Global News Post: IMF

Court Puts Dominique Strauss-Kahn under Investigation

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</span></div><div style="text-align: justify;"><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;">French court has placed former International Monetary Fund chief Dominique Strauss-Kahn under formal investigation for alleged involvement in a prostitution ring.</span></div><div style="text-align: justify;"><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></div><div style="text-align: justify;"><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><iframe allowfullscreen="" frameborder="0" height="305" src="http://www.voanews.com/templates/widgetDisplay.html?id=144347125&player=article" width="480"></iframe></span></div><div style="text-align: justify;"><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></div><div style="text-align: justify;"><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;">Strauss-Kahn posted a $133,000 bail to avoid sitting in jail while prosecutors pursue their case. A formal investigation in France is one step short of formal charges.</span></div><div style="text-align: justify;"><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></div><div style="text-align: justify;"><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;">Prosecutors allege Strauss-Kahn helped supply prostitutes for business clients at a luxury hotel in the northern French city of Lille and had parties with the women. </span></div><div style="text-align: justify;"><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></div><div style="text-align: justify;"><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;">His lawyer accuses authorities of inventing the charges because of his fame. ---VOA News</span></div></div>

Court Puts Dominique Strauss-Kahn under Investigation

French court has placed former International Monetary Fund chief Dominique Strauss-Kahn under formal investigation for alleged involvement ...

Ex-IMF Head Strauss-Kahn Gets Charges in Prostitution Case

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<div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">PARIS (RIA Novosti) --- French investigators charged Dominique Strauss-Kahn, the former head of the International Monetary Fund (IMF), with an alleged involvement in a French prostitution ring, a statement from prosecutor’s office in Lille said.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">Strauss-Kahn was questioned at a prosecutor’s office in the northern city of Lille on Monday. He is under investigation over the so-called Carlton Affair for his alleged involvement of organizing orgies with prostitutes, most of which were held in French Carlton hotel. He is also suspected in similar events organized in Washington and Brussels.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">The statement said that after the questioning, Strauss-Kahn was placed under the judicial supervision, was prohibited from contacting other people involved in the case and had to pay 100,000 Euros in bail.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">If the 62-year-old former IMF head is found guilty on charges pressed against him, he may face up to 20 years in prison.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">In 2011, Strauss-Kahn, who was considered French President Nicolas Sarkozy's greatest rival at the upcoming presidential elections scheduled for this month, was under investigation for sexual assault on a hotel maid in New York.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">The case was opened on May 14 after 32-year-old Nafissatou Diallo claimed Strauss-Kahn had assaulted her sexually at the Sofitel New York Hotel. Strauss-Kahn pleaded not guilty and said sexual contact with the maid was under mutual consent.<o:p></o:p></span></div></div>

Ex-IMF Head Strauss-Kahn Gets Charges in Prostitution Case

PARIS (RIA Novosti) --- French investigators charged Dominique Strauss-Kahn, the former head of the International Monetary Fund (IMF), with...

IMF Chief Urges More Global Reforms, Praises China's Business

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<tr><td style="text-align: center;"><a href="http://ws.amazon.com/widgets/q?MarketPlace=US&ServiceVersion=20070822&ID=AsinImage&WS=1&Format=_SL160_&ASIN=B004H86T2Y&tag=widgetsamazon-20" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="240" src="http://ws.amazon.com/widgets/q?MarketPlace=US&ServiceVersion=20070822&ID=AsinImage&WS=1&Format=_SL160_&ASIN=B004H86T2Y&tag=widgetsamazon-20" width="320" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; line-height: 23px; text-align: left;"><span style="font-size: xx-small;">Christine Lagarde</span></span> </td></tr>
</tbody></table><span style="font-size: 12pt; text-align: justify;">Christine Lagarde, managing director of the International Monetary Fund, ended a two-day visit to China Sunday, with words of caution about the global economic recovery and praise for the country's business policies.</span><br />
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</div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><span style="font-size: 12pt;">Lagarde told an audience of business leaders and officials in Beijing that the world had stepped back from the brink, but still urgently needs more financial reforms.<o:p></o:p></span></div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><br />
</div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><span style="font-size: 12pt;">She said European leaders need to stay vigilant about debt, focus on steady implementation of financial measures and carefully watch the economic situation in Greece.<o:p></o:p></span></div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><br />
</div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><span style="font-size: 12pt;">Lagarde called China a bright spot in an uncertain global economy, and said the global economic situation might have been much worse except for the impetus that Beijing provides to growth and stability.<o:p></o:p></span></div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><br />
</div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><span style="font-size: 12pt;">She urged China to forge ahead by maintaining a prominent role in global policy discussion and by sustaining efforts to accelerate the transformation of the Chinese economy.<o:p></o:p></span></div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><br />
</div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><span style="font-size: 12pt;">During her visit, Lagarde met with Vice Premier Wang Qishan, People's Bank of China Governor Zhou Xiaochuan and other senior officials. --- VOA News<o:p></o:p></span></div></div>

