The troubled managing director of the IMF Dominique Strauss-Kahn is facing increasing pressure from the organization to resign.
Strauss-Kahn was arrested last week on suspicion of sexually assaulting a maid in a New York hotel. He has denied the charges. US Treasury Secretary Timothy Geithner last night said Strauss-Kahn is not fit to run the IMF, the Telegraph reports. Dissent also came from within the IMF's own board, as one unnamed member said his resignation would be "ideal" and reports of competition for his job emerge. The IMF said it will be in contact with Strauss-Kahn in due course, but has not done so yet. Austrian finance minister Maria Fekter said: "Considering the situation, that bail was de...
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