INTERNATIONAL MONETARY FUND

Prosecutors Tell NY Judge to Drop Strauss-Kahn Case

Combo of former International Monetary Fund Chief Dominique Strauss-Kahn (L) and Nafissatou Diallo(R)
New York prosecutors asked a judge to dismiss sexual assault charges against former IMF chief Dominique Strauss-Kahn on Monday, a stunning reversal that could revive the political future of a man many had seen as the next president of France.
Former IMF Director Dominique Strauss-Kahn

New York Prosecutors Set to Drop Strauss-Kahn Case

Prosecutors on Monday appeared set to drop sexual assault charges against former IMF director Dominique Strauss-Kahn, a stunning reversal in the case against a man who many had seen as the next president of France.
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Congo

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.
Former Ukrainian Prime Minister Yulia Tymoshenko

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

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.
International Business Times Logo

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.
Company logo shown at headquarters for Oracle Corp shown in Redwood City

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.
Anonymous Hackers Target BART

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.
Company logo shown at headquarters for Oracle Corp shown in Redwood City

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.
South Africa's Minister of Finance Pravin Gordhan delivers the 2010 budget speech at parliament in Cape Town

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.
Analysis: Pakistan relying too much on China against U.S.

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 and China agree to improve ties despite row

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.
International Business Times Logo

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.
Central Bank of Kenya

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.
The U.S. Capitol Dome is lit after the first significant snowfall of the season as the House of Representatives worked late into the evening to pass the $858 billion package of renewed tax cuts and more unemployment benefits in Washington

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.
Nafissatou Diallo (C), the Manhattan maid who has accused Dominique Strauss-Kahn of sexually assaulting her, stands during a media conference at the Christian Cultural Center in the Brooklyn borough of New York

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.
Angela Merkel

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.

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