Tuesday 17 May 2011

22. I.M.F. Chief May Claim Consensual Sex as a Defense

As Dominique Strauss-Kahn,the managing director of the International Money Fund, spent his first full day on Rikers Island, the hotel housekeeper who accused him of sexual assault was struggling with what her lawyer said was a life upended by the case. The woman, 32, a widowed immigrant from Guinea who was granted asylum seven years ago, has not been publicly identified and has made no public statements about what prosecutors have charged was an attack by Mr. Strauss-Kahn, a 62-year-old Frenchman, as she prepared to clean his hotel room on Saturday.



First of all, this incident will for the IMF to bring a lot of uncertainty. Kahn Mired trouble may accelerate the IMF reforms. Unless he soon clear his name, otherwise the IMF will quickly launch new leader. Although successor unlikely from Europe debt crisis immediately problem, but the new President out (even the europeans) will be a crisis after the leaders. Era this kind of thinking mode are likely to make the IMF to poorer countries common undervalued exchange rate and capital control measures, and more tolerant to try to evade the excessive debt and reform not thoroughly richer countries is more severe. Outside originally expected kahn will resign from the IMF chief duties to the French presidency, the parties have just europeans whether can keep arguing over presidency. In Brazil, China, India and Russia will enter to the international monetary fund group among top 10 shareholders, therefore, these countries recently have repeatedly called for emerging market countries should master greater discourse. Secondly, the IMF is Europe debt crisis in solving the efforts, Kahn incident may weaken the productive activities. The European Union in kahn is finance ministers in Brussels, seeking approval for the EU and the IMF provided for Portugal to 780 million euros aid plan, and to discuss further aid Greece measures. This is all Kahn turned out to be the discussion, in their position determines his in help solve Greece, Ireland and Portugal in the process of financial crisis key figures. The French international radio quoted analysts words, European leaders meet no opposition, the IMF, and gets stuck and as the French Kahn could play the role of stability. If oliver Kahn is leaving, will affect the eurozone's decision, eurozone economic recovery will slow. The guardian. Kahn was arrested, caused the IMF leadership vacuum in the euro-zone debt investors will aggravate the crisis conditions worries, and probably lead to European stocks vibrations substantially.



http://www.nytimes.com/2011/05/18/nyregion/strauss-kahn-may-claim-consensual-sex-as-defense.html?hp

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