International Monetary Fund Stories
Strauss-Kahn rape case hearing delayed again
The court date in the attempted rape case of former IMF boss Dominique Strauss-Kahn has been postponed to August 23, his lawyers said on Tuesday, adding they hope charges will be dismissed by that date.
Nasdaq spends to fend off "constant" hack attacks
The operator of the Nasdaq Stock Market is "under constant attack" from would-be hackers and will spend more on security as a result, its top executive said.
IMF chief urges U.S. to immediately resolve debt spat
IMF chief Christine Lagarde on Tuesday urged the United States to quickly resolve a political stalemate over raising the debt ceiling, warning that failure to reach an agreement would have serious consequences for the world economy.
Europe's "Marshall Plan" for Greece May Disappoint
Europe is promising to help kick-start economic growth in Greece as a way of dragging the country out of its debt crisis, but the scheme looks likely to move too slowly to have much impact in the next couple of years.
Rival debt plans pushed as deadline looms
Top lawmakers rolled out dueling debt plans on Monday that offered little prospect for compromise, increasing the threat of a ratings downgrade and national default, as President Barack Obama prepared to address Americans on the impasse.
Fed's QE2 had limited spillover effects, IMF says
The U.S. Federal Reserve's much criticized bond buying spree had only mild side-effects on other economies but the process of tightening monetary policy eventually may reverberate more harshly, an IMF report said on Monday.
Swift U.S. action on debt needed in global interest: IMF
The International Monetary Fund warned on Monday the United States must raise the debt ceiling quickly and get its debts under control for the sake of the global economy.
IMF Calls on U.S. to Raise Debt Ceiling
The International Monetary Fund Monday underscored the need for Congressional Democrats and Republicans to get their act together: it said the U.S. must raise its debt ceiling quickly, and get its debt under control, for the good of the global economy
Housekeeper: Strauss-Kahn Acted Like 'Crazy Man'
A housekeeper publicly stated details to Newsweek on Sunday regarding the sexual assault attack by former International Monetary Fund (IMF) managing director Dominique Strauss-Kahn in a New York City hotel room.
Strauss-Kahn Accuser Says She's not a Prostitute; Wants Him to go to Jail
Dominique Strauss-Kahn's accuser in the Manhattan sex assault case, the 32-year-old Guinean woman, has come out in public trying to cement the faltering case against the former IMF chief.
Hotel Maid in Strauss-Kahn Case Speaks Out
The New York hotel maid who accused former IMF chief Dominique Strauss-Kahn of attempting to rape her said in an interview published on Newsweek's website on Sunday that he appeared as a "crazy man" and attacked her when she entered his room.
Timeline: How the debt talks spiraled into crisis
With financial markets on edge, White House officials and Republican leaders scrambled to reassure them that the United States will avert default and lift its $14.3 trillion borrowing limit before August 2.
Euro Zone Agrees to Second Bailout for Greece
The Euro zone countries have agreed to provide Greece with a second bailout valued at 135-billion euros (about $194-billion) over the next thirty years.
China Risks Inflation, Property Price Bubble: IMF
The Chinese economy is facing the risk of inflation and property price bubble, say IMF economists, though the imminent danger of a major downturn in the property sector has been ruled out.
Ratings agencies rattle cages in U.S., Europe
The credit ratings agencies are again angering governments, but this time they are taking on the big fish of the world economy. From Washington to Brussels, Moody's, Standard & Poor's and Fitch have added to the intense pressure on governments trying to deal with crushing sovereign debt.
Monetary and Fiscal Policies Have Reached the Limits: AEI Outlook for US Economy (FULL TEXT)
The US economy is at an inflection point after the end of the second round of Quantitative Easing (QE2). Two rounds of monetary and fiscal stimulus since 2008 have had only limited impact on growth or unemployment. The question is,'What next?' will there be another round of monetary and fiscal policy easing? Analysts at American Enterprise Institute for Public Policy Research (AEI) are of the opinion that fiscal and monetary policies have reached their limits.
IMF urges action on Greece, European banks
The International Monetary Fund on Thursday called for a greater sense of urgency to address the Greek debt crisis and warned Europe it was taking too long to repair its banking system in the face of growing risks of contagion.
Greek reforms must move faster, PSI in the works: IMF
The IMF said on Wednesday private sector involvement was fundamental to a Greek bailout and urged Athens to move faster on fiscal and structural reforms to avoid a debt default.
Timeline: The debt debate
President Barack Obama and top lawmakers will meet again on Monday in search of a deal on slashing the budget deficit and raising the $14.3 trillion debt ceiling before the United States defaults.
IMF chief: not ready to talk about new Greek bailout
The IMF and its European partners are not yet ready to discuss terms of a second Greek bailout, IMF Managing Director Christine Lagarde said on Monday, urging Athens to do more to deal with its debt crisis.
Strauss-Kahn Hearing Delayed, Prosecutors Mull Options
Dominique Strauss-Kahn’s scheduled court appearance has been postponed, as prosecutors mull whether or not to dismiss the charges against the former IMF chief in what is amounting to a crumbling sexual assault case.
Will Italy Now Need A Bailout, Too?
Fears are spiraling that Italy may need a bailout as the yield on the country’s government bonds have surged to 5.4 percent.
Strauss-Kahn’s Political Future Getting Dimmer by the Day
Despite speculation that the French presidential race might have an intriguing new entrant, a poll taken in the country that Dominique Strauss-Kahn should rule out running in the election.
Morgenthau Defends Vance's Handling of DSK Case
Legendary former Manhattan Prosecutor Robert Morgenthau came to the defense of his handpicked successor Cy Vance Jr.’s handling of the Dominique Strauss Kahn case in a statement Thursday, saying he was confident Vance will make a principled decision whether or not to proceed with the case.
Lagarde's first news conference as IMF chief
Below are highlights of International Monetary Fund Managing Director Christine Lagarde's first news conference since being tapped to run the IMF.
Lagarde vows more clout for emerging markets at IMF
Christine Lagarde, the IMF's new chief, pledged on Wednesday to push ahead with reforms to give fast-growing emerging markets greater sway at the global lender.
Exclusive: Germany puts Greek bond swap back on table
Germany wants to put a Greek bond swap back on the table as a model for private sector involvement in fresh aid for Athens, Deputy Finance Minister Joerg Asmussen told Reuters Insider TV Wednesday.
IMF's Lagarde says will push on with IMF reforms
New International Monetary Fund Managing Director Christine Lagarde pledged on Wednesday to push ahead with reforms to give fast-growing emerging markets greater sway at the global lender.
IMF's Lagarde signs up to tougher ethics code
Christine Lagarde, who took office as IMF managing director on Tuesday, has signed up for tougher ethical rules than her predecessor as the lender seeks to inoculate itself from further hits to its reputation in the aftermath of Dominique Strauss-Kahn's resignation under fire.
Strauss-Kahn Wife Wants Revenge Against Accuser
Anne Sinclair, wife of former IMF chief Dominique Strauss-Kahn is excited that the rape case against her husband is falling apart, and she is apparently seeking revenge.