Daily Management Review

IMF: Georgieva is the only candidate to replace Lagarde


09/10/2019


The Executive Board of the International Monetary Fund (IMF) will complete the process of agreeing on a single candidate from the European Union, Kristalina Georgieva, to head the fund until October 4, reads the organization’s statement.



Friends of Europe
Friends of Europe
Georgieva is the only candidate with whom meetings of the members of the executive board are planned for election, the document specifies.

"The deadline for submitting candidates for the next managing director’s position ended on Friday, September 6. Currently, the main and only candidate, Ms. Kristalina Georgieva, the World Bank’s executive director and Bulgarian citizen, has confirmed readiness to be considered as a candidate," the report says.

“Now the council will act in accordance with the process described in the decision of July 26, which includes holding meetings between the candidate and the executive directors. The purpose of the council is to complete the selection process as soon as possible, no later than October 4, 2019,” the fund concludes.

Georgieva’s victory is almost guaranteed, because the EU de facto controls appointment of Head of the IMF. The US traditionally nominates Head of the World Bank.

source: imf.org






Science & Technology

Bain & Company: E-wallets and cheaper transactions are new payment trends

Is UAV drone industry falling into decay?

UK Scotland Yard employs AI to deal with frauds

US sets to fight robocalls outbreak

Top 7 green energy innovators

Volvo’s New Car Uses Blockchain For Recycled Cobalt

False Memories Can Be Created By Fake News On Social Media, Shows A Study

DEF CON Hosts Auto-Makers And Cybersecurity Enthusiasts

WHO found no danger in microplastics in drinking water

Apple starts testing Chinese OLED screens for iPhone 12

World Politics

World & Politics

US Trying To Create An Alliance Against Iran: Pompeo

US FAA invites representatives from 50 countries to discuss 737 MAX certification

Iran Blamed By US’s Pompeo For The Drone Attacks On Saudi Oil Facility

IMF: Georgieva is the only candidate to replace Lagarde

Saudi Arabia to issue tourist visas

USA introduces sanctions against Iranian space agencies

Investments continue to flow into Cape Verde and exceed expectations of Minister of Finance Olavo Correia

USA, UK to create a working group on economics