Dominique Strauss Kahn – News Stories About Dominique Strauss Kahn - Page 7

Oct 1, 2009 5:37 AM CDT

IMF: Global Recession Is Over

World economy is growing, but recovery will be slow

(Newser) - The global recession is over, the International Monetary Fund said today, revising its economic forecasts in response to Asian growth and more than $2 trillion in stimulus packages worldwide. The IMF now says the world economy is growing and will expand by 3.1% in 2010, with China growing at...

IMF Won't
Punish Boss
Over Affair

Oct 26, 2008 9:08 AM CDT

IMF Won't Punish Boss Over Affair

But 'serious error in judgment' sidetracked fund

(Newser) - The IMF’s governing board unanimously cleared its managing director of using his position to pursue an affair with a subordinate, the Wall Street Journal reports. Dominique Strauss-Kahn didn’t engage in “harassment, favoritism, or any other abuse of authority,” but his actions were “regrettable and reflected...

Amid Scandal, IMF Exec Wins Praise for Nimble Work

Oct 20, 2008 1:05 PM CDT

Amid Scandal, IMF Exec Wins Praise for Nimble Work

Strauss-Kahn's 'activist' economics suit crisis

(Newser) - Even as he faces a probe for misconduct, the head of the International Monetary Fund is being praised for a decisive response to the world financial crisis, Bloomberg reports. Europe’s chief banker says he’s “convinced the investigation will prove that Dominique Strauss-Kahn didn’t abuse power.”...

IMF Chief Probed Over Affair

Oct 18, 2008 9:51 AM CDT

IMF Chief Probed Over Affair

Investigation rattles key organization during financial crisis

(Newser) - In a shakeup amid the financial crisis, the International Monetary Fund is investigating whether its managing director abused his position in an affair with a subordinate, the Wall Street Journal reports. Backed by US and Russian representatives, Egypt’s rep to the IMF called for the probe into the relationship...

Bush Vows Market Stability, IMF Warns of 'Meltdown'

Oct 11, 2008 6:59 PM CDT

Bush Vows Market Stability, IMF Warns of 'Meltdown'

(Newser) - President Bush and his allies tried to steady plunging markets today after meeting in Washington, but proposed no new plan, Reuters reports. International Monetary Fund chief Dominique Strauss-Kahn warned that the global economy was facing "systemic meltdown," but backed the G7's as yet undefined rescue plan, saying it...

IMF to US: Do Something NOW

Oct 1, 2008 7:30 AM CDT

IMF to US: Do Something NOW

Monetary fund chief pressures Congress to pass bailout, Europe to make plans

(Newser) - The US must act swiftly to avoid economic meltdown and Europe's banks need to be ready with emergency plans of their own, IMF's managing director warns. European and Asian markets have bounced back on the prospects of a revived US bailout deal, but JP Morgan analysts warned yesterday that Europe's...

G-7 Leaders Offer No Fix for Credit Crisis

Apr 14, 2008 7:31 AM CDT

G-7 Leaders Offer No Fix for Credit Crisis

Ministers endorse more transparency, but not coordinated action

(Newser) - Group of Seven finance ministers ended 3 days of meetings in Washington yesterday by endorsing a plan to create greater transparency and oversight in financial markets to avert future crises, but no emergency measures to stem the current one. Despite a downbeat report on the likelihood of worldwide recession, and...

World Money Chief Calls for Global Action

Jan 28, 2008 10:55 AM CST

World Money Chief Calls for Global Action

IMF head foresees widespread slowdown, backs US stimulus

(Newser) - With a global recession looming, the head of the IMF has warned bankers meeting in Davos, Switzerland, that lower interest rates alone won’t avert a crisis, the Financial Times reports. Dominique Strauss-Kahn called on governments to follow the US in easing fiscal policies, reversing a quarter-century of emphasis on...

IMF Agrees
to Cancel Liberia's Debt

Nov 13, 2007 9:20 AM CST

IMF Agrees to Cancel Liberia's Debt

Victory for country's president represents coup for new fund head

(Newser) - Liberian president Ellen Johnson-Sirleaf got a huge vote of confidence yesterday when the International Monetary Fund agreed to begin eliminating Liberia's debt, the BBC reports. Donor nations have pledged $842 million to get the West African country back on track after 14 years of civil war. "Liberia has established...