The Great Debate

DSK saga is not just a French thing

By Maureen Tkacik
May 18, 2011

By Maureen Tkacik

Whatever transpired in Suite 2806 of the Midtown Sofitel early Saturday afternoon, it seems clearer with each passing hour that being accused of sexual assault is far from a “Black Swan” event in the life of DSK. In 2007, the journalist Tristane Banon told a TV talk show host he had wrestled her to the ground and torn off her clothes during an interview a few years earlier; the talk show host in turn allowed that he knew “fourteen” separate women with similar tales. DSK’s name was eventually edited out of the broadcast for largely legal reasons, but it surfaced the next year when the IMF was forced to launch an investigation into his affair with a subordinate.

Strauss-Kahn allegations are consequential for the global economy

By Mohamed El-Erian
May 16, 2011

By Mohamed A. El-Erian
The opinions expressed are his own.

This weekend’s detention of the IMF’s chief on allegations of sexual assault has implications that go well beyond the impact on Dominique Strauss-Kahn’s (or, as he is commonly known, DSK) international prestige. They could also impact the IMF, France, market uncertainty and the well-being of the global economy.

Strauss-Kahn scandal: presidential hopes are all but dead

By Guest Contributor
May 16, 2011



By Henri Gibier
The opinions expressed are his own.

PARIS — It took only a few minutes, Saturday afternoon in a hotel in Manhattan, for Dominique Strauss-Kahn’s career to be tainted by scandal. The inquiry into the allegations made against the IMF head has only just begun, but the damage inflicted to his image and reputation has already reached the point of no return. Strauss-Kahn may proclaim his innocence, and his supporters may speak of an international conspiracy – certainly their positions should be given as much attention as that of his accuser – but the damage has already been done. And the damage is obviously considerable.

What to expect from the IMF, World Bank meetings

By Ian Bremmer
April 14, 2011

By Ian Bremmer
The opinions expressed are his own.

The IMF and World Bank meet this week at a delicate moment for the global economic recovery. First, the good news: Expectations for success won’t be tough to manage, because turmoil in the Arab world, the triple disaster in Japan, and Europe’s ongoing struggles have kept the meetings from grabbing much public attention. That’s a good thing, because as capital and liquidity return to the global economy and as emerging market powers begin to assert themselves with greater confidence on the international stage, the IMF and World Bank have lost some of their prominence.

from James Saft:

Icelandic mulishness wins the day

December 9, 2010

Iceland's remarkable return to growth shows once again that in this crisis the best policy is often the one that will make international partners most angry.

Taxing spoils of the financial sector

April 22, 2010

If you want less of something, tax it.

That truism is often used as an argument against a tax on profits, or health benefits, or employment, but in the case of the rents extracted from the economy by the financial services industry here’s hoping it proves more of a promise than a threat.

The global economy, films and natural disasters

October 6, 2009

gerard-lyons— Dr. Gerard Lyons is chief economist and group head of global research at Standard Chartered Bank. The views expressed are his own. —

From three films to three natural events

Don’t cry for the dollar, yet

September 18, 2009

agnes1— Agnes T. Crane is a Reuters columnist. The views expressed are her own —

It looks bad for the dollar, but looks can be deceiving.

Its sharp decline in the last week has pushed the euro to its highest level in a year and reignited fears that there’s only one place for the dollar to go, and that’s down.

from The Great Debate UK:

G8 signals end to dollar supremacy

July 3, 2009

john_kemp- John Kemp is a Reuters columnist. The views expressed are his own. -

Reports that China has asked for a discussion about reserve currencies at next week's expanded Group of Eight summit in Italy has added to confusion about whether the country wants to dethrone the dollar from its status as the world's sole reserve currency. But the very fact the issue has been pushed onto the agenda suggests that a fundamental shift is underway.

What Asia needs from the G20 meeting

March 31, 2009

stanchartJaspal Bindra is Chief Executive, Asia, for Standard Chartered Bank. The views expressed are his own.