Mar 26, 2015

China denies seeking veto power in new multilateral bank

China has not sought veto power over a new multilateral bank, a top finance ministry official said Wednesday, after a report Beijing enticed major European countries to join by offering to give up control over decisions. Britain, Germany, France and Italy have in the ...

Call girls help close business deals

Feb 6, 2015

Call girls help close business deals

The trial of former French presidential hopeful Dominique Strauss-Kahn and several businessmen on pimping charges has shone a light on the world of high-end prostitution in which sex is often used to sweeten business deals. “I was considered a VIP and offered as a ...

DSK sex scandal maid now New York restaurant owner

Feb 4, 2015

DSK sex scandal maid now New York restaurant owner

The hotel maid who four years ago accused then-IMF boss Dominique Strauss-Kahn of sexual assault — a sensational case that left his career in tatters —is now running a New York restaurant. The six-minute encounter in May 2011 between Nafissatou Diallo and one of ...

Jan 20, 2015

IMF cuts global projections, citing Japan and eurozone economies

The International Monetary Fund has cut its projections for global growth from earlier forecasts in October, citing factors such as weak investment. It also revised downward expectations for major economies such as the eurozone and Japan. The semiannual World Economic Outlook by the Washington-based ...

Jan 16, 2015

IMF chief warns of Japan, eurozone slowdowns, terror risks

International Monetary Fund Managing Director Christine Lagarde warned Thursday of an economic slowdown in Japan and the eurozone and increased geopolitical risks to the global economy linked to the recent terrorism incidents in Paris. “Despite the boost from (cheaper) oil prices and despite stronger ...

Dec 31, 2014

IMF policies hindered Ebola response, report argues

Professors from three leading British universities say International Monetary Fund policies favoring international debt repayment over social spending contributed to the Ebola crisis by hampering health care in the three worst-hit West African countries. Conditions for loans from the IMF prevented an effective response ...

Ukraine prime minister warns of war after winning confirmation vote

Nov 28, 2014

Ukraine prime minister warns of war after winning confirmation vote

Arseniy Yatsenyuk received lawmakers’ approval to remain Ukraine’s prime minister, clearing an obstacle for aid talks with the International Monetary Fund as the country grapples with a separatist insurgency in the east. Yatsenyuk, 40, was backed by 341 lawmakers in the 450-seat legislature Thursday, ...