Tag: Dominique Strauss-Kahn

France’s Lagarde becomes first female IMF chief

France’s Lagarde becomes first female IMF chief

It has been confirmed that French Finance Minister, Christine Lagarde, is to become the first ever woman to head the International Monetary Fund (IMF). The 55-year-old has been the front-runner since the position became available when Dominique Strauss-Kahn, former managing director of the IMF, was forced to step down after being accused of sexually assaulting […]

June 29, 2011 More
Osborne shows support for Lagarde to take IMF role

Osborne shows support for Lagarde to take IMF role

Chancellor George Osborne has showed his support for Christine Lagarde to take over as chief at the International Monetary Fund (IMF). Mr Osborne believes the 55-year-old Economy Minister is an “outstanding candidate” for the position and is set to formally nominate her. The chief role at the IMF is available after Dominique Strauss-Kahn was forced […]

May 22, 2011 More
IMF chief could face 25 year prison sentence

IMF chief could face 25 year prison sentence

Dominique Strauss-Kahn, managing director of the International Monetary Fund (IMF), could be sentenced to up to 25 years in prison if he is convicted of the most serious charge. Sixty-two-year-old Strauss-Khan was arrested at the weekend after being accused of sexually assaulting a hotel maid in New York. Mr Strauss-Kahn denies the charges and is […]

May 17, 2011 More
IMF fears currency war after interventions by central banks

IMF fears currency war after interventions by central banks

Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), has expressed his concern for a currency war. According to Mr Strauss-Kahn, if Governments across the world use exchange rates as a policy weapon, there could be a serious risk to global economic recovery. His comments come ahead of the IMF and World Bank annual […]

October 6, 2010 More
IMF believes yuan still undervalued

IMF believes yuan still undervalued

Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), has said that China’s yuan was still too low, despite a pledge by the People’s Bank of China to make its exchange rate more flexible. The US has previously expressed dissatisfaction that China is keeping the value of the yuan low to help its exporters […]

June 29, 2010 More
Greece may activate emergency loans

Greece may activate emergency loans

The euro has lost ground again today after it emerged that Greece has requested talks with the European Union, European Central Bank and the International Monetary Fund (IMF) to discuss its rescue package. On Sunday, finance ministers of the euro zone nations agreed to provide emergency loans to Greece. The deal will see €30 billion […]

April 16, 2010 More
IMF: Asia leads global recovery

IMF: Asia leads global recovery

The International Monetary Fund (IMF) has today warned that the global recovery “remains very fragile“. Dominique Strauss-Kahn of the IMF said the global economy has been stronger than expected and China and developing Asian economies are leading the way in the global economic recovery but warned all major economies of an early withdrawal from stimulus […]

January 18, 2010 More