BERN, SWITZERLAND – The International Monetary Fund (IMF), in a preliminary report on Switzerland, said Monday 18 March that the country’s economic stability plan is working, and that it supports the continuing Swiss National Bank policy of capping the Swiss franc at euros 1.20. The IMF carried out its annual evaluation of Swiss fiscal and [...]
Argentina responds to IMF pressure at UN
September 26, 2012 by
GENEVA, SWITZERLAND – Argentina’s president Cristina Fernandez de Kirchner rejected criticism by the International Monetary Fund of her government’s presentation of economic statistics, saying the country would not submit to threats. The Argentinian leader spoke Tuesday 25 October at the United Nations General Assembly a day after IMF chief Christine Lagarde warned that Argentina could [...]
Spain, IMF deny bailout rumors
June 1, 2012 by
GENEVA, SWITZERLAND – The International Monetary Fund (IMF) and Spain have both denied that bailout plans are being discussed as the organization’s chief Christine Lagarde meets with the Spanish deputy prime minister Soraya Saenz de Santamaria met Thursday 31 May in Washington. Spain’s economy minister Luis de Guindos denied any discussions with the IMF of a rescue [...]
Swiss president, US attorney general discuss tax issues at IMF meeting
April 22, 2012 by
Switzerland to share seat with Poland, pledges additional $10 billion to IMF BERN, SWITZERLAND – Swiss President Eveline Widmer-Schlumpf and US Attorney General Eric Holder met on the fringes of a key International Monetary Fund (IMF) meeting in Washington 20-21 April. Bern’s statement was brief, noting that the two met “in order to discuss bilateral [...]
Strauss-Kahn charged with “aggravated pimping”
March 27, 2012 by
GENEVA, SWITZERLAND – Former IMF (international Monetary Fund) chief Dominique Strauss-Kahn was charged Monday evening 26 March with involvement in a prostitution ring in the northern French city of Lille. Investigating judges in a case known in France as the Carlton Affair accused Strauss-Kahn of “aggravated pimping”. He was required to pay a bail of [...]
Portugal passes muster for next funding round
February 28, 2012 by
Greeks bonds out as collateral GENEVA, SWITZERLAND – Portugal will get the nice euros 14 billion of the 78bn allotted to it as part of a european bailout package. The country’s spending cuts and ability to stay on target for reducing its debt were reviewed by a team that visited Monday, from the three agencies [...]
DSK, Tristane Banone, will have chance to face off in court
September 23, 2011 by
PARIS, FRANCE – The Parquet, or public prosecutor in Paris, has ordered Tristane Banone, 32-year-old journalist, and Dominique Strauss-Kahn to face each other in court, after hearing each in preliminary interviews. DSK, as he is popularly known, resigned as head of the International Monetary Fund while arrested in New York on charges (later dropped) of [...]
DSK release (Chappatte cartoon)
July 3, 2011 by
©2011 Chappatte, distributed by Globe Cartoon. More cartoons on Chappatte’s web site. Geneva-based Patrick Chappatte works for the International Herald Tribune, for Geneva newspaper Le Temps, and for NZZ am Sonntag. All cartoons reproduced with permission.
