FINANCE:  Europe, Russia Vie for IMF Top Job
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WASHINGTON, Sep 2 (IPS) - Europe and Russia have squared off over who will  head the International Monetary Fund (IMF) as developing  countries urge reforms so they can compete in future.
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The United States and the US dominated world institutions such as the International Monetary Fund (IMF), the World Trade Organization (WTO) and the World Bank (WB) are the most vociferous promotors of free trade.
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Russia could make early repayment next year of up to $10bn worth of its $48bn of foreign debt to the Paris Club of sovereign lenders, Alexei Kudrin, finance minister, announced on Monday.
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Differences over trade, energy, human rights and international policy look set to mark the EU-Russia summit.
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The surprise resignation of  the International Monetary Fund&#39;s head prompted calls for the  search for his replacement to reach beyond Europe, but European  finance officials quickly laid claim to the succession.
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The surprise resignation of the head  of the International Monetary Fund immediately prompted calls  for the job search for his replacement to reach beyond Europe  -- which has provided all the IMF&#39;s leaders.
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A credit-strapped world turns to the funds of the Middle East and Asia.
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President Vladimir Putin told the director general of the International Monetary Fund, Rodrigo Rato, on Thursday that Moscow was ready to pay off its debts early because the budget was benefiting from soaring prices for Russia&#39;s energy exports.
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As nominations draw to a close,  Dominique Strauss-Kahn is tipped as new IMF leader.
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Key European leaders headed for London Tuesday to discuss how to respond to recent global financial turmoil, hoping to reassure markets that Europe's economy can stay on an even keel.
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As nominations end,  Dominique Strauss-Kahn is tipped as new IMF leader.
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THE euro is rising to record levels against the dollar, winning favor as a reserve currency in central banks from Russia to China, and flexing its muscles in bond markets.
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BRUSSELS, Jul 10 (IPS) - The European Union's finance ministers have  decided that Frenchman Dominique Strauss-Kahn should head the  International Monetary Fund (IMF), despite calls for the post to  be opened up to candidates from poor countries.
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Mr. Rodrigo de Rato, Managing Director of the International Monetary Fund (IMF), will travel to Moscow, Russia (November 17-18), Berlin, Germany (November 19-21), Warsaw, Poland (November 21-22), and Oviedo, ...
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International Monetary Fund delegation and government officials will brief reporters about results of an IMF mission to Bulgaria.
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Turbulence in world credit markets illustrates the dangers of globally-linked financial sectors and the need for the International Monetary Fund to sharpen its role as overseer of the world's financial system, IMF Managing Director Rodrigo Rato said on Thursday.
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This fund combines the Pacific Rim and Europe.