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G20 commits to ensuring IMF has adequate resources: Draft

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G20 nations are committed to ensuring the International Monetary Fund has adequate resources to deal with the debt crisis, a draft statement from finance chiefs meeting in Paris said on Saturday.

The

U.S. rejects plan to strengthen IMF in euro zone crisis

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Proposals to double the size of the IMF as part of a broader international response to Europe's debt crisis ran into resistance from the United States and others, burying the idea for now and putting

IMF endorses RBI's monetary tightening policy

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Ahead of the credit policy review meeting of the Reserve Bank later this month, the International Monetary Fund (IMF) has supported the RBI's monetary tightening strategy for taming inflation.

"I

IMF warns global recession in 2012 'can't be ruled out'

IMF Europe director Antonio Borges warned on Wednesday that a global recession in 2012 'can't be ruled out', citing a possibility that 'activity will turn downwards'.

The IMF released its economic ou

Strauss-Kahn and rape bid accuser arrive at police station

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Former IMF chief Dominique Strauss-Kahn and the French writer who has accused him of a 2003 rape attempt, Tristane Banon, arrived on Thursday at a police station to be brought face to face.

An AFP jo

Strauss-Kahn asks NY court to dismiss maid's suit

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Dominique Strauss-Kahn claimed Monday he has diplomatic immunity and asked a New York court to dismiss a lawsuit filed by the hotel maid who says he sexually assaulted her.

Attorneys for the former I

IMF pledges action amid global concern on EU crisis

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The International Monetary Fund pledged firm collective action on Saturday as warnings surged from around the world over a possible European economic meltdown.

With calls for the European Union to mo

Strauss-Kahn to meet face-to-face with French rape accuser

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French prosecutors will set up a face-to-face confrontation between former IMF chief Dominique Strauss-Kahn and the young French writer who has accused him of attempted rape, lawyers said Friday.

Tri

IMF trims growth forecasts for India, China

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The International Monetary Fund (IMF) on Tuesday said it was trimming its forecasts of economic growth for India, China and other Asian developing economies due partly to slower growth in the rest of

Strauss-Kahn apologises to IMF staff: witness

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Former International Monetary Fund chief Dominique Strauss-Kahn on Monday apologized to staff at the Washington-based lender, a witness said, after being cleared of sexual assault charges.

Strauss-Ka

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