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Greek bailout plan now moves to the IMF

Debate over Greece’s rescue plan now shifts to the International Monetary Fund, which must decide if it is willing to risk more on a bailout effort that the fund’s own analysis shows has a strong probability of failing.

 

French Police Detain Dominique Strauss-Kahn for Questioning

Dominique Strauss-Kahn

Dominique Strauss-Kahn was taken into custody in connection with an investigation into an alleged prostitution ring operating in France and Belgium.

 

Prostitution probe to quiz Strauss-Kahn: source

Former IMF chief Dominique Strauss-Kahn is to be questioned next week by police investigating an alleged prostitution ring in Lille, northern France, a police source said.

 

I.M.F. Seeks Additional $500 Billion

IMF: Christine Lagarde

The International Monetary Fund said it aims to raise up to $500 billion for new loans, and said its staff estimates that countries will need about $1 trillion in loans over the coming years.

 

Italy, Spain haven't asked IMF for help: Lagarde

IMF's Christine Lagarde

Italy and Spain have not asked to be rescued by the International Monetary Fund, the head of the lender said on Monday as she urged European leaders to quickly solve the region's festering debt crisis.

 

Europe’s Two Years of Denials Trapped Greece

Europe’s Two Years of Denials Trapped Greece

THE warning was clear: Greece was spiraling out of control. But the alarm, sounded in mid-2009, in a draft report from the International Monetary Fund, never reached the outside world. Greek officials saw the draft and complained to the I.M.F. So the final report, while critical, played down the risks that Athens might one day default, with disastrous consequences for all of Europe.

 

Obama, G-20 can't agree on IMF rules

Obama, G-20 can't agree on IMF rules

President Obama and the G-20 could not agree on how to add resources to the International Monetary Fund so that it can help with the European debt crisis. G-20 members did say that the IMF should have more tools and money, but decisions on exactly how to do that were put off until next year.

 

Europe rejects U.S. approach to financial crisis, stirring doubts about plan

Europe rejects U.S. approach to financial crisis, stirring doubts about plan

European officials have rejected key recommendations from the United States and the International Monetary Fund, casting doubt on whether an emerging plan to address the region’s financial crisis will be as broad or fast acting as hoped.

 

DSK attempted rape case dropped

DSK attempted rape case dropped

After investigating a complaint filed against former International Monetary Fund head Dominique Strauss-Kahn, in which a journalist accused him of attempting to rape her in 2003, French prosecutors said there was a lack of sufficient evidence to file charges.

 

IMF downgrades outlook for US and Europe economies

The International Monetary Fund is sharply downgrading its outlook for the U.S. economy through 2012 because of weak growth and concern that Europe won't be able to solve its debt crisis.

 

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