The new head of the IMF urged global policymakers to pursue urgent coordinated action, including the mandatory recapitalization of European banks, or risk descent into renewed world recession.
The IMF has a Managing Director, who is head of the staff and Chair of the Executive Board. The Managing Director is assisted by a First Deputy Managing Director and three other Deputy Managing ...
Chancellor Gordon Brown is being lined up to take over as head of the International Monetary Fund, according to news reports. The Guardian quoted IMF sources as saying that Mr Brown was one of the ...