Former IMF head Dominique Strauss-Kahn is being questioned by police as a suspect in a prostitution ring inquiry, according to the BBC.
The Bank of England's Monetary Policy Committee (MPC) has increased its quantitative easing programme by £50bn as it looks to shore up the UK's ailing economy.
IMF chief Christine Lagarde has ramped up the pressure on Greece's private creditors to put a better offer on the table as debt swap negotiations continue this week.
The International Monetary Fund (IMF) has cut forecasts for UK economic growth this year, warning GDP will grow by just 0.6% in 2012.