International Monetary Fund

EU Ministers Approve Cyprus Bailout Deal
March 24th, 2013

Cyprus reached a deal with international lenders on a 10 billion euro ($13 billion) rescue plan, agreeing to close down one of its largest banks and inflict heavy losses on big depositors.

Greek Crisis: G20 Leaders Agree to Boost IMF Resources
November 4th, 2011

G20 leaders in Cannes have ended their summit with an agreement to increase the resources of the International Monetary Fund to help stem the European debt crisis.

Euro Zone Accepted a New Plan to Reduce Greece’s Debts
October 27th, 2011

European leaders have proclaimed a new crucial plan to reduce Greece’s debts and provide it with more loans so that the country can eventually get out of its debt burden.

IMF Warns U.S. and Europe About the Risk of Recession
September 21st, 2011

On Tuesday The International Monetary Fund warned that the United States and the eurozone risk being plunged back into recession unless policymakers solve the problems facing the world’s two biggest economic forces.

Dominique Strauss-Kahn Walks Free After Maid Rape Case Crumbles
July 1st, 2011

A phone call a housekeeper made after she said she was sexually assaulted by Dominique Strauss-Kahn was part of a series of statements, fabrications and associations that unraveled the case.

Case Against Strauss-Kahn is Near Collapse After Revealing Alleged Victim’s Lies
July 1st, 2011

The sexual assault case against Strauss-Kahn is on the verge of being jeopardized as investigators have revealed major holes in the credibility of the housekeeper who charged that Strauss-Kahn attacked her in his Manhattan hotel suite in May.

Dominique Strauss-Kahn Resigns as Head of International Monetary Fund
May 19th, 2011

Dominique Strauss-Kahn has resigned as head of the International Monetary Fund, four days after being charged with the sexual attack of a Manhattan hotel chambermaid.

America’s Debt Crisis: U.S. Appears To Be Sleepwalking Towards Disaster
April 25th, 2011

Over the last few years, everyone has been worrying about America’s debt, and despite all that public worrying, markets keep lowering the rates at which we can borrow money.

Eurozone Nations Set Up $1 Trillion Bailout Fund
June 8th, 2010

Eurozone nations have begun setting up a giant fund that could rescue any member of Europe’s currency union from default, aiming to soothe market jitters that have sent the euro to a new four-month low against the dollar, Reuters reports. The “shock and awe” financial rescue package from the European Union and the International Monetary […]