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The Saker
A bird's eye view of the vineyard

offsite link Russian FM Sergey Lavrov (acting) conducts the annual news conference evaluating Russian foreign pol... Fri Jan 17, 2020 12:08 | amarynth
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offsite link Capitalism in America: How a Dismal Decimal is Robbing Americans Blind Thu Jan 16, 2020 10:05 | amarynth
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Human Rights in Ireland
A Blog About Human Rights

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Cedar Lounge
"A flaky website that purports to be ?leftist,? The Cedar Lounge Revolution, occasionally makes a relevant point or two."

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Dublin Opinion
Life should be full of strangeness, like a rich painting

offsite link Some Thoughts on the Brexit Joint Report 11:50 Sat Dec 09, 2017

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Kristalina Georgieva Takes IMF Helm

category international | miscellaneous | news report author Thursday September 26, 2019 00:09author by Kate Zeller - Jubilee USA Network Report this post to the editors

The International Monetary Fund announces that World Bank CEO and Bulgarian environmental economist, Kristalina Georgieva, will become the Fund's new Managing Director.

The International Monetary Fund announces that World Bank CEO and Bulgarian environmental economist, Kristalina Georgieva, will become the Fund's new Managing Director. Georgieva replaces Christine Lagarde who resigned on September 12th.

"Under Georgieva's leadership, we will see emphasis on gender inequality, environmental issues and the need for more resources to be directed to the developing world," stated Eric LeCompte, who monitors the IMF and is the Executive Director of the religious development group Jubilee USA Network. "She is the first IMF chief who comes from an emerging market country."

Georgieva is the second woman to head the Fund in its 75-year history. The new Managing Director begins her tenure amidst turbulent economic forecasts.

"She takes the helm at the IMF among warnings of global financial crisis, escalating trade tensions and declines in economic growth," noted LeCompte.

Related Link: http://www.jubileeusa.org
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