After a major leadership crisis that further degrades the Bretton Woods Institutions’ number-crunching credibility by revealing a pro-corporate bias – one that in 2017 was aimed at pleasing Beijing’s “Communist” government – yet another discredited managing director rules the International Monetary Fund. But Kristalina Georgieva was nearly fired, saved only with her board’s grudging, divided affirmation on October 11, in spite of two imperialist powers – the U.S. and Japan – threatening to swing the axe. More
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