Ex-IMF chief files $1-million countersuit

Disgraced former IMF chief Dominique Strauss-Khan has filed a $1- million countersuit against a hotel maid who accused him of sexual assault, citing that her allegations a year ago had cost him a......

IMF cautious about global economic recovery

Acknowledging that the global economy appears to be emerging from the worst financial and economic crisis in the post-war period, the International Monetary Fund managing director, Dominique......

Worst over but recovery still fragile: World Bank

The World Bank on Thursday projected that the global economy is likely to grow at a rate of 2.7 per cent in 2010, but warned that the economic recovery is still fragile. It also added that the......