The United States is supporting French Finance Minister Christine Lagarde in her bid to be the next head of the International Monetary Fund. Russia also publicly endorsed her on Tuesday. In a note to journalists Tuesday, U.S. Treasury Secretary Timothy Geithner cited Lagarde’s “exceptional talent and broad experience.” Geithner also commended her rival for the […]
Washington Backs Lagarde To Head IMF
The United States is supporting French Finance Minister Christine Lagarde in her bid to be the next head of the International Monetary Fund. In a note to journalists Tuesday, U.S. Treasury Secretary Timothy Geithner cited Lagarde’s “exceptional talent and broad experience.” Geithner also commended her rival for the post, Mexican central bank chief Agustin Carstens […]
Mexican IMF Candidate Takes Campaign to China
Mexican central bank Governor Agustin Carstens has failed to receive Chinese support in his campaign to become the next head of the International Monetary Fund. Carstens met Thursday with his Chinese counterpart Zhou Xiaochuan and Finance Minister Xie Xuren in Beijing, Carstens, who ended the meeting without a public endorsement, said it is time for […]
Mexican IMF Candidate Takes Campaign to China
Mexican central bank Governor Agustin Carstens was due in Beijing Thursday to meet with Chinese leaders in his campaign to become head of the International Monetary Fund. Carstens is scheduled to meet with his Chinese counterpart Zhou Xiaochuan and Finance Minister Xie Xuren. He and French Finance Minister Christine Lagarde were named by the IMF […]
IMF Narrows Field of Candidates for Top Spot
The International Monetary Fund has narrowed the list of candidates for its top position. The IMF board says French Finance Minister Christine Lagarde and Mexican Central Bank Chief Agustin Carstens are the remaining contenders to lead the global lender. The move eliminates the bid of Israeli Central Bank chief Stanley Fischer, whose selection would have […]
IMF Narrows Field of Candidates for Top Spot
The International Monetary Fund has narrowed its list of candidates for its top position. The IMF board says French Finance Minister Christine Lagarde and Mexican Central Bank Chief Agustin Carstens are the remaining contenders to lead the global lender. The move eliminates the bid of Israeli Central Bank chief Stanley Fischer, whose selection would have […]
Carstens Questions European Leading the IMF
Mexican central bank governor Agustin Carstens says the next leader of the International Monetary Fund should not be a European because those nations are borrowing heavily from the lending institution. Carstens, who is a candidate for the IMF’s top job, made the comment Monday during a speech at a research institution in Washington. Carstens also […]
Egypt, Indonesia, UAE Back Lagarde’s Bid for IMF Job
French Finance Minister Christine Lagarde’s bid to head the International Monetary Fund received a big boost Sunday when Egypt, Indonesia, and the United Arab Emirates publicly endorsed her over two other candidates. The backing from those three countries came as Lagarde visited Egypt to shore up support for her candidacy. Lagarde said the visit left […]
Egypt Backs Lagarde’s Bid for IMF Chief
Egyptian Foreign Minister Nabil al-Arabi has announced his country’s support of French Finance Minister Christine Lagarde’s bid to lead the International Monetary Fund. Arabi made the announcement Sunday in Cairo following meetings with Lagarde, who is in Egypt as part of a visit to the region to shore up support for her candidacy. The post […]
Mexico’s Carstens Takes IMF Bid to India
Mexican Central Bank Governor Agustin Carstens is due in India Friday to press his case to become the next head of the International Monetary Fund. Carstens is expected to hold series of meetings in New Delhi similar to his rival, France’s Christine Lagarde. She met Tuesday with Indian Prime Minister Manmohan Singh and Finance Minister […]