the new boss, christine bedard, faces a -- christine legarde is being investigated. she denies any misconduct. >> among her first duties as managing director of the imf was several days of ethics training. it was to avoid the kind of problems that faced her predecessor. today was a decision by french judges will come as a disappointment. prosecutors allege that in 2008 she abused her position as finance minister. she approved a $400 million payment in compensation to this man to settle his claim that the former state-run bank had defaulted him in 1993 when he sold his stake in a sports company. a former left-wing minister, he had switched sides in 2007 to support nicolas sarkozy's campaign. oday, christine legarde's lawyers say she welcomes the opportunity to clear her name. >> she is perfectly calm about all of this. just because an investigation has been launched, does not mean she it should be worried. she is not worried in the least and neither am i.. knew she was facing this investigation when they appointed her. they still felt she was the best candidate. nonet

if they don't unify behind a single candidate it's going to be european and it's going to be christine legarde who's perfectly respectable but. if they don't unify behind a single candidate it's just not going to happen for elementary political reasons that aren't democracy or west versus east or anything else ok peter if i can go to you i think. the important point here is not actually about which countries have which votes and what do they represent because i think if we look at the reality of the situation as many of the candidates that are mentioned as coming from emerging markets are equally problematic in terms of how they would run the fund as you would think of most of europeans pretty quick christine legarde so if you're talking about a candidate who was educated at the university of chicago with a ph d. in orthodox macroeconomics which as we've seen from the last five years is based on theories which are completely flawed then we don't want that kind of person running an i.m.f. which needs to update its thinking and to update its policies into the twenty first century and if you look

investigation into possible misuse of public funds by the new international monetary fund chief christine legarde when she was france's finance minister she took over from dominic strauss kahn at the i.m.f. only last month after he stepped down from the post when he was charged with sexual assault in new york. coming up our documentary showing the showing how the republican has written from risen from conflict to become once again a holiday destination stay with us. ancient greeks and romans built that towns here they live side by side with local tribes in two thousand five hundred years ago. and the app has principality standish's in the eighth century and later became known as the app has king down. the modern day republican up cuz it covers an area of about nine thousand square kilometers of causes south is situated on the eastern coast of the black sea. the greater cook says mountain range towers in the republic's middle. it is a land where some tropics and lakes adjoining places. come on let's go locals remember it needs to well the tragic events in up causes modern history. through. eightee

investigation into possible misuse of public funds by the new international monetary fund chief christine legarde when she was prances finance minister she took over from dominic strauss kahn of the i.m.f. just last month after he stepped down from the post after being charged with sexual assault in new york. coming up our interview show spotlight today speaks with mikhail slip n shook chairman of the board of trustees of the lake baikal protection fund about the threats facing the world's biggest fresh water resources . for the full story we've got it for. the biggest issues get a human voice face to face with the news make a. fresh water lake by. thursday. just. to be ready. for the. program to protect police but what. is the chance. the world's deepest leak. but it may come to an end at any moment the factory spitting out water deadly chemicals strayed into the lake undermining its unique ecology the russian government has set a goal to help. again but. here's where private investments could help one of russia's richest man cares about by call and he's ready to pump in cash aid development and

if they don't unify behind a single candidate it's going to be european and it's going to be christine legarde who's perfectly respectable but. if they don't unify behind a single candidate and what do they represent because i think if we look at the reality of the situation as many of the candidates that are on the road but we might damage the instruments of course i'm in favor of growth but we want to make people happy of course i'm in favor of growth but what about inequality so what happens is that the dynamic to growth weakens and is undermined i think that's what's really come to the fore in the last few years and that's something i really worry about peter if i go to you also in london here you get what is serious example out there where the i.m.f. can wave the flag and say we did a good with this country or this situation. i think there's very few particular in the last thirty years or thirty five years and that's the problem because where the i.m.f. has been the most heavily involved have been the countries that have been the slackest of the weakest performers over the course of the l

ponzi scheme that's been in force for decades is crumbling and christine legarde is absolutely correct of course she took over from public trust on who's got some troubles here in new york city mabel got an interview with him later but let's go back to this exorbitant privilege because this is what. valerie this thing said as she referred to but this was under the charles de gaulle administration recall and this is the first time that america really went bankrupt big time on the global stage because in one nine hundred sixty nine charles de gaulle asked for the three hundred million dollars worth of gold that the u.s. technically bowed france due to the trade deficit and france sent a naval ship over here to new york to collect their gold and america had to give it to france had to give the three hundred million dollars gold shortly there after great and asked for their gold as well which was similarly about three hundred million dollars america went bankrupt basically they said no we closed the gold window we're we're not going to pay you what we owe you so this is this whole debt cei

