Saturday, June 4, 2011
Special IMF Review
Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13
Schedule of Press Briefings and Speeches by Senior IMF Officials
Schedule of Press Briefings and Speeches by Senior IMF Officials
Last Updated: May 27, 2011
All Times are Local
Date Event Reverse Choronological Order
Saturday, June 11, 2011 No Public Engagements
Friday, June 10, 2011 No Public Engagements
Thursday, June 09, 2011 No Public Engagements
Wednesday, June 08, 2011
Mr. John Lipsky, Acting Managing Director will be in Beijing participating in the China Spillover Mission, June 8-9.
Tuesday, June 07, 2011
Mr. John Lipsky, Acting Managing Director will be in Tokyo participating in the Japan Spillover Mission, June 7-8.
Monday, June 06, 2011 No Public Engagements
Sunday, June 05, 2011 No Public Engagements
Saturday, June 04, 2011
Mr. John Lipsky, Acting Managing director will be in London participating in the United Kingdom Spillover Mission, June 4-6.
Friday, June 03, 2011 No Public Engagements
Thursday, June 02, 2011 No Public Engagements
Wednesday, June 01, 2011 No Public Engagements
Tuesday, May 31, 2011 No Public Engagements
Monday, May 30, 2011 No Public Engagements
Sunday, May 29, 2011 No Public Engagements
Saturday, May 28, 2011 No Public Engagements
Friday, May 27, 2011 No Public Engagements
Thursday, May 26, 2011
Regular press briefing by Caroline Atkinson, Director of the External Relations Department on Thursday, May 26, 2011 at 9:30 a.m at the IMF Multimedia Center, Room 01-620A, IMF Headquarters
Mr. John Lipsky, Acting Managing Director, will participate in the G8 Summit in Deauville, France at the Centre International de Deauville: May 26 to May 27.
Wednesday, May 25, 2011 No Public Engagements
Tuesday, May 24, 2011 No Public Engagements
Monday, May 23, 2011
Ms. Nemat Shafik, Deputy Managing Director, will participate in the G20 High-Level Conference to take place in Paris on Monday, May 23.
Sunday, May 22, 2011 No Public Engagements
Saturday, May 21, 2011 No Public Engagements
Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13
Last Updated: May 27, 2011
All Times are Local
Date Event Reverse Choronological Order
Saturday, June 11, 2011 No Public Engagements
Friday, June 10, 2011 No Public Engagements
Thursday, June 09, 2011 No Public Engagements
Wednesday, June 08, 2011
Mr. John Lipsky, Acting Managing Director will be in Beijing participating in the China Spillover Mission, June 8-9.
Tuesday, June 07, 2011
Mr. John Lipsky, Acting Managing Director will be in Tokyo participating in the Japan Spillover Mission, June 7-8.
Monday, June 06, 2011 No Public Engagements
Sunday, June 05, 2011 No Public Engagements
Saturday, June 04, 2011
Mr. John Lipsky, Acting Managing director will be in London participating in the United Kingdom Spillover Mission, June 4-6.
Friday, June 03, 2011 No Public Engagements
Thursday, June 02, 2011 No Public Engagements
Wednesday, June 01, 2011 No Public Engagements
Tuesday, May 31, 2011 No Public Engagements
Monday, May 30, 2011 No Public Engagements
Sunday, May 29, 2011 No Public Engagements
Saturday, May 28, 2011 No Public Engagements
Friday, May 27, 2011 No Public Engagements
Thursday, May 26, 2011
Regular press briefing by Caroline Atkinson, Director of the External Relations Department on Thursday, May 26, 2011 at 9:30 a.m at the IMF Multimedia Center, Room 01-620A, IMF Headquarters
Mr. John Lipsky, Acting Managing Director, will participate in the G8 Summit in Deauville, France at the Centre International de Deauville: May 26 to May 27.
Wednesday, May 25, 2011 No Public Engagements
Tuesday, May 24, 2011 No Public Engagements
Monday, May 23, 2011
Ms. Nemat Shafik, Deputy Managing Director, will participate in the G20 High-Level Conference to take place in Paris on Monday, May 23.
