As BIC and CIVICUS announced on their website, the IMF released the Terms of Appointment for new Managing Director Dominique Strauss-Kahn, who began his five-year renewable term on 1 November. This is the first time that the IMF does so. In the past, the salaries and benefit packages of MDs were summarised in the Fund’s annual reports.

Mr. Dominique Strauss-Kahn was finally named by consensus to head IMF on Friday 28th. DSK won before Josef Tosovsky, promoted by Russia, and will take office November 1st. By that time the Frenchman was in Chile, working to increase the official support to his candidature. At the last minute Brazil, Argentina and Chile gave DSK their official support.

Dominique Strauss-Kahn had his second chance before the Fund's board, this time for a formal interview, declaring that he would rebuild the legitimacy of the IMF.

There is no doubt about it now, Dominique Strauss-Kahn will be the next managing director of the IMF as he has officially garnered the support of the United States.

The statement by Tosovsky to the IMF executive board was remarkable - it actually made EU candidate Strauss-Kahn look like a breath of fresh air.

After a two-day meeting in Porto of EU finance ministers ended on Saturday, the most explicit commitments yet were made to end Europe's stranglehold on IMF leadership selection.  AFX News quotes Portuguese finance minister Fernando Teixeira dos Santos: "We need to define a pr

Have just heard that interviews for the selection of the new Managing Director will be held next week, with the whole board to be in attendance.

In what must surely be a first, the EU nominee for IMF Managing Director (and clear favorite to win the position), Dominique Strauss-Kahn, has published a campaign manifesto entitled "My Vision for the IMF" in the September 6th edition of the Wall Street Journal.(One would

How should opponents of the IMF (at least *this* IMF) view the outcome, now nearly settled, of the current selection process for the new Managing Director at the IMF?

Dominique Strauss-Kahn, the French candidate to be Rato successor at the IMF, was in Latin America last week in order to increase his support to become the new IMF Managing Director. Argentina was one of the countries chosen, where was probably the IMF's biggest catastrophe. There, the government didn't offer an outright endorsement but they came very close.