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The images of Dominique Strauss-Kahn in handcuffs have circled the globe, but they are particularly disturbing to the French. Photo by EPA/BGNES
Following is a statement from the International Monetary Fund regarding Managing Director Dominique Strauss Kahn's resignation:
Mr. Dominique Strauss-Kahn today informed the Executive Board of the International Monetary Fund (IMF) of his intention to resign as Managing Director with immediate effect. Mr. Strauss-Kahn made the following statement in a formal letter of resignation to the Board: Ladies and Gentlemen of the Board: It is with infinite sadness that I feel compelled today to present to the Executive Board my resignation from my post of Managing Director of the IMF. I think at this time first of my wife-whom I love more than anything-of my children, of my family, of my friends. I think also of my colleagues at the Fund; together we have accomplished such great things over the last three years and more. To all, I want to say that I deny with the greatest possible firmness all of the allegations that have been made against me. I want to protect this institution which I have served with honor and devotion, and especially-especially-I want to devote all my strength, all my time, and all my energy to proving my innocence. Dominique Strauss-Kahn The Fund will communicate in the near future on the Executive Board's process of selecting a new Managing Director. Meanwhile, Mr. John Lipsky remains Acting Managing Director.
The head of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the ongoing war in the Middle East is expected to push inflation higher while simultaneously slowing global economic growth
France’s municipal elections delivered a mixed verdict for the country’s political landscape on Sunday, offering an early view of the balance ahead of the 2027 presidential race
The International Monetary Fund (IMF) has urged governments to prepare for potentially unprecedented economic challenges as the conflict in the Middle East escalates.
French President Emmanuel Macron delivered a keynote address on France’s nuclear strategy from a military base hosting the country’s ballistic missile submarines, outlining a significant update to the nation’s deterrence doctrine
A 37-year-old Syrian citizen has been sentenced to four years in prison following a conviction for committing acts intended to satisfy sexual desire without intercourse and for extorting BGN 50, according to the Sofia District Prosecution Office.
According to POLITICO, the long-delayed Future Combat Air System (FCAS) being developed by France, Germany and Spain is now widely seen by officials in Paris and Berlin as nearing its end.
NEW POLL: HUNGARIANS UNITED ON NEED FOR A ‘DIFFERENT’ RELATIONSHIP WITH THE EU, BUT DIVERGENCES REMAIN ON UKRAINE
The Kremlin has announced that Russian President Vladimir Putin has ordered an “Easter ceasefire” in the war in Ukraine, declaring a temporary halt in hostilities lasting around 36 hours
A group of Members of the European Parliament has raised concerns over the potential leakage of confidential EU information to Russia, urging stronger safeguards within the European Parliament
Moldovan President Maia Sandu has formally enacted legislation withdrawing the country from the Commonwealth of Independent States (CIS), marking a decisive step in Chisinau’s gradual disengagement from Russian-led structures
The European Public Prosecutor’s Office (EPPO) has carried out a series of coordinated investigative actions across several countries, including Bulgaria and Romania, as part of a probe into suspected large-scale fraud involving EU funds
A fragile ceasefire between the United States and Iran has coincided with escalating tensions over the Strait of Hormuz, where Iran has moved to tighten control over one of the world’s most critical maritime routes
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began
