Ignoring Raghuram Rajan's 2005 prediction was a big mistake: IMF chief

Showering fulsome praise on Raghuram Rajan, IMF chief Christine Lagarde Tuesday said not listening to his prediction of 2008 credit crisis was a big mistake of the multilateral funding agency.

Cash-strapped Ukraine launches crucial debt talks

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.

Cash-strapped Ukraine to start talks on debt restructuring

Ukraine`s government said Thursday it would begin negotiations with creditors on restructuring its debt, a day after the International Monetary Fund threw the cash-strapped country a lifeline.

Pakistan moves to widen tax net, but big fish yet to be caught

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.

IMF okays $187 mn to support Ebola-hit Sierra Leone

 The International Monetary Fund approved on Monday funding and debt relief worth about $187 million for Ebola-hit Sierra Leone.

Greek ex-minister faces life in tax evasion test trial

 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 sends comprehensive reform plan to lenders: EU source

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.

Greece to present reforms to finalise loan extension

Greece is due to submit a list of proposed reforms to its debt inspectors by Monday night to get final approval for an extension to its rescue loans.

IMF announces $17.5 billion assistance for Ukraine

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.

DSK pimping trial to focus on Paris `bachelor pad`

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.

IMF, Ukraine in deal for $17.5 bn bailout: Lagarde

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.

French court hears DSK took prostitute to visit IMF office

 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. 

Strauss-Kahn fends off pimping accusations in French court

 Britain has pulled its ambassador and other staff out of Yemen and suspended work at its embassy due to fears over the security situation, officials said Wednesday.

Strauss-Kahn denies knowing he had sex with 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 busy "saving the world."
 

I didn't know women were prostitutes, says Strauss-Kahn

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.

Strauss-Kahn denies knowledge of prostitutes at sex parties
Strauss-Kahn denies knowledge of prostitutes at sex parties

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.

Ex-IMF head Strauss-Kahn testifies in French sex ring trial

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.

Ex-prostitute recalls the hell of Belgian brothels

Carole was drugged, raped by three men, filmed and threatened at the outset of her three-year descent into the hell of prostitution -- a form of "modern-day slavery" she eventually managed to escape.

Greece wants to pay debts, negotiate, says PM Alexis Tsipras

 Greek Prime Minister Alexis Tsipras has asserted that Athens wants to pay its debts to its international creditors and if its partners want the same they must "negotiate the technical means to do so with us".

Angela Merkel rules out more debt cuts for Greece

German Chancellor Angela Merkel ruled out further debt cuts for Greece, putting the new Greek government on a collision course with the European Union (EU).