INTERNATIONAL MONETARY FUND

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.

Fed's QE2 had limited spillover effects, IMF says

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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.

IMF Calls on U.S. to Raise Debt Ceiling

International Monetary Fund
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
Dominique Strauss-Kahn leaving his temporary Manhattan residence

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.
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Dominique Strauss-Kahn

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.
Robert Morgenthau

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.
Former IMF chief Strauss-Kahn arrives with his wife Anne Sinclair at Manhattan Criminal Court for his arraignment in New York

Strauss-Kahn faces new sexual assault case

Just after four days of former International Monetary Fund (IMF) chief Dominique Strauss-Kahn's fortune turning brighter, the French economist and politician will again have to face some more or many more court proceedings.
Former IMF Chief Dominique Strauss-Kahn

DSK Case: Will Prosecutors Back Off or Pursue Charges?

Prosecutors in New York are investigating a sexual assault case against former International Monetary Fund chief Dominique Strauss-Khan and have not yet decided to back off or continue to pursue seven counts of against him.
The Strauss Kahn Sexual Harassment case

Twist in the case sets Strauss Kahn free from house arrest

Former IMF chief Dominique Strauss-Kahn spent his very first day outside, free from the house arrest on Saturday. This happened as the prosecutors gave him a benefit of doubt regarding the credibility of the maid who accused him of a sexual assault and attempt to rape.
Dominique Strauss-Kahn

Strauss-Kahn Case Unravels as Questions Are Posed About Accuser

Investigators in the Manhattan District Attorney’s office have discovered significant inconsistencies with the account of the chambermaid who claimed Dominique Strauss-Kahn, the former head of the International Monetary Fund, sexually assaulted her in a luxury hotel room in May, sources said Thursday.
A riot policeman clashes with a demonstrator during a protest in Athens' Syntagma square

Greece: Now Comes The Hard Part

While the passage of the bill gives Greece some breathing room, lowers the risks of an immediate default and will keep the country afloat, the actual implementation of the budget may be very difficult -- if not impossible.
Prime Minister Papandreou

Rollover of Greek Debt Would Constitute “Default”: Fitch

Fitch Ratings agency has warned any voluntary rollover by commercial lenders of Greece’s debt would be regarded as a “default,” putting even more pressure on Euro Zone ministers and Greek Prime Minister George Papandreou, who is facing a crucial vote of confidence.

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