this hour in front of an investigation is being done to international monetary fund the chief christine legarde it needs to allegations from when she was france's finance minister when she approved a huge payment to a friend of president nicolas sarkozy she did eyes any misconduct and there is no suggestion she profited personally attorney believes the investigation won't affect her role as. chief. family takes to continue the siege of the syrian port city of latakia forcing thousands of palestinian refugees from their care for days of shelling has claimed at least thirty lives and troops have been making house to house arrest officials and not reports gunboats joined troop. in the attempts to cross the uprising against president assad in un human rights council plans an urgent meeting on the syrian crackdown. and by the way i reporter is in syria at the moment one of the few foreign journalists there and you can read her understanding of what's happening on our twitter feed she has all the latest updates. it's. the. international olympic committee has been checking construction for the sochi t

french court has ordered an investigation into whether the new international monetary fund chief christine legarde has abused her power when she was france's finance minister she's being investigated for her intervention in two thousand and eight a commercial battle between a french tycoon and a former state owned bank and the approval of a payment of around three hundred million euros to a businessman the guard denies any misconduct she took over from dominic strauss kahn at the i.m.f. last month after he stepped down being charged with attempting to rape of a hotel worker in new york here go lane a professor of political science at paris west university says that the investigation is unlikely to affect the guard's job because of her political links . the debate about this case was going on in prisons before she was actually wanted before she replaced ross can she was appointed in spite of the pending court case the french president who is very close to this former minister of finance in france wanted to find somebody to speak to represent crowds and he's also involved in this and this case you k

chief over allegations she abused her power while finance minister in two thousand and eight christine legarde intervened in a commercial battle between a french tycoon and a form of the state to approve a payment of around three hundred million euros to the businessmen the guard denies misconduct she only took over from dominique strauss kahn of the i.m.f. last month after he was charged with attempting to rape a new york hotel maid or a professor of political science from paris west university befalls told me earlier that he believes investigation is unlikely to affect the guard's job because of her political views. but debate about this case was going on in products before she was actually wanted. she was appointed in spite of the. trend. president who is very close this foreman used to find it in front wanted to find somebody to speak to represent crowds and he's also involved in this in this case you know the reimbursement of public funds to tycoon a business tycoon who is one of his friends but i think both the best occasion would not go very far because the investigation i suppose would

chief over allegations he abused her power while finance minister in two thousand and eight christine legarde intervened in a commercial battle between a french tycoon in the formerly state own bank to approve a payment of around three hundred million euros to the business when they got the knives misconduct she only took over from the many trials can at the i.m.f. last month after he was charged with attempting to rape a new york hotel maid glare a professor of political science from paris west university on top a lot of the force and told me earlier that he believes the investigation is unlikely to affect the guards job because of her political ranks. but debate on this case was going on in france before she was actually wanted for. peace process can she was appointed in spite of the ending. of french president. formally used to find it in france wanted to find somebody to speak to represent and he's also involved in this in this case should have the green bus and could well be fun to type in a business tycoon who is one of his friends but i think they're both the best you should would not

international monetary fund chief over allegations that she abused her power whilst the finance minister christine legarde intervened in a commercial battle between a french tycoon and a formerly state owned bank to approve a payment to the businesswoman in two thousand and eight by god it denies misconduct surely took over from a dominant trust card at the i.m.f. last month after he was charged with attempting to rape a new york hotel maid. three senior nuclear officials have been fired in japan as the country struggles to cope with the consequences of its nuclear crisis the trade minister said they would be held responsible for mishandling the fukushima plant and its problems but also resign because of departmental mistakes and valid a major personnel overhaul radiation is still leaking from a fukushima nearly five months after the gobble earthquake and tsunami all there was detected earlier this week. china has arrested two thousand people and closed down about five thousand businesses in a major crackdown on illegal food additives after a wave of contamination scares the campaign was started in april

in terms of how they would run the fund as you would think of most of europeans particularly christine legarde so if you're talking about a candidate who's educated at the university of chicago with a ph d. in orthodox macroeconomics which as we've seen from the last five years is based on theories which are completely flawed and you don't want that kind of person running an i.m.f. which needs to update its thinking and to update its policies into the twenty first century and if you look at all the work that's been done across many countries looking at the development process you can see that there are many development trajectories and many development tracks which can use multiple policies and you talk about things like capital controls financial repression industrial policy all right gentlemen i'm going to jump in here daniel i'd like to. so you earlier we heard not only is it not a democratic and this has been debated on this program but what about its entire approach i mean the i.m.f. originated is something very different than what it's trying to do now i mean is it keeping up with the ti

western university in the falls thank you very much indeed for being with us here on our tonight christine legarde only took over from dominique strauss kahn at the i.m.f. last month after he was charged with attempting to rape a new york hotel maid one does wonder if there's a witch hunt against french politicians underway at the moment. well i don't think it's likely you know when she said the drug this case was well known to standing and everyone knew that she could be prosecuted. to domestic affairs and in spite of this everyone. the french president you look at least uses in some ways the bulk of it so i don't think it's a witch hunt it's just. you know choosing a person who was under a shadow precisely because of x. so if this case has been going on for some time what about the timing now or the significance of it all being under the spotlight once again and obviously a very sensitive time for the i.m.f. and the european economy but actually the debate to this case was going on in problems before she was actually wanted even before she placed ross can so it's nothing new when she was appoint