In the News

India seems willing to consider my IMF candidature: Lagarde (interview) - June 8

June 8, 2011

French Finance Minister Christine Lagarde is in India on the latest leg of a world tour aimed at offsetting opposition by emerging countries to her appointment as head of the International Monetary Fund (IMF).

Lagarde met top policy markers including Prime Minister Manmohan Singh, Finance Minister Pranab Mukherjee and Deputy Chairman of the Planning Commission Montek Singh Ahluwalia. In his post meeting address, Pranab Mukherjee clarified that India has not given any commitment to support Lagarde's candidature for the top job. ...

Click here to read the full article at MoneyControl.com.

Ban Ki-Moon's 2nd Term Bid - June 6

June 6, 2011

Ban Ki-Moon formally announced his bid for a second term this morning. The Secretary General told a gathering of congratulatory reporters at the United Nations that he had sent letters to members of the Security Council and the General Assembly to ”offer, humbly, myself in consideration for a second term as secretary general of the United Nations.” ...

Click here to read the full article at Global Memo.

IMF's Next Leader: Don't Rush This Choice (Opinion) - June 1

June 1, 2011 

The departure of Dominique Strauss-Kahn as head of the International Monetary Fund has presented the G20 group of advanced and emerging economies with an opportunity and a challenge as they vie to select a new leader.

It is a critical moment of transition because the emerging economies that have been in the shadows during most of the IMF’s existence will be dominant in the not-too-distant future. Thus, the openness of the selection process for a new IMF leader will be key not only to the future legitimacy of that institution but to the very notion of cooperative global economic management. ...

Secretary General Ka-who? A Peek at the U.N.'s High-flying Rumor Mill - May 11

May 11, 2011 

Let's face it -- there is a certain mystique surrounding the diplomatic cables released by WikiLeaks. You get the feeling that they give access to troves of privileged information straight from foreign dignitaries whose credibility is further bolstered by their exotic names and high-flying titles.

In reality, those movers-and-shakers sometimes have no idea what they are talking about. Take a look at this cable, marked "confidential": it recounts a June 25, 2006 meeting at the U.S. embassy in Dar es Salaam, Tanzania between U.S. officials and Yves Horent, at the time head of the European Commission humanitarian aid office. ...

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