Dominique Strauss-Kahn has a "substantial incentive to flee" if bailed, a lawyer prosecuting the former IMF chief on sexual assault charges says.
The IMF boss charged with attempted rape has been denied bail, after the court was told he had been involved in such an incident at least once before.
One of the most successful investment vehicles of the past decade could be sowing the seeds of the next financial crisis.
Zimbabwe’s public servants are seething over revelations that Cabinet ministers and MPs have received salary hikes of at least 200% this year.
The International Monetary Fund chief has warned that the re-emergence of global imbalances could be a threat to stability.
Tough stipulations imposed by the organisation may have led to health aid being diverted to other uses, according to research.
Abandoning his perch above the IMF to plunge back into French politics is a delicate decision for Dominique Strauss-Kahn.
Recovery from the worst recession since the 1930s is weak, unbalanced and runs the risk of running out of steam the International Monetary Fund warns.
Greece on Wednesday was to receive a first dose of a bailout loan agreed with the EU in exchange for austerity cuts which are sparking new protests.
The International Monetary Fund (IMF) is still not prepared to resume lending to Zimbabwe, citing concerns about the country’s political situation.