International Monetary Fund Stories
Strauss-Kahn Sexual Assault Case Likely to be Dropped: What was it all about?
Prosecutors, of the sexual assault case against former IMF chief Dominique Strauss-Kahn, are likely to drop the charges because of lack of evidence on the part of the accuser and alleged backing of political link ups
Dominique Strauss-Kahn: Prosecutors Likely to Drop the Charges
Manhattan prosecutors are likely to ask a judge on Tuesday to drop all or some charges in the sexual assault case against Dominique Strauss-Kahn.
Strauss-Kahn Accuser Mulls Dropping Case for Money: Report
Lawyers for the woman who accused former IMF chief Dominique Strauss-Kahn of sexual assault have explored a deal in which they would scuttle the criminal case in exchange for a monetary settlement in the civil lawsuit, the Wall Street Journal reported on Friday.
Leaked "rape" report sparks new Strauss-Kahn furor
Opposing lawyers disputed the meaning of a medical report that said "rape" caused injuries sustained by the woman who has accused former IMF chief Dominique Strauss-Kahn of sexual assault.
IMF's Lagarde says governments still have options to aid jobs
Advanced economies still have options to provide short-term support for jobs and growth even as they focus on medium-term fiscal consolidation, International Monetary Fund chief Christine Lagarde said.
Dubai Bucks Economic Trends With Real Estate Revival
Investor confidence in the United Arab Emirates, the once-high flying Gulf country that crashed during the debt crisis, is at its highest level in 12 months.
Congo non-oil revenues up, crude output seen slipping
The Republic of Congo's non-crude revenues rose 25 percent to 500 billion CFA Francs in the first-half of the year, Congo's president Denis Sassou N'Guesso said on Friday, adding the economy needed to ease its reliance on an oil industry poised for decline.
EU/IMF to disburse cash to Portugal despite challenges
Portugal still faces some tough challenges but is on track to meet this year's budget deficit goal despite a shortfall in performance so far, officials from the European Union and IMF said on Friday.
DefCon Child Wizard Exposes Security Flaws in Smartphone, Tablet Games
A 10-year-old girl, who goes by the handle of CyFi, found that the gaming prowess of many a smartphone can be undermined by some serious security holes.
Ukraine keeps ex-PM Tymoshenko in police custody
A judge Monday refused to release former Ukrainian Prime Minister Yulia Tymoshenko from police detention, increasing political tension around her trial on a charge of abuse of office.
Oracle, other companies "punkd" in hacking contest
A weekend contest at the world's largest hacking convention in Las Vegas showed one reason why big corporations seem to be such easy prey for cyber criminals: their workers are poorly trained in security.
DEFCON Kids: Grooming Next Generation White Hat Hackers
Some of the most explosive teenage talent in the world is engrossed in the dark art of illegal hacking and waging cyber wars on governments and corporations. And then there are those young children who master the art of legal hacking in schools run by former hacking wizards.
Oracle, other companies 'punkd' in hacking contest
A weekend contest at the world's largest hacking convention in Las Vegas showed one reason why big corporations seem to be such easy prey for cyber criminals: their workers are poorly trained in security.
Why Do Hackers Find Many U.S. Companies Easy to Hack?
Why so big companies fall prey to cyberattacks so easily? According to hackers taking part in Defcon conference -- the world's largest hacking convention in Las Vegas -- workers at big corporations are poorly trained in security, which makes it easy for hackers to trick them into revealing key information.
Oracle, other companies "punk'd" in hacking contest
A weekend contest at the world's largest hacking convention in Las Vegas showed one reason why big corporations seem to be such easy prey for cyber criminals: their workers are poorly trained in security.
China Says U.S. Downgrade ?Overdue,? Calls for Global Reserve Currency
China was quick to jump on Standard and Poor's (S&P) historic downgrade of U.S. debt.
French Court to Probe IMF Chief Lagarde on Abuse of Authority
The development comes only one month after she took over as IMF boss, succeeding Dominique Strauss-Kahn, who was forced to resign in wake of his sexual assault trial in New York City.
S.Africa throws Swaziland $370 mln lifeline
South Africa has agreed to a 2.5 billion rand bailout for Swaziland to help it through a budget crunch that had prompted unprecedented protests against Africa's last absolute monarch, officials said on Wednesday.
South Africa Provides Cash Loan to Struggling Swaziland
Reportedly, the king?s application for a loan from the International Monetary Fund (IMF), among other financial institutions, was summarily rejected.
Pakistan Relying Too Much on China Against U.S.
Pakistan's quick response to charges by China that militants involved in attacks in Xinjiang had trained on its soil shows the importance of its ties with Beijing, but it could be a mistake for Islamabad if it relies too much on China.
Japan wary of rise in China's maritime activities
China's naval forces are likely to step up their activities in waters around Japan, Tokyo's annual defence report said on Tuesday, the latest expression of regional security concerns about China's military buildup.
Japan sees further expansion of China maritime activities
Japan expects China to further expand its maritime activities in the South China Sea and the Pacific, its annual defence report said on Tuesday, the latest expression of regional security concerns about China's military buildup.
On target inflation components prompt Kenya rate hold: cbank
Kenya's monetary policy committee decided to leave its key lending rate unchanged because non-food and fuel inflation were within its target band, its chairman, who is also the governor of the central bank, said on Monday.
EU/IMF start Portugal bailout review, focus on slippage
EU and IMF officials launched their first review of Portugal's international bailout on Monday, with the focus on how the government plans to correct a budget slippage and meet its promised fiscal targets this year.
IMF: Dollar May Weaken if Debt Ceiling Not Raised
Christine Lagarde, managing director of the International Monetary Fund, said the dollar may weaken if the U.S. Congress fails to raise the U.S. debt ceiling.
Spanish PM Hopes Early Elections Will Save Economy
Prime Minister Jose Luis Rodriguez Zapatero will push elections up by four months.
Republican rebels force new delay in debt crisis
Urgent efforts to avoid an unprecedented U.S. debt default suffered a new blow on Thursday when some fiscally hardline Republicans blocked a budget deficit plan proposed by their own congressional leaders.
S&P: Deficit cuts of $4 trillion a good start
Cutting the U.S. deficit by some $4 trillion over 10 years would be a good start, but more savings would be needed over time to bring the country's finances under control, ratings agency Standard & Poor's said on Thursday.
Strauss-Kahn maid makes appeal as civil suit looms
The hotel maid who accused ex-IMF boss Dominique Strauss-Kahn of sexually assaulting her made an emotional public appeal on Thursday for people to believe her story as her lawyer threatened a civil lawsuit.