A New York judge has released former International Monetary Fund chief Dominique Strauss-Kahn without bail or home confinement in the sexual assault case against him. The decision Friday comes after prosecutors raised questions about the credibility of the woman who accused Strauss-Kahn of assault. None of the charges were dropped, and prosecutors said they will […]
Reports: Sexual Assault Case Against Strauss-Kahn on Shaky Ground
Posted July 1st, 2011 at 6:30 am (UTC-5)
Former International Monetary Fund director Dominique Strauss-Kahn will appear before a New York judge Friday as the sexual assault case against him is reportedly in serious trouble due to credibility issues with his accuser. The veteran French politician was arrested and charged in May for attacking a 32-year-old maid who came to clean his suite […]
Reports: Sexual Assault Case Against Strauss-Kahn on Shaky Ground
Posted July 1st, 2011 at 2:25 am (UTC-5)
Former International Monetary Fund director Dominique Strauss-Kahn will appear before a New York judge Friday as the sexual assault case against him is reportedly in serious trouble due to credibility issues with his accuser. The veteran French politician was arrested and charged in May for attacking a 23-year-old maid who came to clean his suite […]
Lagarde Pledges to Serve ‘Entire’ IMF Membership
Posted June 28th, 2011 at 7:00 pm (UTC-5)
The new head of the International Monetary Fund is pledging to serve the institution’s “entire membership” with the same focus and spirit as it has during the global financial crisis. French Finance Minister Christine Lagarde, who was chosen as IMF Managing Director Tuesday, said in a statement the IMF must be “relevant, responsive, effective and […]
IMF Critics Call For Reforms
Posted June 28th, 2011 at 2:35 pm (UTC-5)
Critics of the International Monetary Fund are calling for reforming the global lender and changing the way it picks leaders, as French Finance Minister Christine Lagarde was chosen to be the next IMF managing director on Tuesday. The head of the world’s largest bond fund, economist Mohamed El-Erian says she should “hard-wire” a selection process […]
Lagarde Chosen to Head IMF
Posted June 28th, 2011 at 2:20 pm (UTC-5)
French Finance Minister Christine Lagarde has been chosen to head the International Monetary Fund. Lagarde is an attorney and has been France’s finance minister since 2007. Previously, she was her country’s minister for foreign trade for two years. The IMF’s Executive Board made the selection Tuesday after Lagarde received the endorsement of the United States, […]
Lagarde To Head IMF
Posted June 28th, 2011 at 1:55 pm (UTC-5)
French Finance Minister Christine Lagarde has been chosen to head the International Monetary Fund. The 24-member IMF Executive board made the decision Tuesday in Washington. The top IMF post is vacant because former Managing Director Dominique Strauss-Kahn resigned after being arrested in New York on charges of sexual assault. He denies the allegations. The IMF […]
IMF Critics Call For Reforms
Posted June 28th, 2011 at 1:10 pm (UTC-5)
Critics of the International Monetary Fund are calling for reforming the global lender and changing the way it picks leaders. The head of Pimco, the world’s largest bond fund, economist Mohamed El-Erian says French Finance Minister Christine Lagarde is likely to be the next IMF Managing Director. He urges her to “hard-wire” a selection process […]
Washington Backs Lagarde To Head IMF
Posted June 28th, 2011 at 12:25 pm (UTC-5)
The United States is supporting French Finance Minister Christine Lagarde in her bid to be the next head of the International Monetary Fund. Russia and Brazil also publicly endorsed her on Tuesday. U.S. Treasury Secretary Timothy Geithner cited Lagarde’s “exceptional talent and broad experience.” Geithner also commended her rival for the post, Mexican central bank […]
Washington Backs Lagarde To Head IMF
Posted June 28th, 2011 at 10:40 am (UTC-5)
The United States is supporting French Finance Minister Christine Lagarde in her bid to be the next head of the International Monetary Fund. Russia also publicly endorsed her on Tuesday. In a note to journalists, U.S. Treasury Secretary Timothy Geithner cited Lagarde’s “exceptional talent and broad experience.” Geithner also commended her rival for the post, […]
