Friday, May 20, 2011

THE RELEASE OF THE FORMER IMF CHAIRMAN MADE HEADLINES ON THE MEDIA IN BOTH THE USA AND IN EUROPE.

The release of the IMF former chairman Strauss Kahn came as a surprise early this morning and made headlines on the media in both the USA and in Europe, eventhough the verdict of guilty, or not guilty on charges for the attempted sexual assault has not been made public, except the penalty by fines in sums worth six million US dollars he has been subjected to for immediate payment in addition to the electronic surveillance and a twenty four hours escort guards for atleast the next two months. However, he denounced the charges and the penalties by fines in sums worth six million dollars as two much money that required an appeal, before the final session scheduled to take place in about two months. The IMF and the European Union reaction to the problem has been that of a sought for a replacement for the post of chairman of the (IMF) International Monetary Fund, which many countries such as the European Union countries, the USA, China, Brazil, India and the Nation at Sea have suggested their candidate nomination.

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