This morning Angela Merkel made clear that she wishes to see a European replace Dominique Strauss-Kahn at the helm of the IMF. “It is of course of great importance that we find a quick solution,” she added.
The German Chancellor carefully avoided any hints as to which of the various Europeans mooted for the IMF candidacy might receive …
Obama’s Cairo II: At 11:45am EST, President Obama will deliver his latest speech on the Mideast from the State Department. TIME and Global Spin’s Tony Karon writes that the Washington venue is important: “Obama’s Mideast ‘reset’ speech is not aimed primarily at the newly empowered Arab public; its primary audience is Washington, where the …
As jailed Frenchman Dominique Strauss-Kahn submitted his resignation as managing director of the International Monetary Fund (IMF), China quickly positioned itself as a possible beneficiary. On Thursday, Chinese state media wondered aloud whether the next IMF leader should be Chinese. One candidate bandied about by the official Chinese …
The last time I was in Ireland, the country teetered on the brink of bankruptcy. Its political leaders had already been written off as dead men walking (a little unfair to zombies, who are at least capable of inspiring fear if not respect), and its populace was mired in despair. Many Irish expressed the fear that their nation was heading …
Last week, a high-ranking International Monetary Fund official lectured a conference of Latin American central bankers in Rio de Janeiro, Brazil, about not letting their economic booms overheat into financial crises. It’s the sort of warning that any country should of course heed. But the IMF has lost a lot of clout in Latin America …
After the controversy of the first poll comes confirmation in the second. Just 48 hours after a Harris Interactive survey simulating voter intention for the first round of France’s 2012 presidential election found extreme-right leader Marine Le Pen finishing first, a second wave of polling not only reaffirms Le Pen’s domination of …
