INTERNATIONAL MONETARY FUND

France's Finance Minister Lagarde arrives to attend the 17th Children's Parliament at the National Assembly in Paris

Lagarde likely to head IMF - Nikkei

French Finance Minister Christine Lagarde is most likely to head International Monetary Fund (IMF), with backing of the United States and Japan, the Nikkei financial daily reported on Sunday, citing unidentified global financial industry sources in Washington, reported Reuters.
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India urges for joint IMF candidate from BRICs

India is talking with other emerging nations to build support for a common candidate for a developing economy to be the next head of the International Monetary Fund, with Mexico's Central bank chief being a possibility, said two government sources, reported Reuters.
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Euro-denominated gold jumps to record high

Gold rose to a record high for the third consecutive session on Wednesday as deepening concern over Europe's sovereign debt crisis spurred demand for the metal as a safe haven investment.

Strauss-Kahn’s DNA Found On Assault Victim’s Dress: Report

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)

Greece Begins Sale of State Assets To Ease Massive Debt

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.

UK endorses Lagarde for top IMF 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.

Strauss-Kahn’s Golden Parachute from IMF

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.

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