Man in the News: Dominique Strauss-Kahn

Success at the International Monetary Fund may have given its chief a path to the Elysée. But is he prepared to make the leap?
Sweeping spending cuts and tax increases will be required across the industrialised world over the next decade to bring public finances under control following the economic crisis, the International Monetary Fund warned
Fund says such efforts usually ineffective
Plan to raise more funds on capital markets
Strauss-Kahn ‘worried’ by wage rises
Fund expects 5.8 per cent GDP rise next year
Interactive Feature: Global leaders met in Washington to discuss reform of the global financial system. We take a detailed look at one of the most important components of that system, the IMF

World economy: An FT guide to causes and effects as a daunting, near-global recession takes hold

Success at the International Monetary Fund may have given its chief a path to the Elysée. But is he prepared to make the leap?
The fund is being told ‘to speak truth to power’. It must be given the resources and the leadership it needs. Then governments must also be willing to listen
Telling truth to power takes courage, for which the IMF has not always been known. It must keep displaying its new-found boldness
It is time to devise a new architecture for the global economic order geared to the challenges of the 21st century, writes Timothy Adams and Arrigo Sadun

The largest economies have made the fundamental decision to prevent bankruptcy. but this is only the first step on the long road to financial health. Those who hope for a swift return to what they thought normal two years ago are deluded, writes Martin Wolf
To restore lending the authorities must separate strong banks from the weak, recapitalising institutions that need support. A European stress test would show which banks are solvent
The IMF estimates that the financial sector has lost $4,050bn globally, a figure that shows we have no idea what the losses will eventually be – but that governments must prepare for the worst
The fund’s star is ascendent since the G20 tripled its resources earlier this month, but it refuses to shine a hopeful light on the world
What the weekend EU summit delivered were important agreements to reinforce the safety nets for those countries facing credit and currency crises, plus a timetable for agreeing new regulation
The International Monetary Fund needed the promised funds – now its main headache is who to give it all to
Countries from the Baltic to the Black Sea have been some of the main beneficiaries of cheap money. Now they may be some of the biggest losers