President Barack Obama promised to support democracy in nascent revolutions in the Middle East on Friday, saying he would push for billions of dollars in financial incentives for Egypt and Tunisia on Thursday in the wake of uprisings across the region in recent months.
Dominique Strauss-Kahn, the disgraced former chief of the International Monetary Fund (IMF) now facing sexual assault charges, was a frequent customer of a notorious Manhattan escort service, according to reports.
Gordon Brown’s chances of taking over as boss of the International Monetary Fund (IMF), now that DSK has resigned, got even dimmer after UK Business Secretary Vince Cable indicated that Westminster would prefer from a Euro Zone nation as the new IMF chief.
Dominique Strauss-Kahn, the disgraced chief of IMF who resigned yesterday due to mounting international pressure, was looked upon as a great economist of all times. DSK, as he is popularly known, was all set to run for French Presidency next year in the banner of the Socialist Party.
German Chancellor Angela Merkel told BBC that she will back a European candidate to head the International Monetary Fund, following the resignation of Dominique Strauss-Kahn.
After the resignation of besieged chief Dominique Strauss-Kahn, China on Thursday has insisted for emerging nations to be selected in the top leadership of the International Monetary Fund, Economic Times reported on Thursday.
Dominique Strauss-Kahn, the managing director of International Monetary Fund, has resigned from his position following charges of alleged sexual assault of a New York hotel maid.
IMF Chief Dominique Strauss-Kahn has resigned from the Executive Board of the International Monetary Fund following the alleged sexual assault at a Manhattan hotel last weekend.
John Lipsky will take over as acting managing director of the International Monetary Fund (IMF) following the resignation of Dominique Strauss-Kahn on Wednesday following the charges of alleged sexual assault against him.
IMF Managing Director Dominique Strauss-Kahn Resigns
Dominique Strauss-Kahn’s reputation of inappropriate behavior with women was so alarming that as long as four years ago, French President Nicolas Sarkozy warned him to control his behavior just prior to his assumption of the managing directorship of the International Monetary Fund (IMF), according to a report in The Times newspaper of Britain.
The woman who has accused Dominique Strauss-Kahn of attempted rape did not know about his position as a top-ranked French politician or as managing director of the International Monetary Fund, her lawyer said on Tuesday.
Amidst intensifying calls for him to resign from his job as head of the International Monetary Fund (IMF), Dominique Strauss-Kahn is finding much support and sympathy from his fellow countrymen in France.
Spot Gold prices rallied against all major currencies on Wednesday morning, hitting $1491 per ounce and rising 1.2% from yesterday's eight-day low as stock and commodity markets also gained.
India's Planning Commission deputy chairman Montek Singh Ahluwalia said Wednesday that he was not putting forward his name for the top IMF job.
The race is on to choose the successor of Dominique Strauss-Kahn as the head of International Monetary Fund (IMF) as pressure mounted on the international agency to force him to resign after his arrest on sex assault charges.
Jailed IMF chief Dominique Strauss-Kahn is not in a position to run the International Monetary Fund, said Timothy Geithner, US Treasury Secretary.
The race to replace Dominique Strauss-Kahn as the head of International Monetary Fund (IMF) heated up, Tuesday, even as pressure mounted on the international agency to force him to resign so that its authority is not undermined.
The International Monetary Fund chief accused of sexually assaulting a Manhattan hotel maid is on suicide watch in his Rikers Island cell.
The International Monetary Fund announced it will not be reimbursing Dominique Strauss-Kahn for a luxury hotel suite where he allegedly sexually assaulted a chambermaid
Disgraced International Monetary Fund (IMF) chief Dominique Strauss-Kahn is coming under increased pressure to resign from his post after he was arrested in New York on charges of sexual assaulting a hotel chambermaid.
Like in the case of former high profile political sex scandals, more women are coming out with allegations against the IMF chief. After the notorious incident involving him and the Times Square hotel chambermaid, its now the turn of a French journalist to ensure that Dominique Strauss-Kahn's presidential aspirations are jeopardised.