Sunday, May 22, 2011 No Public Engagements
Saturday, May 21, 2011 No Public Engagements
Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13
Departure of IMF’s No. 2 Sets Off Shuffle
Departure of IMF’s No. 2 Sets Off Shuffle
By Sudeep Reddy
The International Monetary Fund’s No. 2 official, John Lipsky, said Thursday he’ll leave his position when his term expires in August — creating the first test of whether emerging-market nations will play a role in filling top posts at the fund.
Lipsky, a U.S. national, has served as the IMF’s first deputy managing director since September 2006 in a five-year term. Lipsky has agreed to serve as Special Advisor to IMF Managing Director Dominique Strauss-Kahn through the Group of 20 Summit in November “to ensure continuity,” the fund said in a statement.
The No. 2 slot at the IMF has traditionally gone to an American, working under a managing director from a European nation. The fund has already taken steps to recognize the increasing power of emerging-market economies such as Brazil, China, India and Russia. Now those nations will see whether their citizens get a shot at the top jobs in Washington.
The IMF managing director selects the No. 2 official with approval of the fund’s 24-member executive board. There’s widespread speculation that Strauss-Kahn, who took his post in 2007, will leave the IMF to run for president of France. That would create another opportunity to swing from tradition by putting a non-European into the post.
Lipsky, 64, previously served as vice chairman of J.P. Morgan Investment Bank and also had been chief economist at J.P. Morgan and Salomon Brothers. Earlier in his career, he spent a decade in various positions at the IMF.
“From my first days at the Fund, John has been a sincere friend to me, as well as an exemplary colleague, a tireless thinker, an instigator of debate, an influential proponent of multilateralism and deeper financial surveillance, and an outstanding communicator to a broad range of external constituencies,” Strauss-Kahn said in the statement.
Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13
By Sudeep Reddy
The International Monetary Fund’s No. 2 official, John Lipsky, said Thursday he’ll leave his position when his term expires in August — creating the first test of whether emerging-market nations will play a role in filling top posts at the fund.
Lipsky, a U.S. national, has served as the IMF’s first deputy managing director since September 2006 in a five-year term. Lipsky has agreed to serve as Special Advisor to IMF Managing Director Dominique Strauss-Kahn through the Group of 20 Summit in November “to ensure continuity,” the fund said in a statement.
The No. 2 slot at the IMF has traditionally gone to an American, working under a managing director from a European nation. The fund has already taken steps to recognize the increasing power of emerging-market economies such as Brazil, China, India and Russia. Now those nations will see whether their citizens get a shot at the top jobs in Washington.
The IMF managing director selects the No. 2 official with approval of the fund’s 24-member executive board. There’s widespread speculation that Strauss-Kahn, who took his post in 2007, will leave the IMF to run for president of France. That would create another opportunity to swing from tradition by putting a non-European into the post.
Lipsky, 64, previously served as vice chairman of J.P. Morgan Investment Bank and also had been chief economist at J.P. Morgan and Salomon Brothers. Earlier in his career, he spent a decade in various positions at the IMF.
“From my first days at the Fund, John has been a sincere friend to me, as well as an exemplary colleague, a tireless thinker, an instigator of debate, an influential proponent of multilateralism and deeper financial surveillance, and an outstanding communicator to a broad range of external constituencies,” Strauss-Kahn said in the statement.
Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13
Breaking News: U.S. pushes for speedy succession at IMF
U.S. pushes for speedy succession at IMF
* Breaking News
* Treasury Secretary Timothy Geithner on Thursday called for an "open process" to select a new head of the International Monetary Fund, although it is expected that Washington will back a European.
The leadership of the IMF was thrown into question by the arrest on Saturday of its managing director, Dominique Strauss-Kahn, on charges of sexual assault and attempted rape. Strauss-Kahn resigned on Wednesday.
"We want to see an open process that leads to a prompt succession for the Fund's new managing director," Geithner, who worked at the IMF, said in a brief statement.
