Tuesday, June 28, 2011

U.S. Supports Lagarde

The battle for leadership of the struggle for the chair of the International Monetary Fund (IMF) seems increasingly pursed. According to Xinhua news on Tuesday (28/06/2011), U.S. Treasury Secretary Tim Geithner is officially supporting the French Finance Minister Christine Lagarde. "I am pleased to announce the decision to support Christine Lagarde chaired the IMF," reads a statement Geithner.

According to Geithner, Lagarde has a requirement for the number one seat in the IMF. "Lagarde talented and has the capabilities and global leadership," said Geithner.
"We fully support because the U.S. is also a member of the IMF. Our support, including for economic revival," said Tim Geithner.

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