Top emerging economies joined forces to slam Europe's obsolete grip on the IMF's top job, even as France's finance minister appeared to strengthen her lead in the race to replace Dominique Strauss-Kahn.
Greek Prime Minister George Papandreou efforts to impose more austerity measures on his already-beleaguered nation struck a roadblock when key government figures said they would not back any further spending cuts or tax hikes.
After Dominique Strauss-Kahn's resignation from IMF, French finance minister Christine Lagarde has emerged as the leading candidate for IMF chief, receiving the support of European nations. On the other hand, countries such as China, India and Mexico are calling for an IMF chief from among an emerging economy.
Dominique Strauss-Kahn's DNA was found on the clothes of a New York maid who accused the former IMF chief for sexual assault.
Investigators have found matching DNA of former IMF Managing Director Dominique Strauss-Kahn with the clothes of the hotel maid who accused him of attempted rape.
Palestinian Authority Prime Minister Salam Fayyad suffered a heart attack and underwent an operation in Texas on Monday.
A poll conducted after former IMF chief Strauss-Kahn was arrested in New York on attempted rape charges which he denies, shows Nicolas Sarkozy losing by a sizeable margin to either of the likely left-wing challengers -- Francois Hollande or Martine Aubry, reported Reuters.
Aren't you at all curious about who's behind this lynching by media scam? This is an all-out, no-holds-barred, steel-cage, take-down. The big boys save that kind of action for the worst offenders, that is, for the insiders who have broken Omerta or wandered off the reservation. Even Bernie Madoff was allowed to stay in his $7 million Park Avenue penthouse.
According to reports in the French website Atlantico.fr, DNA samples taken in the sexual assault charge confirmed traces of his sperm on a dress worn by the hotel chambermaid who was allegedly raped by the former boss of the International Monetary Fund (IMF)
Anne Sinclair, Dominique Strauss-Kahn's third wife, stands strongly beside him with steady love as she finances his life with her massive family fortune.
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.
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.
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.