Under a long-standing agreement between the United States and Europe, the IMF top job has always gone to a European, while an American has led its sister organization, the World Bank. The United States also fills the No. 2 post at the fund.
The Group of 20 rich and emerging economies, currently chaired by France, two years ago endorsed "an open, transparent and merit-based selection process," although could not agree that nationality should be explicitly ruled out as a criteria.
Some emerging market nations, which have gained power at the IMF in recent years, have said candidates from their countries should get a shot at the top job.
However, a sense of inevitability grew on Thursday that Europe would retain the post, with French Finance Minister Christine Lagarde seen as the most likely choice.
"The reality is this process is going to result in a European getting this job," a Canadian official said on condition of anonymity.
Although the Obama administration would like to see changes, sources close to the IMF and U.S. Treasury said that in the end it will back a European for the top job so as not to jeopardize its captaincy of the World Bank, which would anger U.S. lawmakers who control contributions to both institutions.
The issue is especially sensitive given that Congress is set to shortly consider funding for the poverty-fighting institution, said Arvind Subramanian, senior fellow at the Peterson Institute think tank and a former IMF economist.
"I think Congress is not prepared to give up control over either institution ... But at some stage, Congress and the U.S. public will have to see what's happening in the world as a whole, that the U.S. isn't calling all the shots," he said.
"The more you rig the institution, the less credible it becomes," he added.
EUROPE LOOKS TO SEW IT UP
European leaders have moved quickly to stake their claim on the job, although China, Brazil and South Africa said the selection process had to be open to all and based on a candidate's qualifications and not nationality.
Lagarde is widely respected among both developed and developing countries. Emerging nations, however, appear to favor Kemal Dervis, Turkey's former economy minister.
"The (European Union) is supporting Lagarde and the United States is happy with that because it is not ready to give up the IMF No. 2 spot nor the World Bank," one highly placed source told Reuters. "This time the emerging market economies will fight but they will lose."
Lael Brainard, the U.S. Treasury's point person on international affairs, told a conference that Washington was not backing any one candidate but that a swift transition was needed given the challenges facing the global economy.
"In view of the important financial challenges, we want to make sure that the institution is as strong as it can possibly be to work with us and our partners around the world on financial challenges," she said.
The IMF's 24-member board is trying to determine the selection process. The head of the IMF is chosen by simple majority, which means 50 percent of all voting rights. The rights are determined based on the size of each economy and other economic and financial factors.
Together, the United States and European nations hold more than 50 percent of voting power, giving them effective say over who leads the institution.
Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13
* Breaking News
* Treasury Secretary Timothy Geithner on Thursday called for an "open process" to select a new head of the International Monetary Fund, although it is expected that Washington will back a European.
The leadership of the IMF was thrown into question by the arrest on Saturday of its managing director, Dominique Strauss-Kahn, on charges of sexual assault and attempted rape. Strauss-Kahn resigned on Wednesday.
"We want to see an open process that leads to a prompt succession for the Fund's new managing director," Geithner, who worked at the IMF, said in a brief statement.
Under a long-standing agreement between the United States and Europe, the IMF top job has always gone to a European, while an American has led its sister organization, the World Bank. The United States also fills the No. 2 post at the fund.
The Group of 20 rich and emerging economies, currently chaired by France, two years ago endorsed "an open, transparent and merit-based selection process," although could not agree that nationality should be explicitly ruled out as a criteria.
Some emerging market nations, which have gained power at the IMF in recent years, have said candidates from their countries should get a shot at the top job.
However, a sense of inevitability grew on Thursday that Europe would retain the post, with French Finance Minister Christine Lagarde seen as the most likely choice.
"The reality is this process is going to result in a European getting this job," a Canadian official said on condition of anonymity.
Although the Obama administration would like to see changes, sources close to the IMF and U.S. Treasury said that in the end it will back a European for the top job so as not to jeopardize its captaincy of the World Bank, which would anger U.S. lawmakers who control contributions to both institutions.
