IMF power shift may end Europe’s hold on top job

Lesly Wroughton at Reuters

A power shift at the IMF toward emerging nations lays the ground for a fierce battle over who should succeed Dominique Strauss-Kahn and may threaten Europe’s long-standing claim to the top post.

IMF board officials, who spoke on condition of anonymity because of the sensitive nature of the issue, told Reuters there was a push by some countries for a speedy resolution to Strauss-Kahn’s future as head of the organization, although others cautioned against judging him so soon.

Full post here.

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