Ukraine said it would begin negotiations with creditors on restructuring the conflict-torn country's debt, a move called for in its high-stakes multibillion-dollar bailout from the International Monetary Fund.
Pakistan has begun chasing wealthy tax-dodgers who enjoy lives of extravagance and luxury, but revenue officials face huge challenges in trying to force the very richest -- and most influential -- to pay up.
A former Greek finance minister went on trial Wednesday for allegedly shielding relatives hiding money in Switzerland, in a case closely watched for proof that the eurozone straggler is serious about tackling tax evasion.
Greece sent a list of economic reform plans to European institutions and the International Monetary Fund around midnight that was "a valid starting point" for talks over its bailout, a source close to the European Commission said on Tuesday.
International Monetary Fund chief Christine Lagarde announced Thursday that the agency had reached an agreement with Ukraine to provide assistance to the country worth 15.5 billion euros ($17.5 billion) over four years.
Ex-IMF chief Dominique Strauss-Kahn will Thursday have to explain the use of his chic Parisian "bachelor pad" for sex parties attended by prostitutes to a French court where is he standing trial for aggravated pimping.
The International Monetary Fund and conflict-torn Ukraine have reached a preliminary deal on a new financial rescue plan worth $17.5 billion dollars that could be a "turning point" for Kiev, Christine Lagarde said Thursday.
Dominique Strauss-Kahn took a prostitute to visit his office at the International Monetary Fund in Washington, a French court heard Wednesday, as a trial into pimping exposed lurid details of his sex life.
Disgraced former International Monetary Fund boss Dominique Strauss-Kahn told a French court on today that he was unaware that women who participated in orgies at luxury hotels in Paris and Washington DC were prostitutes.
Dominique Strauss-Kahn on Tuesday denied knowing the women he had orgies with were prostitutes and said paying for sex would be too great a risk for a man who was head of the International Monetary Fund.
Dominique Strauss-Kahn, the former IMF chief who was tipped to become French president before being accused of sexual assault by a New York maid in 2011, will testify to a criminal court on Tuesday over his alleged role in sex parties with prostitutes.