US backs Strauss-Kahn for top IMF post
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The United States on Wednesday backed European Union candidate Dominique Strauss-Kahn to head the International Monetary Fund, virtually assuring the Frenchman&#39;s victory as the selection process neared a conclusion.
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The US supports a ``strong dollar,&#39;&#39; Treasury Secretary John Snow said, making his first remarks on the currency since George W. Bush was re-elected president on Nov. 2. ``We support
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European Union finance ministers agreed Tuesday to back French candidate Dominique Strauss-Kahn as new head of the International Monetary Fund, the EU&#39;s Portuguese presidency said.
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Robert Zoellick, the United States trade representative, has jumped to the top of the list of candidates for president of the World Bank.
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UNITED NATIONS: The United States has supported Japan&#39;s bid for a permanent seat on the UN Security Council but is reserving judgement on other potential candidates, including friends Germany, Brazil and India, US Secretary of State Colin Powell said
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The top-ranked bank was HSBC. Citigroup and Bank of America rated highest among US institutions.
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Leading IMF members agree to back proposed reforms giving more voting rights to emerging economies.
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The United States on Sunday applauded the decision by the Paris Club on slashing Iraq&#39;s debts and urged other countries to follow suit.
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How the world adapts to slowing US growth is a key issue for the global economy, the IMF says.
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The respected Financial Times endorsed John Kerry as the best choice for US president, saying incumbent George W. Bush had polarized the world with his radical foreign policy and led a reckless economic policy.
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An international forum including China and Russia expressed support Saturday for an Asian to be the next head of the United Nations.
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The US fully supports UN Secretary General Kofi Annan and is not trying to oust him, US Ambassador John Danforth says.
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Europe sought to extend its 61-year hold on the top post at the International Monetary Fund, as a former French finance minister picked up support yesterday and two European rivals bowed out of the race.
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UNITED NATIONS The United States has now joined the rest of the world backing United Nations Secretary-General Kofi Annan. It&#39;s an abrupt turnaround from the US refusal to back him last week after a senator called for his resignation.
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Argentine President Nestor Kirchner received confirmation Friday by the International Monetary Fund (IMF) for a postponement of the payment of 1 billion US dollars in foreign debt owed by Argentina.
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Germany has won support from the United States and Britain for an initiative to tighten controls on hedge funds, a newspaper reported on Monday.
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The International Monetary Fund's board said on Monday any country could nominate a candidate to succeed IMF Managing Director Rodrigo Rato, throwing open to worldwide competition a job customarily given to Europeans.