U.S. Should Push for Deal on IMF Post

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The International Monetary Fund is in an unexpected state of flux. The shocking sexual assault charges, arrest and subsequent resignation of former Managing Director Dominique Strauss-Kahn have turned the institution’s leadership on its ear. As the surprise of last week’s events dissipates, the focus now becomes selecting Strauss-Kahn’s replacement. In the coming weeks, a highly political process will unfold behind the scenes as the Europeans wrangle with a group of emboldened emerging-market countries for the fund’s top slot. In the middle lie the Americans, who hold the key to the success of either group. If the U.S. is shrewd, it […]

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