The former world finance chief accused of rape believed he was the target of a plot organised by Russian PM Vladimir Putin, it was claimed yesterday. A colleague said Dominique Strauss-Kahn told him the Russians wanted him fired as boss of the International Monetary Fund. And the 62-year-old Frenchman, facing charges of trying to rape a hotel maid in New York, accused France and Russia of hatching... 

Dominique Strauss-Kahn was pulled off an Air France flight by the NYPD. The head of the IMF has been charged with a criminal sexual act, attempted rape and unlawful imprisonment, following allegations made by a hotel maid in New York. Dominique Strauss-Kahn was taken into custody at JFK airport after being pulled from the first-class cabin of a flight to Paris just minutes before take-off. The 62-year-old... 

The International Monetary Fund has just dropped a bombshell, and nobody noticed. For the first time, the international organization has set a date for the moment when the “Age of America” will end and the U.S. economy will be overtaken by that of China. The Obama deficit tour The Wall Street Journal editorial page’s Steve Moore critiques the president’s speeches attacking Republican budget... 

The International Monetary Fund issued a report Thursday on a possible replacement for the dollar as the world’s reserve currency. The IMF said Special Drawing Rights, or SDRs, could help stabilize the global financial system. SDRs represent potential claims on the currencies of IMF members. They were created by the IMF in 1969 and can be converted into whatever currency a borrower requires... 

Luc Everaert The International Monetary Fund this morning released its latest review of the eurozone economy, a collection of 16 countries that, judging from the report’s conclusions, are becoming the continent’s new Brothers Grimm. Growth is slow — and at risk of getting slower because bank credit has dried up. The banks themselves are undercapitalized and far too dependent on government... 

TODAY THE FEDERAL RESERVE, America’s private central bank, began to ship billions of dollars to the central bankers of Europe in an attempt to stem the fall in the value of the euro created by Greece’s debt crisis. The total value of the deal could easily top $1 trillion according to experts. Americans — suffering from high unemployment and a tanking economy themselves — are expressing... 

Dominique Strauss-Kahn, the head of the International Monetary Fund, suggested Friday the organization might one day be called on to provide countries with a global reserve currency that would serve as an alternative to the U.S. dollar. “That day has not yet come, but I think it is intellectually healthy to explore these kinds of ideas now,” he said in a speech on the future mandate of... 

While Strauss-Kahn is enjoying the benefits of American citizenship, he is working to stab America in the back by wanting to end the US Dollar. Should we also mention that he was involved in a sex scandal? The imperative of greater global currency stability means the world can no longer rely, as it has done since the end of the gold standard, on a currency issued by a single country, the head of the... 

Recently, the U.S. Congress approved of the International Monetary Fund (IMF) selling 400 metric tons of its gold for around $13 billion. Something’s very fishy here. For starters, it’s not clear how much gold the IMF has and where it’s located. Last year, a rationale for the IMF selling its gold was that the IMF should be investing in financial securities with positive yields. But none of these... 

Lawmakers in Congress passed a 106-billion-dollar emergency bill to finance the wars in Afghanistan and Iraq, shore up efforts to fight swine flu, and fund US participation in the IMF. By a vote of 226 to 202, the House of Representatives approved a compromise version of the legislation, to reconcile differing House and Senate versions. The measure is to provide funds through September 30 — the...