- China CPI may Rise up to 5.5.Pct in May
25 institutions surveyed by WIND are anticipating an average of 5.4 percent increase in CPI this month, while some predicted that the reading may hit a 34-month high of 5.5 percent.
- BRIC Nations Slam Europe's Dominance over IMF Top Job
Brazil, Russia, India, China and South Africa, known as the BRICs, called for “a truly transparent, merit-based and competitive process” for the selection of next IMF chief, in a rare statement acting as a whole dated Tuesday.
- IMF Managing Director Strauss-Kahn Resigns
Dominique Strauss-Kahn resigned as head of the International Monetary Fund after being charged on alleged sexual assault of a hotel maid in New York, the agency said in a statement Thursday.
- IMF Chief’s Mysterious Arrest Raises Suspicions
The abrupt arrest of Dominique Strauss-Kahn, head of the International Monetary Fund, has raised various suspicions at a critical juncture of the restructuring of debt in Greek, considering the huge stock of global forex market.