International Monetary Fund

Shares in British banks were up on the FTSE 100 in morning trading following Greece's apparent decision to embark on severe austerity measures.

Greek police fired teargas and battled masked demonstrators as they attacked the finance ministry on Wednesday after lawmakers passed the first of two austerity bills demanded by international lenders.

Shares in British banks were up on the FTSE 100 in morning trading as Greece looked set to pass a series of austerity measures aimed at preventing a default.

Shares in British banks were broadly up on the FTSE 100 in morning trading after France promised action aimed at putting off a Greek default.

Shares in British banks were broadly up on the FTSE 100 in morning trading despite the ongoing debt crisis in Greece.

Shares in British banks were up on the FTSE 100 in morning trading as concerns about the eurozone and Chinese economies were eased.

The strange cases of Geert Wilders, John Galliano, Dominique Strauss Kahn and Roman Polanski seem to suggest that to the modern media and political establishment, racism is a more serious crime than rape.

When comparing the public support that Dominique Strauss-Kahn or Roman Polanski enjoyed, with the backlash that designer John Galliano and Dutch politician Geert Wilders suffered, it appears that committing a sex offence is less shocking that proffering verbal attacks.

US President Barack Obama is expected to use a prime-time TV address to unveil plans for an initial withdrawal of thousands of US troops from Afghanistan.

The Greek economic crisis may affect the Eurozone first, with France and Germany set to lose a vast amount of money if Greece defaults, but there will be considerable damage done to the United Kingdom as well.

In an article published on Monday, the New York Times reveals, after talking directly to the Taliban fighters, that many still blocks remain in the reconciliation process.

The leaders of Germany and France have agreed that private creditors should participate in a new rescue programme for Greece by voluntarily agreeing to roll over their holdings of Greek government bonds.

A report from the U.S. Department of Homeland Security has revealed that Software systems used by China to run its weapons, utilities and chemical plants systems suffer from an inherent bug, leaving them vulnerable to hacker's cyber attacks.

There is a growing fear in Paris that France is on the verge of a credit downgrade because of its exposure to Greek debt

Greece has been pushed ever closer to the harsh reality of default after Wednesday's general strike all but shut the country down. The strikes have closed schools, central and local government offices around the country, while hospitals were operating on skeleton staff. Port and public transport services were disrupted, while a walkout by journalists forced most morning news programming off the air.

Greece has become the lowest rated country in the world, falling behind nations such as Jamaica and Grenada after Standard and Poor's cut the country's rating by three notches. Greece now has a credit rating of CCC, down from its rating of B and it is expected to be reduced further. There is now growing frustration in Europe over the efforts being made by the Greek government with a default the most likely outcome.

The hacker group LulzSec, which has claimed responsibility for several high-publicity attacks on Sony, Nintendo and even the NHS, yesterday posted a message on its website claiming responsibility for a new successful cyber attack on the U.S. Senate.

Since Sony's PlayStation Network outage, numerous games companies have fallen victim to successful cyber attacks, most recently Nintendo and Epic Games have joined the growing cyber-victims club, leading to fresh speculation about which company will be targeted next.

A recent comment from an unnamed security expert to Bloomberg has indicated that like the recent attempt on Google's Gmail service, the recently revealed cyber attack on the International Monetary Fund (IMF) could have been state sponsored.

In the wake of Citibank's admission of a security breach on its network, the International Monetary Fund (IMF) has since confirmed that it too has been the target of a sophisticated cyber attack perpetrated by an as yet unknown group of hackers or hacker.

The former head of the International Monetary Fund, Dominique Strauss-Kahn, has appeared in a New York court where he faces charges of sexual assault, unlawful imprisonment and attempting to rape a hotel maid last month. He was arrested by the New York police while boarding an Air France plane that was about to take off for Paris.

Shares in British banks were up on the FTSE 100 in morning trading as talks on a second Greek bailout look set to be concluded tomorrow.

Democracy has in the last few months seen its popularity soar in all corners of the planet. With Egypt and Tunisia both managing to chase their dictators out of town and Gaddafi still insisting that Libya is the only democratic country on the planet, masses and leaders alike have been fighting to grab a piece of the democratic pie. Last week it was the turn of rising giant China to take us all by surprise as the country made a push for democracy...in the IMF.

G8 countries which include leaders from brings together the French president, Nicolas Sarkozy, with the leaders of the US, Britain, Germany, Japan, Russia, Canada and Italy have today come up with a pledge of £12bn in aid, loans and debt relief in an attempt to support and enhance pro-democratic regimes in the region. While the full details of the package are yet unknown, the money will come from international financial institutions and members of the G8.Both the leaders of Egypt and Tunisi...

France, which currently holds the rotating presidency for the Group of Eight and the G20 is hosting the annual G8 summit in Deauville on May 26 and 27. The meeting is due to focus on issues including the global economy, political and security issues such as drug trafficking and terrorism, exiting from Afghanistan, Iran's nuclear program, the Middle East and North Africa and Internet governance. Following the March 11 Japanese earthquake and tsunami that damaged the Fukushima nuclear plant, n...

Following the resignation of its Managing Director Dominique Strauss-Kahnafter his arrest for sexual assault last week in New York, the International Monetary Fund is now without a leader.In the next one to two month the international financial organisation has to appoint Strauss-Kahn replacement. The race is on to find a replacement and while Europe has claimed the need for a European to be appointed, due to the difficult financial crisis affecting many of its member states, China, Russi...

Peter Mandelson has emerged as an unexpected outsider for the managing director job at the IMF following the resignation of Dominique Strauss-Kahn over sexual assault charges and Chinese recommendation

Barack Obama’s widely anticipated speech will see him try to rehabilitate the image of the US in the Middle East by repositioning the country as a solid supporter of newly-emerging Arab democracies. His speech comes amid criticism that the US has been too slow to support the uprisings, and has adopted contradictory approaches in its dealings with different countries.

Rape, while not a pleasant topic for civilised society to talk about, is all over the news this week.

Eurozone financial ministers are to continue their talks in Brussels, with discussions now expected to focus mainly on the poor state of the crumbling Greek economy. Greece got a 110bn euro (£94bn) bail-out in 2010, but leaders are now coming to the realisation that this was not enough to fix the county’s economy. Greece however is not the only European country in trouble since on Monday ministers approved a 78bn euro bail-out for Portugal while the IMF has also approved 1.58bn euros in new assi...