The board of the IMF expressed its confidence in Managing Director Christine Lagarde after the launch of a French inquiry into alleged abuses of power. Ms. Lagarde took over the IMF in 2011 and her office denies any wrongdoing. In 2007, Lagarde was involved in a dispute with French businessman Bernard Tapie and the bank […]
Read MoreThe United States military has sent two nuclear capable B-2 bombers on a training mission to the Republic of Korea (RoK) amid threats from Pyongyang of an imminent nuclear war. In an official announcement, the United States armed forces reported that they flew two stealth bombers from United States bases in Japan to drop munitions […]
Read MoreThe Conclave has declared a new Pope, signaled by white smoke rising from the Sistine Chapel. Argentine Cardinal Jorge Maria Bergoglio chooses the regnal name Francis I as he assumes the papacy in Rome. The Argentinean has spent his entire ministry in Argentina and is known for his soft spoken, pastoral style. Francis I succeeds […]
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