IMF Chief Urges More Global Reforms, Praises China's Business

Christine Lagarde Christine Lagarde, managing director of the International Monetary Fund, ended a two-day visit to China Sunday, with ...

New York's Supreme Court closes Strauss-Kahn case

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<h4 class="lblue" style="color: rgb(72, 144, 194) !important; font-family: Georgia, Arial, sans-serif; margin-bottom: 5px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: center;"> <strong style="color: #010000; text-decoration: none;"><a href="http://en.rian.ru/trend/charges_strauss_kahn_2011/" style="color: #010000; text-decoration: none;">Sex attack charges against IMF chief</a></strong></h4><h4 class="lblue" style="color: rgb(72, 144, 194) !important; font-family: Georgia, Arial, sans-serif; margin-bottom: 5px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: center;"><br />
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</div><div><div class="MsoNormal" style="text-align: justify;"><a href="http://www.amazon.com/Flamme-Cendre-Dominique-Strauss-Kahn/dp/2246609917?ie=UTF8&tag=glob036-20&link_code=bil&camp=213689&creative=392969" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;" target="_blank"><img alt="La Flamme et la Cendre" height="320" src="http://ws.amazon.com/widgets/q?MarketPlace=US&ServiceVersion=20070822&ID=AsinImage&WS=1&Format=_SL160_&ASIN=2246609917&tag=glob036-20" width="198" /></a><span style="font-family: "Lucida Calligraphy"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;"><img alt="" border="0" height="1" src="http://www.assoc-amazon.com/e/ir?t=glob036-20&l=bil&camp=213689&creative=392969&o=1&a=2246609917" style="border: none !important; margin: 0px !important; padding: 0px !important;" width="1" />NEW YORK<span>  </span>(RIA Novosti)- The Supreme Court of New York ruled Tuesday to close a criminal case against former IMF chief, Dominique Strauss-Kahn, charged with sexual assault on a hotel maid.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Lucida Calligraphy"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">The case against Strauss-Kahn was opened on May 14 after 32-year-old maid Nafissatou Diallo alleged that the man had assaulted her sexually at the Sofitel New York Hotel.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Lucida Calligraphy"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;"><br />
</span></div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Lucida Calligraphy"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">Strauss-Kahn, 62, pleaded not guilty and said any sexual contact had been with mutual consent.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Lucida Calligraphy"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">The case was closed after prosecutors had filed papers to drop all the charges against Strauss-Kahn, citing the alleged victim's lack of credibility. Diallo later admitted lying to a grand jury about the events surrounding the alleged attack.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Lucida Calligraphy"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">After spending a few days in prison upon his arrest, Strauss-Kahn was released on a $1 million bail and put under house arrest.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Lucida Calligraphy"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">In early July, prosecutors said Diallo had lied to the authorities when obtaining refugee status, and also lied to tax and social security officials and to the grand jury after taking an oath.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Lucida Calligraphy"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">The judge intended to close the case, but Diallo's lawyers said they had proof of Strauss-Kahn's guilt.<o:p></o:p></span></div></div></div>

New York's Supreme Court closes Strauss-Kahn case

Sex attack charges against IMF chief NEW YORK (RIA Novosti)- The Supreme Court of New York ruled Tuesday to close a criminal case ag...