INTERNATIONAL MONETARY FUND

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.

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.

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.

According to some reports, at least 250 more people were arrested by plainclothes police in Minsk.

The finance minister of Poland has criticized the European Union (EU) for the way it has handled the Greek financial crisis.

The chambermaid who accused former IMF Director Dominique Strauss-Kahn of sexual assault admitted that she lied to a grand jury about the events surrounding the alleged attack, according to a letter sent from prosecutors to Strauss-Kahn's defense team.

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.

Prosecutors will move to dismiss charges against former IMF-chief Dominique Strauss-Kahn when he returns to court on July 18, one source said Friday.

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.

Former International Monetary Fund chief Dominique Strauss-Kahn may be freed on bail six weeks after being arrested on charges of sexual assault, the New York Times reported Thursday evening.

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.

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.

The newly named managing director of the International Monetary Fund is urging Greek opposition politicians to pass the Socialist government’s austerity budget.

The International Monetary Fund has named Christine Lagarde its new head and the first woman to lead the organization, according to a statement released from Washington today.

Without telling his government, the head of Afghanistan's central bank has left the country and taken up residence in the US.

French Finance Minister Christine Lagarde is expected to be chosen as early as Tuesday to be the new leader of the International Monetary Fund, The Associated Press reported.

Greece’s largest unions have called for a 48-hour general strike next week to protest a new austerity package that the nation’s parliament will vote on.

The Greek parliament has voted favorably on a motion of confidence for the government of George Papandreou, Reuters reports.

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.

If one thought to watch a movie online on Father's Day or just to spend Sunday time on Netflix, they were in for a surprise.

Shares in Japanese game developer Sega Sammy Holdings Inc fell on Monday after news leaked that hackers breached the company's networks and stole information from 1.3 million customers.