NEW YORK — Handcuffed and haggard, International Monetary Fund chief Dominique Strauss-Kahn was escorted by detectives from a New York police station late Sunday in his first public appearance since being accused of trying to rape a hotel maid.
Strauss-Kahn, the early favorite in France's presidential election, was led by detectives to a waiting police sedan in front of a battery of television cameras.
Policy makers such as Brazilian Finance Minister Guido Mantega say the arrangement sacrifices merit to diplomatic deal- making and doesn’t recognize the growing economic clout of developing markets, which are set to grow at more than twice the pace of their developed counterparts this year. The arrest will give them added ammunition, said Eswar Prasad, a senior fellow at the Brookings Institution in Washington.
Replaced by his number two John Lipsky as acting International Monetary Fund chief as he battles to clear his name, Strauss-Kahn's arrest -- just as he was leaving to meet German Chancellor Angela Merkel -- saw the euro wobble badly before recovering in Asian trade.
"For a few days at least, the market will likely suspect leadership paralysis at the IMF," Gareth Berry, currency strategist at UBS, told Dow Jones Newswires.
"The euro has most to lose from this, given the IMF is now active or becoming active in three eurozone countries."
The IMF is pumping in one euro for every two put up by European Union governments in the three bailouts already agreed over the past year: 110 billion euros for Greece, 67.5 billion of international money for Ireland and 78 billion for Portugal, set for EU endorsement during talks carrying on into Tuesday.
The truth, and everyone knows it, is that Paris has buzzed for months if not years in the political and journalistic milieu about the rather pathological relationship that Mr. Strauss-Kahn maintains toward women.... Whatever happens, this is a reality that means the information of this morning did not make me fall from my chair." - Marine Le Pen, far right French presidential candidate and potential rival to Mr Strauss-Kahn.
New Easy ad campaign name for Godaddy is all about Domains & Hostings just ez2.me:Next time for Go Daddy.com: Easy to you just www.ez2.me
Look more Products from Go daddy just log on
No comments:
Post a Comment