Former IMF chief Dominique Strauss-Kahn must face a civil trial over an alleged sexual assault after his last bid to claim diplomatic immunity failed.
One of the biggest risks for the eurozone has to be the lack of a cohesive vision in the financial institutions’ various proposals.
African Development Bank president Donald Kaberuka has pledged to provide Malawi with $45-million in order to resuscitate the ailing economy.
Amid weaker than expected data in the US and China, and a flare-up in Europe’s debt crisis, markets will be paying close attention to key statistics.
The IMF has issued a call to bickering US politicians, urging them to solve the country’s debt problems before the vulnerable economy is tipped over.
Succession is a messy business, with skeletons always popping out, as in the case of former France presidential hopeful Dominique Strauss-Kahn.
Former IMF chief Dominique Strauss-Khan’s lawyers say they will challenge an investigation into allegations he participated in pimping in France.
A French judge has charged the former head of the International Monetary Fund Dominique Strauss-Kahn over his alleged links with a prostitution ring.
Experts have reported that Algeria’s economic growth is being stunted, partly by businesses’ reliance on the black market.
The deal hammered out by eurozone ministers is by no means the end of the tragedy as Greece’s future still looks dismal.
Controversial former IMF boss Dominique Strauss-Kahn has been detained by French cops over allegations that he participated in a sex orgy.
No image available
/ 17 February 2012
IMF gives Namibia a thumbs but raises concerns over rising public debt.
The IMF has warned that Swaziland’s fiscal crisis has reached a critical point and there is a high risk that the kingdom will be unable to pay wages.
World Bank president Robert Zoellick is leaving the job at the end of his five-year term in June, opening the door for speculation on his successor.
No image available
/ 11 February 2012
Chinese bank lending fell 28% in January from a year earlier, suggesting Beijing is reluctant to open the credit valves too quickly.
Finance ministers are piling the pressure on Greece to make good on pledges to slash public spending before closing a deal on a €130-billion bailout.
Greek coalition leaders failed to reach a deal on austerity cuts after marathon talks but Prime Minister Lucas Papademos is hopeful of an agreement.
No image available
/ 6 February 2012
Negotiations aimed at lightening Greece’s debt load to more sustainable levels are likely to dominate economic headlines this week.
No image available
/ 4 February 2012
Finance ministers are to confer by telephone after 12 hours of talks in Athens failed to produce a breakthrough on a Greek bailout deal.
Egyptians in limbo after revolt
Germany’s plan to install a commissioner in Athens with veto powers over the Greek budget has been dismissed as "laughable".
No image available
/ 25 January 2012
The IMF has cut its growth forecasts for major countries in 2012 and urged governments to adjust the "rhythm" of measures to avoid derailing recovery.
No image available
/ 24 January 2012
The IMF predicts that even as rich countries face a slowdown, sub-Saharan African economies are expected to post nearly 6% average growth in 2012.
Hopes of a deal between Greece and creditors in time for Monday’s eurozone meeting have been dashed amid increased pressure to accept bigger losses.
Gill Marcus keeps rates on hold.
Greece expects further protests as international creditors arrive to begin crucial talks on plans to write off some of the country’s debts.
No image available
/ 16 January 2012
Egypt has asked the IMF for $3.2-billion in support as its interim Cabinet seeks to fill a budget gap widened by political and economic turmoil.
No image available
/ 10 January 2012
The International Monetary Fund has told Malawi to devalue its kwacha to address its foreign exchange shortage and stem its thriving black market.
Christine Lagarde says the eurozone might avoid a recession in 2012 as there have been massive changes over the last 18 months.
The IMF’s Christine Lagarde says the South African economy’s biggest threats in 2012 will be unemployment and the eurozone crisis.
IMF chief Christine Lagarde has endured a trial by fire since winning the job six months ago, from Europe’s debt crisis to a slowing global economy.