Russia nominated former Czech premier and central bank chief Josef Tosovsky on Wednesday to run the International Monetary Fund, but the Czech government immediately disowned his candidacy.
The head of the International Monetary Fund warned on Tuesday that global investment and growth prospects were at risk from a dramatic rise in private equity buy-outs and threats posed by financial globalization.
The European Union on Tuesday chose France's Dominique Strauss-Kahn to head the International Monetary Fund.
The IMF board will meet on Monday at the prompting of developing nations which want Europe and the United States to agree to throw open selection of a new managing director to candidates from around the globe, officials said on Friday.
International Monetary Fund Managing Director Rodrigo Rato said Thursday he would step down from his post in October for "personal reasons."
The International Monetary Fund said on Thursday that a rate hike by the Bank of Japan should be delayed until inflation expectations have recovered and the consumer price trend is firmly rising.
Venezuela will withdraw from the Washington-based lending organizations, the IMF and World Bank, in a symbolic move that distances leftist President Hugo Chavez from much of the international economic community.
The World Bank's board on Friday ordered an ad hoc group to discuss the fate of President Paul Wolfowitz, whose leadership has been thrown into turmoil by revelations that he helped his girlfriend get a high-paying job.
The International Monetary Fund (IMF) is "meddling" in China's affairs by saying the country needs a more flexible exchange rate policy, a state newspaper said in an editorial on Tuesday.
The world economy is set to grow strongly in 2007, especially in Europe and emerging Asia, International Monetary Fund Managing Director Rodrigo Rato was quoted on Monday as saying.