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Despite being the ‘heir apparent’ to the top post of the International Monetary Fund (IMF), Christine Lagarde has cautioned that her candidacy might be premature.

Under enormous pressure from the European Union (EU) and International Monetary Fund (IMF), the Greek government has commenced a program to sell of certain domestic assets in order to reduce the country’s burdensome debt.

The principal attorney for Dominique Strauss-Kahn is confident that his client will be acquitted of sexual assault charges he faces

The Gold Price in Euros shot to a new all-time high of €34,746 per kilogram (€1080 per ounce) - 1% above Friday's close. The Euro price to Buy Gold has risen 16% since this time last year.

French economist and politician, Dominique Strauss-Kahn is facing a trying time as he is under house arrest for allegations of sexually assaulting a hotel maid.

French Finance Minister Christine Lagarde's standing for the top IMF official gained impetus in Europe on Sunday with Mexico forwarding its own candidate for the post, giving competition for the top job.

Britain's finance minister endorsed his French counterpart Christine Lagarde on Sunday to succeed Dominique Strauss-Kahn as head of the International Monetary Fund, as the process for selecting a new head begins.

Christine Lagarde, the French Finance Minister and a former synchronized swimming champion, was endorsed as the new head of the International Monetary Fund.

Austrian Finance Minister Maria Fekter backed French counterpart Christine Lagarde for the top job at the International Monetary Fund and threw her weight behind Austrian banks in the debate over new capital rules.

Austrian Finance Minister Maria Fekter backed French counterpart Christine Lagarde for the top job at the International Monetary Fund and threw her weight behind Austrian banks in the debate over new capital rules.

The finance ministers of France and Singapore are among the names being floated to succeed Dominique Strauss-Kahn as early as June 30 as the head of the International Monetary Fund, a bank of last resort for the world's nations.

The International Monetary Fund on Friday approved a 26 billion euro ($36.8 billion) loan for Portugal to help the country recover from a debilitating sovereign debt crisis, saying it would immediately disburse 6.1 billion euros to ease investor concerns over the euro zone member's debts.

Fitch cut Greece's credit rating by three notches on Friday, pushing the country deeper into junk territory, and warned that any kind of debt restructuring would amount to default.

Dominique Strauss-Kahn, the disgraced former chief of the International Monetary Fund (IMF) may have left his prison cell after posting $1-million bail, but he might not have a place to live in the outside world.

Dominique Strauss-Kahn will receive an annual pension in excess of $318,000 from the International Monetary Fund (IMF) after having resigned as its chief as he prepares for a rape trial in New York, according to a report from ABC News.

Christine Lagarde, French Finance Minister emerged as the next IMF head on Thursday after Dominique Strauss-Kahn resigned and vowed to fight charges of sexually assaulting a hotel maid.

Using a region in upheaval as the impetus behind his “Arab spring” speech, President Barack Obama saw to it that the world knew just what it is that America values.

History will remember Dominique Strauss-Kahn as a man who put the International Monetary Fund (IMF) on the road to decline, and that the new leadership should bring about a fundamental rethink of the fund's economic programs for the European periphery, leading think tank American Enterprise Institute has said.

German Finance Minister Wolfgang Schaeuble announced on Friday that Europe will soon decide on a candidate to become the next chief of the International Monetary Fund (IMF), reports said

In a hearing at New York's Supreme Court, Dominique Strauss-Kahn was granted bail and released from the Rikers Island prison facility on Thursday.

Dominque Strauss-Kahn’s womanizing is well-known. However, the media scrutiny following his arrest unearthed allegations that some of his past activities were extremely inappropriate.

Strauss-Kahn was widelly known for being a womanizer. He admitted to an affair with a Hungarian subordinate at the IMF and often sent flowers and notes to female journalists he fancied.

A New York judge has granted Dominique Strauss-Kahn’s application for bail, pending his trial for sexual assault.

A New York grand jury indicted Dominique Strauss-Kahn, the former chief of the International Monetary Fund (IMF) on seven counts in connection with the alleged sexual assault on a hotel maid in Times Square last weekend.

Former IMF chief Dominique Strauss-Kahn has been indicted by a grand jury in connection with the alleged sexual assault of a hotel chambermaid, according to a report by Associated Press, quoting a New York prosecutor.

It is confirmed that Dominique Strauss-Kahn has announced his resignation from as the International Monetary Fund (IMF) Chariman. He is amidst sexual assault charges and a growing pressure of doubt in his ability to run the organization. A resignation letter from Strauss-Kahn to the IMF board described his denial to the allegations and hopes of protecting the institution.

President Barack Obama promised to support democracy in nascent revolutions in the Middle East on Friday, saying he would push for billions of dollars in financial incentives for Egypt and Tunisia on Thursday in the wake of uprisings across the region in recent months.

John Lipsky—Acting Managing Director, International Monetary Fund delivered the following speech at Annual Meeting of the Bretton Woods Committee on May 19, 2011.

After the resignation of Dominique Strauss Khan following an arrest for sexual assault, the next question is who will be the next person to lead the International Monetary Fund, responsible for reducing poverty and promoting stability and sustainable economic growth around the world?