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It is confirmed that Dominique Strauss-Kahn has announced his resignation from as the International Monetary Fund (IMF) Chariman. He is amidst sexual assault charges and a growing pressure of doubt in his ability to run the organization. A resignation letter from Strauss-Kahn to the IMF board described his denial to the allegations and hopes of protecting the institution.

President Barack Obama promised to support democracy in nascent revolutions in the Middle East on Friday, saying he would push for billions of dollars in financial incentives for Egypt and Tunisia on Thursday in the wake of uprisings across the region in recent months.

In his wide-ranging speech on his vision for the Middle East, U.S. Barack Obama said the map of Israel and Palestine should adhere to the borders that existed prior to the Six-Day War of 1967.

Amidst the political upheavals in the Middle east and North Africa, the U.S. is expanding its military and defense relations with Saudi Arabia on a grand scale, according to media reports.

New York City avoided the major cuts in the counter-terrorism grants, while 32 cities are eliminated.

The Syrian regime of President Bashar al-Assad has condemned sanctions imposed on the country by the President of the United States, according to Syrian state media, SANA.

In his much anticipated Middle East speech, President Barack Obama gave Syrian President Bashar al-Assad two choices: Lead the transition toward democracy, or get out of the way.

Here is the White House text of President Barack Obama‘s speech on the Middle East, as prepared for delivery.

Cornel West, the Princeton Professor who strongly supported President Barack Obama on the campaign trail in 2008, has already previously expressed his disillusionment with what he says is the Obama administration's neglect of the poor and working class people in the United States while supporting the leaders of the nation's financial system.

John Lipsky—Acting Managing Director, International Monetary Fund delivered the following speech at Annual Meeting of the Bretton Woods Committee on May 19, 2011.

The Japan National Tourist organization said Thursday that the number of foreigners visiting Japan has declined 62 percent in April, the largest decline on record.

Arnold Schwarzenegger has admitted that he impregnated a member of his household staff 10 years ago, while married to Maria Shriver and before running for California governor.

After the resignation of Dominique Strauss Khan following an arrest for sexual assault, the next question is who will be the next person to lead the International Monetary Fund, responsible for reducing poverty and promoting stability and sustainable economic growth around the world?

Battling all objections from Iraq, the first film adaptation of controversial author Salman Rushdie's “Booker of Bookers novel Midnight's Children has finished shooting in Sri Lanka.

Dominique Strauss-Kahn, the disgraced former chief of the International Monetary Fund (IMF) now facing sexual assault charges, was a frequent customer of a notorious Manhattan escort service, according to reports.

These vivid color photos from the Great Depression and World War II capture an era generally seen only in black-and-white. Photographers working for the United States Farm Security Administration (FSA) and later the Office of War Information (OWI) created the images between 1939 and 1944.

The Afghan Taliban’s spring offensive against the state has taken another deadly turn, with the murder of at least 35 construction workers in an ambush in the eastern part of the country, according to reports.

The United Federation of Teachers, NAACP, and advocates sued the New York City Department of Education Wednesday. The lawsuit is against the city's plans to close 22 schools, and against charter schools from using those building spaces.

A radiation alarm went off at Tokyo Electric Power company’s (TEPCO) Fukushima power plant even before the March 11 earthquake and tsunami, which served as a contrary to earlier theories the reactors were damaged by the natural catastrophes.

Gordon Brown’s chances of taking over as boss of the International Monetary Fund (IMF), now that DSK has resigned, got even dimmer after UK Business Secretary Vince Cable indicated that Westminster would prefer from a Euro Zone nation as the new IMF chief.

Dominique Strauss-Kahn, the disgraced chief of IMF who resigned yesterday due to mounting international pressure, was looked upon as a great economist of all times. DSK, as he is popularly known, was all set to run for French Presidency next year in the banner of the Socialist Party.

German Chancellor Angela Merkel told BBC that she will back a European candidate to head the International Monetary Fund, following the resignation of Dominique Strauss-Kahn.

Ugandan opposition leader Kizza Besigye is under house arrest, as a new parliamentary session is set to open.

Vince Cable, the Liberal Democrat Business Secretary has given his fellow MP Chris Huhne support as police investigate allegations that Huhne asked his ex-wife to accept penalty points on his behalf.

Afghans protest against NATO raids for the second day in a row at Taloqan.

After the resignation of besieged chief Dominique Strauss-Kahn, China on Thursday has insisted for emerging nations to be selected in the top leadership of the International Monetary Fund, Economic Times reported on Thursday.

Tunisian authorities have lifted an overnight curfew imposed in the capital city of Tunis 10 days ago.

At least 24 people were killed and 80 injured in the northern Iraqi city of Kirkuk in three different bombing incidents on Thursday.

Dominique Strauss-Kahn, the managing director of International Monetary Fund, has resigned from his position following charges of alleged sexual assault of a New York hotel maid.