10 Facts you should know
Dominique Strauss-Kahn is a French economist, lawyer, and politician
Strauss-Kahn is a former communist and member of the Socialist Party of France
In 2007, he became the Managing Director of the International Monetary Fund (IMF)
Strauss-Kahn has been arrested for attempted rape
The trial was held Monday, May 16th, 2011 in Manhattan
Strauss-Kahn was charged for attempting to rape his hotel maid on Saturday, May14th, 2011
Many European countries have always disliked Strauss-Kahn, but need the support of the IMF
Strauss-Kahn persevered and continued to help to bring these countries financial aid
Now that Strauss-Kahn is out of the picture, debt-choked European countries are undergoing difficult economic times
Some European countries fear that more powerful countries will enforce their hard-line policies (Germany in particular)
In my opinion Dominique Strauss-Kahn’s fall is harming multiple European countries. The defeat of the Managing Director of the International Monetary Fund will prove disastrous for the countries to which it provides financial stability. Debt-choked countries who rely on the IMF to provide the finances required to keep their economy stabilized will grieve over the arrest of Strauss-Kahn. Unfortunately his fall will take its toll on not only the IMF itself, but on the countries in which it is invested. Strauss-Kahn was not a popular figure in a number of European countries involved with the IMF, but his defeat means that those countries are in for a trying time; without Strauss-Kahn, these countries will easily be filtered into the ways of more powerful Euro countries (such as Germany). In conclusion, the detainment of Dominique Strauss-Kahn, although justified, will have a negative effect on European countries which are dependent on the IMF.
How did this issue start? | How should this issue be resolved? |
Dominique Strauss-Kahn should be tried in court and punished accordingly He should be fired as Managing Director of the IMF, and denied return Dominique Strauss-Kahn should make a public apology on behalf of the IMF to allow the worthy IGO to maintain its reputation, and save Europe from worsening its debt |