Market Correction and the End of QE2
Can the financial markets recover from their recent decline in the face of the end of QE2? We believe that the answer is clearly “yes.”
Strauss-Kahn Granted Bail
A New York judge has granted Dominique Strauss-Kahn’s application for bail, pending his trial for sexual assault.
Strauss-Kahn Indicted on 7 Counts of 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.
Dominique Strauss-Kahn Indicted
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.
Obama Seeks to Redraw Israel-Palestine Map to Pre-1967 Borders
In his wide-ranging speech on his vision for the Middle East, U.S. Barack Obama said the map of Israel and Palestine should adhere to the borders that existed prior to the Six-Day War of 1967.
US and Saudi Arabia deepening military, strategic ties
Amidst the political upheavals in the Middle east and North Africa, the U.S. is expanding its military and defense relations with Saudi Arabia on a grand scale, according to media reports.
Syria denounces US sanctions
The Syrian regime of President Bashar al-Assad has condemned sanctions imposed on the country by the President of the United States, according to Syrian state media, SANA.
Acting IMF Chief John Lipsky's Speech (FULL-TEXT)
John Lipsky—Acting Managing Director, International Monetary Fund delivered the following speech at Annual Meeting of the Bretton Woods Committee on May 19, 2011.
Former “Taxi” Star Hospitalized In Coma
Jeff Conaway, the former star of the widely acclaimed TV series “Taxi” and the popular film “Grease” is in a coma in a hospital following a drug overdose, according to his manager.
Strauss-Khan Used NY Escort Service: Madam
Dominique Strauss-Kahn, the disgraced former chief of the International Monetary Fund (IMF) now facing sexual assault charges, was a frequent customer of a notorious Manhattan escort service, according to reports.
LinkedIn shares soaring
Shares of LinkedIn (NYSE: LNKD), the most highly anticipated initial public offering of the year, have almost doubled in value on their first day of trading.
Taliban Kill 35 Road Workers In Ambush
The Afghan Taliban’s spring offensive against the state has taken another deadly turn, with the murder of at least 35 construction workers in an ambush in the eastern part of the country, according to reports.
No support in Britain for Gordon Brown as New IMF Chief
Gordon Brown’s chances of taking over as boss of the International Monetary Fund (IMF), now that DSK has resigned, got even dimmer after UK Business Secretary Vince Cable indicated that Westminster would prefer from a Euro Zone nation as the new IMF chief.
Stocks surge on commodity rally
Stocks rallied broadly today supported by a surge in commodity prices.
Gates, Mullen Urge Congress to Keep Sending Aid To Pakistan
Despite a chorus of calls from some senior US politicians that aid to Pakistan should be halted or curtailed, Defense Secretary Robert Gates said that the U.S. should continue to financially help the South Asian nation because it remains of “significant” interest to Washington.
Sarkozy Warned Strauss-Kahn In 2007 To Curb His Behavior
Dominique Strauss-Kahn’s reputation of inappropriate behavior with women was so alarming that as long as four years ago, French President Nicolas Sarkozy warned him to control his behavior just prior to his assumption of the managing directorship of the International Monetary Fund (IMF), according to a report in The Times newspaper of Britain.
FOMC Minutes (FULL-TEXT)
Minutes from the last FOMC meeting held April 26-27, 2011.
US To Impose Sanctions on Syrian President Assad
The U.S. government will impose sanctions on Bashar al-Assad, the President of Syria, as well as six top Syrian government officials, over human rights abuses perpetrated over the past two months of unrest in that country, according to reports.
Democratic Senators Urge US To Halt Aid To Pakistan
A group of senior U.S. Senators (all Democrats) are pushing the Obama Administration to halt any further aid to Pakistan until the government is convinced that Islamabad is not sheltering any more terrorists in the country and doing everything it can to stamp out Islamic militancy.
Pakistan Taliban release video threatening vengeance for Osama killing
The Pakistan Taliban has threatened vengeance against the West for the killing of Osama bin Laden by U.S. Special Forces more than two weeks ago.
Queen Elizabeth’s Historic Appearance Recalls “Bloody Sunday”
As part of her historic trip to the Republic of Ireland, Queen Elizabeth has made an appearance at Croke Park in Dublin, the sports field that was the site of a massacre of Irishmen by British troops 91 years ago.
Queen Elizabeth Makes Unprecedented Appearance At Croke Park, Site of 1920 Massacre
As part of her historic trip to the Republic of Ireland, Queen Elizabeth has made an appearance at Croke Park in Dublin, the sports field that was the site of a massacre of Irishmen by British troops 91 years ago.
IMF Warns Greece: Shape Up Or Else
The International Monetary Fund’s (IMF) chief official responsible for Greece has warned the debt-stricken country must take even more austerity measures in order to reduce its massive budget deficit.
Majority of French public believe Strauss-Kahn was set up
Amidst intensifying calls for him to resign from his job as head of the International Monetary Fund (IMF), Dominique Strauss-Kahn is finding much support and sympathy from his fellow countrymen in France.
Pakistan arrests al-Qaeda operative
Pakistan security forces have arrested a senior al-Qaeda official in Karachi on Tuesday, suggesting that Islamabad may finally get serious about cracking down on terrorists operating within her borders, two weeks after the spectacular killing of Osama bin Laden by US commando forces.
Morrissey Slams Queen’s trip To Ireland; Blasts Royal Family
Legendary British rock star Morrissey, a long-time strident critic of the British Royal Family, has renewed his venomous attacks on the Windsor Monarchy amidst Queen Elizabeth II’s historic visit to the Irish Republic.
Goodbye, Bull Market: S&P
The bull market that began in March 2009 may be over, warned a report from Standard & Poor’s.
Libyan oil minister defects to Tunisia: Report
Libya’s oil minister has reportedly fled the tattered regime of Moammar Gaddafi and defected to Tunisia over the weekend, making him one of the most prominent Libyan officials to abandon Tripoli.
“No Excuse” for Strauss-Kahn If Rape Charges True: French PM
Francois Fillon, the French prime minister, has warned that if the sexual assault charges against Strauss-Kahn are true, there can be no excuse for his actions and that he cannot be pardoned.
Pakistan PM Hails China As “Best Friend”
The Prime Minister of Pakistan has hailed China as his country’s “best friend” amidst deteriorating relations with the United States.