IMF chief resigns, debate on successor heats up


NEW YORK (Reuters) - Dominique Strauss-Kahn resigned as head of the IMF, saying he needs all his energy to fight charges that he sexually assaulted a hotel maid, prompting an immediate political tug-of-war over his job on Thursday.

Strauss-Kahn's arrest in New York on Saturday dashed his prospects of running for the French presidency in 2012 and sparked debate over the 65-year-old tradition that a European is appointed as head of the Washington-based global lender.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Spain's Sanchez suspends public duties to 'reflect' on future
How streaming is boosting esports
Brazil's government submits rules to streamline consumption taxes
Roundup: U.S. crude supplies down, other petroleum data mixed
U.S. oil imports, exports up last week
Algeria, Tunisia, Libya agree to manage shared groundwater in Sahara
U.S. crude oil production unchanged last week
Ford Q1 net income drops
Spanish PM Sanchez shocks country again putting his continuity on the line
U.S. researchers reveal potential treatment pathway for neurodevelopmental disorder

Others Also Read