The sexual assault case against Dominique Strauss-Kahn is on the verge of collapse as investigators have uncovered major holes in the credibility of the housekeeper who charged that he attacked her in his Manhattan hotel suite in May, according to two well-placed law enforcement officials. The NYT reports.
A look at the events that led up to the arrest of the former IMF chief, with NBC's Jonathan Dienst.
France is in shock again in the Dominique Strauss-Kahn saga, as in the latest twist of the story the Socialist politician and former head of the International Monetary Fund (IMF) could be cleared of accusations of sex crimes against a maid in a New York hotel.
CNBC's Steve Liesman has the details on French finance minister Christine Lagarde named to head the International Monetary Fund.
Christine Lagarde said that she wants to fix the “open wounds” left by Dominique Strauss-Kahn’s departure from the IMF.
French Finance Minister Christine Lagarde is expected to be chosen as early as Tuesday to be the new leader of the International Monetary Fund.
For more than two years, we have witnessed the economic demise of several European countries. This soon led to the financial community systematically assessing the health of several peripheral southern European countries, tumbling investment grade ratings and spikes in required rates of return on government debt of these sovereigns. As the European Central Bank continues to dole out rescue packages, many are now looking for the next country to suffer a financial attack and wondering if the euro will even survive, reports the FT.
Stanley Fischer's candidacy for managing director of the International Monetary Fund was dismissed on grounds of age Monday, as the 67 year old is two years above the threshold of 65 demanded for the job.
Agustin Carstens, who heads Mexico's central bank, is pushing to replace Dominque Strauss-Kahn as head of the IMF.
In the race to become head of the International Monetary Fund, nationality is one of many factors that can help or hinder individuals, but few candidacies have the potential to be as charged as that of the Bank of Israel chief, Stanley Fischer.
The German parliament voted in favor of a resolution on Friday from the ruling coalition parties to back additional aid for Greece.
Dominique Strauss-Kahn, naturally, isn't attending this year, and his likely successor Christine Lagarde is in China, but the Bilderberg Conference, which kicks off in the Swiss resort of St. Moritz on Thursday, retains its conspiratorial chic and pulling power.
Agustin Carstens, the underdog candidate to head the International Monetary Fund, has accused European governments of trying to pre-empt the fund’s succession process and failing to tackle their own debt problems, reported the FT.
As euro zone politicians scramble to bring Greek public finances back under control, the question of how much the European Central Bank will lose if they fail to avert a default has taken on greater importance, reported the FT.
Former International Monetary Fund leader Dominique Strauss-Kahn has pleaded not guilty to trying to rape a maid at a New York City hotel.
CNBC's Mary Thompson has the update on Dominique Strauss-Kahn's arraignment.
Juxtapositions galore. Apple gets ready to debut its iCloud, while everyone else's cloud gets hacked. Portuguese elections set the stage for austerity, while austerity rocks Greece. Here's what we're watching...
The eurozone, as designed, has failed. It was based on a set of principles that have proved unworkable at the first contact with a financial and fiscal crisis, according to the FT.
It seems certain the IMF will not pay its share of an aid tranche to Greece at end-June but the global lender is seen taking part in a new programme, a German newspaper reported on Wednesday without quoting any sources.
A former chairman of one of Egypt's major banks was arrested Monday on charges of sexually abusing a maid at a Manhattan hotel, just weeks after the arrest of former International Monetary Fund chief Dominique Strauss-Kahn on similar allegations, police said.