Tag: Dominique Strauss-Kahn

• Tuesday, June 28th 2011 - 23:15 UTC

  Europe keeps IMF post: Lagarde becomes first woman to lead the institution

  

  The Executive Board of the International Monetary Fund selected on Tuesday Christine Lagarde to serve as IMF Managing Director and Madame Chairman of the Executive Board for a five-year term starting on July 5, 2011.

• Saturday, May 28th 2011 - 07:32 UTC

  IMF-head hopefuls visit next week Brazil as part of their global campaign for support

  

  The two leading candidates for the position of IMF Managing director will be visiting Brazil next week. French Finance Minister Christine Lagarde plans to travel to Brasilia on Monday to seek support for her candidacy, the French embassy said Friday.

• Sunday, May 22nd 2011 - 12:32 UTC

  European powers endorse French minister Lagarde as next IMF chief

  

  European leaders raced Saturday to nominate a successor for fallen IMF chief Dominique Strauss-Kahn before a G8 summit in France next week, with French Economy Minister Christine Lagarde in pole position.

• Saturday, May 21st 2011 - 09:45 UTC

  Lipsky calls for continued support for ‘shaky’ economies in Europe

  

  The global economic recovery is accelerating but remains vulnerable to setbacks said IMF acting Managing Director John Lipsky said as he urged continued international support for shaky economies in Europe.

• Friday, May 20th 2011 - 10:16 UTC

  China says new IMF chief should better represent emerging economies

  

  The new leadership of the IMF should reflect changes in the world economic order and be more representative of emerging market economies, People’s Bank of China Governor Zhou Xiaochuan said on Thursday.

• Thursday, May 19th 2011 - 22:22 UTC

  DSK granted bail and formally indicted; will appear in court June 6

  

  Dominique Strauss-Kahn on Thursday was granted bail by a judge in a New York court, after being formally charged with trying to rape a hotel maid. Strauss-Kahn had earlier resigned as the International Monetary Fund's boss.

• Thursday, May 19th 2011 - 07:36 UTC

  Strauss-Kahn resigns from IMF; defence lawyer presents new plea for bail

  

  International Monetary Fund chief Dominique Strauss-Kahn has resigned following allegations he sexually assaulted a hotel maid in New York. In a statement, Mr Strauss-Kahn, 62, said he had already informed the executive board of his intention to step down “with immediate effect”.

• Wednesday, May 18th 2011 - 07:10 UTC

  US says IMF should designate an interim Managing Director

  

  Dominique Strauss-Kahn is “not in a position to run” the International Monetary Fund after his arrest over an alleged sexual assault, US Treasury Secretary Timothy Geithner has said. He added IMF's executive board should designate an interim head.
  The alleged assault on a maid happened at New York's luxury Sofitel hotel on 14 May.

• Monday, May 16th 2011 - 20:33 UTC

  IMF chief denied bail remains in custody in New York

  

  IMF Dominique Straus-Kahn, accused of attempting to rape a hotel housekeeper, was ordered held without bail by a New York judge after prosecutors argued he presented a flight risk.

• Sunday, May 15th 2011 - 14:49 UTC

  IMF head and French president hopeful arrested for alleged sex act in New York

  

  An attempted-rape charge against IMF Managing Director Dominique Strauss-Kahn may put an end to his prospects of running in the French presidential election even as his party called for calm and unity until the claims have been verified.