New Head of IMF to be Chosen

[Ahmad Abdullah Ravian]

hina backs French Finance Minister Christine Lagarde as a candidate to head the International Monetary Fund, the French government's spokesman, Francois Baroin, said Tuesday. "A European consensus is being elaborated. We must have a European. The Chinese are favorable to the appointment of Christine Lagarde," Mr. Baroin told French radio Europe 1. "Given circumstances and the fact that there is no national pride in this matter, France doesn't have to position itself first." Mr. Baroin, who is also French Budget Minister, added that the French government doesn't want to make any gesture that may be interpreted as "contemptuous" or "arrogant" toward emerging countries. IMF member countries have to appoint a new managing director to replace Dominique Strauss-Kahn, who resigned last week amid allegations he sexually assaulted a maid at a hotel in New York. He was indicted Thursday. European countries are expected to support a European candidate, with Ms. Lagarde the likely contender if she decides to run. But several developing countries have said they would rather see a non-European holding the top job at the IMF.

 

[Ramander#]

this time it should be someone from Asia.

 

[Ahmad Abdullah Ravian]

this time it should be someone from Asia.

A china Citizen or a Malyshian will do

 

[Bail_Gadi_Driver]

no one is there enough good in Pakistan for this post?????

 

[Ramander#]

no one is there enough good in Pakistan for this post?????

Bail Gadi wale bhaya, I think an indian head of IMF will benefit Asia..
your take??

 

[Varad]

this time it should be someone from Asia.

I think India is fielding Montek Ahluwalia for the post.

 

[Skull and Bones]

I think India is fielding Montek Ahluwalia for the post.

He opted himself out of this competition.

 

[indushek]

He opted himself out of this competition.

Good i don't know why but this guy always seemed to me to be a politician rather than an economist. When did this happen anyway??