now playing Next

College students across US face arrest over pro-Palestinian protests

Election posters of Stevo Pendarovski and Gordana Siljanovska Davkova, Monday April 22, 2024.

Now playing Next

EU hopeful North Macedonia holds presidential elections

Skies over southern Greece turned an orange hue on Tuesday, April 23, 2024.

Now playing Next

Athens turns orange as winds carry dust from Sahara desert

People thought to be migrants are brought in to Dover, Kent, by the UK Border Force following a small boat incident in the Channel

Now playing Next

James Cleverly in Italy to discuss clampdown on illegal migrants

Demonstrators during a protest to ask for more guarantees on the enforcement of the abortion law in front of the Italian Senate in Rome, Tuesday, April 23, 2024

Now playing Next

Italy permits pro-life groups access to abortion clinics

Results of Senate vote on $95 billion foreign aid package

Now playing Next

US Senate passes $95 billion aid package for Ukraine and Israel

A family inspects their house after it was hit by an Israeli airstrike in Rafah, southern Gaza, April 4, 2024

Now playing Next

Josep Borell says Gaza destruction is like Germany in WWII

FILE - Ukrainian soldiers fire at Russian positions from a US-supplied M777 howitzer in Kherson region, Ukraine, 9 January, 2023.

Now playing Next

Russian forces gain ground in eastern Ukraine

EU foreign policy chief Josep Borrell (left) meets Ukraine's Volodymyr Zelenskyy in February 2023

Now playing Next

EU Policy. MEPs call to seize Russia’s hundreds of billions in frozen assets

Firefighters work on the site of a burning building after a Russian drone attack in Odesa, Ukraine.

Now playing Next

Watch: Russia strikes batter Odesa, injuring at least nine civilians

Police officers evicted migrants from a makeshift camp in Paris a few steps from the Seine River (AP Photo/Nicolas Garriga)

Now playing Next

Police evict migrants from makeshift camp in Paris

Santiago Abascal, leader of far-right Vox Party, addresses supporters outside the party headquarters after the announcement of the general election first results, in Madrid.

Now playing Next

Will Vox benefit from the rise of Europe's extreme right?