The objective of the policy package is to cushion the effects of the sharp drop in private capital inflowsIMF to extend aid to Romania Mar 25, 2009
What I think is needed is a European Resolution Authority, armed with the mandate and the tools to deal cost-effectively with failing cross-border banksIMF head calls for European bank plan Mar 19, 2010
This makes for the biggest reform ever in the governance of the institutionEurope to lose some clout at IMF Oct 25, 2010
Having some money coming from the financial sector to create a kind of fund for insurance or funding for low-income countries is something that we are going to considerIMF considers tax on financial sector Oct 03, 2009
In this modern globalized world, it no longer makes sense for global economic policy to be the concern of just a small group of countriesIMF chief calls for reshaped global order Oct 07, 2009
Dominique Gaston André Strauss-Kahn (French pronunciation: ; born 25 April 1949), often referred to in the media or by himself as DSK, is a French economist, lawyer, politician, and member of the French Socialist Party (PS). Strauss-Kahn became the Managing Director of the International Monetary Fund (IMF) on 28 September 2007, with the backing of his country's president, Nicolas Sarkozy, and served in that role until his resignation on 18 May 2011.
He is a professor of economics at the Paris Institute for Political Studies ("Sciences Po"). Strauss-Kahn was Minister of Economy and Finance from 1997 to 1999 as part of Lionel Jospin's "Plural Left" government. He belongs to the right wing of the PS (which is on the center-left of French politics) and sought the nomination in the primaries to the Socialist presidential candidacy for the 2007 election, but he was defeated by Ségolène Royal in November 2006.
In May 2011, Strauss-Kahn was arrested in New York City and charged with the sexual assault of a housekeeper who entered his Sofitel hotel suite, but all charges were later dismissed at the request of the prosecution. Strauss-Kahn entered a plea of not guilty, and denied all charges. The New York District Attorney moved to withdraw the charges on 22 August 2011, due to the unreliability of the complainant and inconclusive physical evidence, and the court agreed.