A backroom deal between Europe and the United States to select a new IMF chief could undermine the legitimacy of the global lender as well as a G20 commitment to give emerging economies a greater voice
Dominique Strauss-Kahn, IMF's ex-chief, was detained by police on May 14 for alleged sexual assault at a New York hotel, and resigned as head of the IMF five days later. The dramatic turn of events caused great sensation in the world and left many questions unanswered.
Dominique Strauss-Kahn's bail hearing Thursday could spell the end of his leadership of the International Monetary Fund.
China said the International Monetary Fund leadership should be chosen based on "merit, transparency and fairness," after Dominique Strauss-Kahn resigned as head of the IMF following his arrest in New York on charges of attempting to rape a hotel maid.
The arrest of the International Monetary Fund (IMF) chief on charges of sexual assault and attempted rape in the United States has captured the headlines of world media for days.
The shock arrest of the head of the International Monetary Fund may force the world's power brokers into a frantic search to find his replacement.
Allegations of sexual assault in a New York hotel have torn France's presidential race asunder and savaged the reputation of the suave and self-assured Dominique Strauss-Kahn, chief of the International Monetary Fund.
The arrest of Dominique Strauss-Kahn on May 14 in New York, for an alleged sexual assault, has surely dealt a huge blow to the International Monetary Fund's credibility, which is as fragile as the ongoing global recovery.
IMF chief Dominique Strauss-Kahn awoke Tuesday in a notorious jail on an attempted rape charge as the outside world swirled with questions about the truth of the accusations and pressure mounted on him to step down.
Dominique Strauss-Kahn's bail hearing Thursday could spell the end of his leadership of the International Monetary Fund.
The arrest of Dominique Strauss-Kahn has plunged the International Monetary Fund into a leadership dilemma just as it's playing a key role in addressing Europe's debt crisis and other global challenges.
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