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Dominique Strauss-Kahn resigns as head of the IMF over attempted rape charges. A French journalist tells Channel 4 News he is seen as innocent until proven guilty in France.
The shock arrest of Dominique Strauss-Kahn has created “a political earthquake” in France and plunged the IMF into crisis. What are the implications for France and the world economy?
European Union finance minister are meeting today in Brussels in a bid to finalise the 85bn euro bailout for the Irish economy.
Our Economics Editor reports from Brussels on the negotiations over helping Ireland out of its economic crisis. But it looks as if they will wait for the arrival of George Osborne to clinch the deal.
The Taoiseach Brian Cowen has again denied that he has asked the EU for help to solve the Irish financial crisis. But Faisal Islam says the pressure is still on Dublin to accept support.
French trade unions launch a new wave of strikes and protest marches against President Nicolas Sarkozy’s unpopular pension reforms.
As French workers protest at their government’s plans to raise the retirement age, International Editor Lindsey Hilsum meets Finance Minister Christine Lagarde to ask what austerity measures are around the corner.
French workers take to the streets over pension reform but a bottle of champagne is on President Sarkozy holding his nerve says Lindsey Hilsum.
Unions say over two million people have turned out to protest against President Sarkozy’s pension reform bill, which will increase the minimum retirement age to 62.
Channel 4 News’s economics correspondent Faisal Islam believes Germany and France are ready to bail Greece out of its financial crisis.
About two years ago I met one of the top British bankers and asked for an opinion on Brown/Darling vs Cameron/Osborne. I was shocked to hear his scepticism about the Tory business policy versus the government. To be clear, this was Brown at his absolute peak, still ahead in the polls, just before Northern Rock…
Today the chancellor is going into the lion’s den to defend the bankers. Europe feels that Britain failed to regulate the City ‘casino’ properly, and helped stoke the financial disaster that caused the recession across Europe. The European Commission has come up with proposals that would give two continent-wide institutions the ultimate ability to regulate…
Jon Snow
Last night France’s finance minister talked to us on Channel 4 News. So did China’s ambassador to London. They were both in their individual ways impressive. They were both women too. In 2009, well into the 21st century, it is still rare to interview women, even on a programme as enlightened as ours!