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India lashes out at rich nations over IMF top job

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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-29-11 08:55 AM
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India lashes out at rich nations over IMF top job
http://news.xinhuanet.com/english2010/world/2011-05/29/c_13899835.htm

NEW DELHI, May 29 (Xinhua) -- As the tussle for the top job at International Monetary Fund hots up following the resignation of its disgraced former chief Dominique Strauss-Kahn, India has lashed out at the rich nations, saying they don't "want to give up power easily".

"Those who exercise power, do not want to give up power easily. The struggle for a better, balanced and more equitable world order, including the management of global institutions like the IMF, World Bank, (UN) Security Council is going to be a long haul, I am afraid," Indian Prime Minister Manmohan Singh told the media Saturday night

Though France's Finance Minister has announced her bid for the post of Managing director of IMF, the Indian Prime Minister, who returned following a six-day Africa tour, hoped that a consensus would emerge for the top job at the IMF, which is generally acceptable. He said that "India is in touch with various countries ".
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msongs Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-29-11 10:01 AM
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1. India IS a rich nation. nt
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-29-11 10:15 AM
Response to Reply #1
2. it's kinda both. considering the amount of poverty they have.
also -- india is having a sustained problem w/ corruption.
it struck as a bit of glass house.
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