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The Saker
A bird's eye view of the vineyard

offsite link Behind Hong Kong?s black terror Mon Oct 14, 2019 12:12 | amarynth
By Pepe Escobar – Hong Kong : Posted with permission Deciphering who?s behind the violence leads to a long list of possibilities ?If we burn, you burn with us.? ?Self-destruct

offsite link Washington abandons its Kurdish proxies as Ankara and Damascus step in Sun Oct 13, 2019 21:38 | The Saker
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offsite link The Terrorists Among US10| The IO Echo Chamber Scott Shane Joel Harding Sun Oct 13, 2019 21:35 | The Saker
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offsite link President Putin Interview with Al Arabiya, Sky News Arabia and RT Arabic Sun Oct 13, 2019 16:54 | Scott
In advance of his visit to the Kingdom of Saudi Arabia and the United Arab Emirates Vladimir Putin answered questions from Al Arabiya senior presenter Mohammed Tomaihi, Sky News Arabia senior presenter Mohannad Khatib and RT Arabic Public

offsite link EXPLAIN THIS ? Plans to Rebuild WTC-7 Over 1 Year Before It?s Destruction Sat Oct 12, 2019 16:30 | The Saker
Sent to me by a friend, it covers only a tiny faction of the issue, but it is a highly relevant one nonetheless. The Saker

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Human Rights in Ireland
A Blog About Human Rights

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Cedar Lounge
For lefties too stubborn to quit

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

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IMF Head Christine Lagarde Resigns to Pursue European Central Bank Nomination

category international | economics and finance | news report author Tuesday July 16, 2019 19:09author by Kate Zeller Report this post to the editors

The Managing Director of the International Monetary Fund, Christine Lagarde, announced that she is resigning. Lagarde is pursuing her nomination to lead the European Central Bank. Her resignation takes effect on September 12th.

Washington DC - The Managing Director of the International Monetary Fund, Christine Lagarde, announced that she is resigning. Lagarde is pursuing her nomination to lead the European Central Bank. Her resignation takes effect on September 12th.

"Lagarde moved forward new focuses on gender and inequality at the International Monetary Fund," said Eric LeCompte, the Executive Director of the religious development group Jubilee USA. "After the Greek crisis, we saw her lead shifts in thinking on the problems with austerity, although we didn't see enough changes in austerity policies at the IMF."

Since the creation of the IMF and World Bank in 1945, the United States and Europe who hold the controlling votes of the financial institutions, had a "gentleman's agreement" that the head of the World Bank should be an American and the head of the IMF should be a European.

"Now that Lagarde is moving on, there are growing calls for the new head of the IMF to be selected based on the merits of the nominee as opposed to whether or not the person is born in Europe," stated LeCompte who serves on United Nations finance expert groups.

Related Link: https://www.jubileeusa.org/pr_lagarde_imf_resignation_ecb
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