Strauss-Kahn Steps Down as IMF Chief
In the wake of pressure to step down, Dominique Strauss-Kahn, the head of the International Monetary Fund (IMF), has resigned his position. Now the issue of prominence is who will succeed him and preside over the ongoing debt crisis in Europe.
Geithner Pushing for Strauss-Kahn to Quit IMF
Dominique Strauss-Kahn, head of the IMF arrested on charges of sexual assault, was pressured to quit Wednesday by Treasury Secretary Timothy Geithner.
El-Erian on Strauss-Kahn Arrest: Global Risks ‘Definitely Higher’
The co-CEO of PIMCO says the arrest of the Frenchman chief has left a leadership vacuum at the IMF.
Strauss-Kahn Denied Bail; Europe May Lose Top Slot at IMF
The impact of the allegations could result in Europe losing its hold on the top job of the IMF, and PIMCO co-CEO Mohamed El-Erian said in a blog post on Tuesday that the turmoil over succession could have repercussions for peripheral euro zone nations.
IMF Chief Strauss-Kahn’s Arrest for Sexual Assault Roils France
The arrest over the weekend for sexual assault in New York of Dominique Strauss-Kahn, head of the International Monetary Fund, is having repercussions far beyond those to his alleged victim, a hotel maid at the Times Square Sofitel.
Debt Ceiling, Retail Sales and Housing : Advisor Briefing for the Week of May 16, 2011
The likely market movers this week: debt ceiling is reached; big retailers quarterly resultss; housing and leading economic indicators.
IMF Chides Eurozone Ministers for Inaction
The head of the International Monetary Fund (IMF) criticized the member nations of the eurozone on Tuesday for failing to take forthright action in response to the crisis of confidence over the past weeks.
Euro Zone Ministers Take No Crisis or Budget Action
After five hours of talks, euro zone ministers decided to take no new action regarding the debt crisis, despite indications to the contrary earlier Monday.
Eurozone Debt Crisis: EU Meets, Germany Resists Aid Expansion
Euro zone leaders gathered Monday in Brussels to discuss a new report from the International Monetary Fund (IMF) and to call for additional measures to restore calm in the financial markets, as Germany resisted expansion of aid efforts.
IMF to Call on EU for Increase in Bailout Fund, Bond Purchases
The International Monetary Fund will urge governments in the European Union to increase the size of their rescue fund, and will also call for additional purchases of bonds by the European Central Bank.