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Strauss-Kahn Arrest May Reset French Presidential Race

Dominique Strauss-Kahn’s arrest on attempted-rape charges may reset France’s presidential election race, improving the odds for his Socialist Party challenger Francois Hollande and eliminating President Nicolas Sarkozy’s biggest rival.

Strauss-Kahn, who was charged yesterday with attempted rape and a criminal sex act on a New York hotel maid, was ordered held without bail by a judge in a Manhattan court today. Strauss-Kahn has denied the charges and will plead not guilty, his lawyer Benjamin Brafman has said.