The issue is especially sensitive given that Congress is set to shortly consider funding for the poverty-fighting institution, said Arvind Subramanian, senior fellow at the Peterson Institute think tank and a former IMF economist.
"I think Congress is not prepared to give up control over either institution ... But at some stage, Congress and the U.S. public will have to see what's happening in the world as a whole, that the U.S. isn't calling all the shots," he said.
"The more you rig the institution, the less credible it becomes," he added.
EUROPE LOOKS TO SEW IT UP
European leaders have moved quickly to stake their claim on the job, although China, Brazil and South Africa said the selection process had to be open to all and based on a candidate's qualifications and not nationality.
Lagarde is widely respected among both developed and developing countries. Emerging nations, however, appear to favor Kemal Dervis, Turkey's former economy minister.
"The (European Union) is supporting Lagarde and the United States is happy with that because it is not ready to give up the IMF No. 2 spot nor the World Bank," one highly placed source told Reuters. "This time the emerging market economies will fight but they will lose."
Lael Brainard, the U.S. Treasury's point person on international affairs, told a conference that Washington was not backing any one candidate but that a swift transition was needed given the challenges facing the global economy.
"In view of the important financial challenges, we want to make sure that the institution is as strong as it can possibly be to work with us and our partners around the world on financial challenges," she said.
The IMF's 24-member board is trying to determine the selection process. The head of the IMF is chosen by simple majority, which means 50 percent of all voting rights. The rights are determined based on the size of each economy and other economic and financial factors.
Together, the United States and European nations hold more than 50 percent of voting power, giving them effective say over who leads the institution.
Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13
48th Show
Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio
"If you Knew you could not fail, what would you try today?"
Phillippians 4:13
47th Show
Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13
Thank you Very much Windy outstanding attitude. Warmest Regards Breitling
After Roger's chat the other night, I decided to use it as an opportunity to diversify and fund dinar through a Warka account that I've been meaning to set up for some time now. So whether the RV occurs in June or later, I feel that I am in control of my best interests.
I just listened to your response to his chat, and it reaffirms that I have armed myself with the knowledge I need to affect my destiny. Thank you for that affirmation, and for all the tireless work you do to educate us on this most spectacular investment opportunity :)
No matter what, I am ready!
Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13
I just listened to your response to his chat, and it reaffirms that I have armed myself with the knowledge I need to affect my destiny. Thank you for that affirmation, and for all the tireless work you do to educate us on this most spectacular investment opportunity :)
No matter what, I am ready!
Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13
Thank you for the Support: this is what I am looking for, attitude!!!!!!!!!!!!! self reliant!!!!!!!! YOU made me very happy !!!!!!!!!!
Tony you will always have people fearful losing money for the obvious reasons.
However, you have been very great ! strategic in speaking, it seems also in your research, and in how you are communicating. Why I feel so many people are drawn to your blog. I'm very impressed with your calmness and facts. Delivery is always important in speaking.
So great job in bringing awareness and the possibility for others to become responsible for ones choices and ones life.
In many ways you are contributing and making a difference, on a scale that is immeasurable. Thanks so much.
I am completely comfortable with my choice and I keep looking at how it is unfolding AND also what I may not see, that may have it fall through. But I'm enjoying the process and living like it will RV and making plans for the windfall. Whether it happens here or I create it another way it will happen for me.
Thank you,
Angelika
Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13
However, you have been very great ! strategic in speaking, it seems also in your research, and in how you are communicating. Why I feel so many people are drawn to your blog. I'm very impressed with your calmness and facts. Delivery is always important in speaking.
So great job in bringing awareness and the possibility for others to become responsible for ones choices and ones life.
In many ways you are contributing and making a difference, on a scale that is immeasurable. Thanks so much.
I am completely comfortable with my choice and I keep looking at how it is unfolding AND also what I may not see, that may have it fall through. But I'm enjoying the process and living like it will RV and making plans for the windfall. Whether it happens here or I create it another way it will happen for me.
Thank you,
Angelika
Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13
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