Courtesy: WorldEconomicForum/Flickr
As the new head of the IMF, Christine Lagarde’s experience in cajoling world leaders will go some way in negotiating the European bailouts. The real challenge, however, will be trying to raise funds for anything as large as Italy.
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As Europe stands united in its support for France's Finance Minister Christine Lagarde as a candidate to head the International Monetary Fund, many have begun to question if BRICS is truly an effective and united bloc. Will they be able to put forth a candidate all emerging countries can support?
Courtesy: WorldEconomicForum/Flickr
With the post for the head of the International Monetary Fund up for grabs, the emerging market countries are yet to unite and provide a suitable candidate who receives formidable support for his or her candidature. China, however, may boldly question the status quo and step ahead.
As London gears up to host the 2012 Summer Olympics, Boris Johnson, the Mayor of London, tells Gateway House's Shloka Nath what Mumbai can take away from London’s plans for renewal and expansion. Johnson likens Mumbai’s vibrancy and potential to London’s appeal.
