Articles

When the Powerful Abuse the Powerless

Everywhere you look, there are betrayals of trust. Dominique Strauss-Kahn betrayed the nations that make up the International Monetary Fund with his behavior...

In the Hole.

Government debt levels have spiked since the global financial crisis. But not all debt is created equal. Eighty percent of the debt of Portugal, recently bailed...

Sarkozy vs. Strauss-Kahn: Sex as a Weapon?

Nicolas Sarkozy and Dominique Stauss-Kahn were never friends -- one conservative, the other Socialist, their political ambitions setting them on a collision...

Cherchez Les Femmes

The resentment--indeed, the rage--was a long time in coming. Yet no one in France was quite prepared for the wave of female anger that crested and broke in the...

Good Start

For a taste of how Thailand is coping during these recessionary times, step inside the IMF Kitchen. Dechatorn Henchaichone, an idle construction contractor (no...

Portugal Avoids a Bailout — but for How Long?

After a lull over the Christmas and New Year period, the euro zone is back to where it was for much of 2010: buffeted by markets and staggering from one crisis...

Carlos Andrés Pérez

Before the recent rise of the Latin left, South American countries were led by men like Carlos Andrés Pérez, who equated good governance with the country's...

Irish Austerity: Can the Gov't Last the Course?

A cold sleet falls upon Donegal, in the northwest of Ireland, as people prepare for a byelection that many see as a predictor for how the rest of the nation will...

The Blame-China Game.

With economic activity in the U.S. flatlining and the creditworthiness of European nations still at issue, you'd expect that the annual meeting of the...

Greece's Painful Road to Economic Recovery

This story has been updated. It's hard to be an optimist in Greece these days, but Prime Minister George Papandreou is trying. In a major speech on Saturday in...

The Euro Hero: Dominique Strauss-Kahn

Discussions on Chinese economic relations are hardly a magnet for paparazzi — unless, of course, they include a star speaker. So when France's Finance Ministry...

Greece's Rescue Package: Will the Bailout Work?

When Greek Prime Minister George Papandreou succumbed to the inevitable last week, calling on the International Monetary Fund (IMF) and the euro zone to activate...

Risk Inverse.

The unfolding drama of the Greek economy has roiled markets and awakened fears of global economic calamity that had been dormant for more than a year. The $1...