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Obama’s tour: the meaning of Europe

President Barack Obama crossed the Atlantic on Sunday night for a tour of the Old Continent including stops in Ireland, France and Poland. However, the only thing European that Americans have on their minds these days is the fall of IMF…

Choosing an IMF leader: who holds the power?

In the past, the balance of power went something like this: the Europeans ran the International Monetary Fund and the Americans headed up the World Bank. Now, with new emerging economic powers, Europe itself needing debt bailouts and the US…