& çâÌæÚUæð´ ·¤è ¥ôÚU Îð¹Ùæ ÁæÚUè ÚU¹ð´ ¥ÍæüÌ ¥ÂÙð ÜÿØ ÂÚU ŠØæÙ ÚU¹ð´Ð ãæÚU Ù ×æÙð´, €UØô´ç·¤ ·¤æ× ·¤ÚUÙð âð ¥æÂ·¤ô ©gðàØ ·¤è Âýæç# ãôÌè ãñ ¥õÚU ÁèßÙ ·¤æ ¹æÜèÂÙ ÎêÚU ãôÌæ ãñÐ ÖÜð ãè ÁèßÙ ×ð´ ç·¤ÌÙè Öè ·¤çÆÙæ§ü €UØô´ Ù ¥æ°, çÁ™ææâæ ¥õÚU ©ˆâæã ÕÙæ° ÚU¹ð´Ð ŠØæÙ ÚU¹ð´, ÜÿØ ã×ðàææ ¥æÂ·Ô¤ Âæâ ãôÌð ãñ´ çÁ‹ãð´ ÂæÙð ·Ô¤ çÜ° ÂýØæâ ¥æÂ ·¤Öè Öè àæéM¤ ·¤ÚU â·¤Ìð ãñ´Ð

EU's IMF candidate fails to convince many countries
WASHINGTON. Mar 3: Eu rope will have to rethink its options alter its beleaguered candidate to head the International Monetary Fund failed yesterday to convince a broad range of countries he was the right man for the high-profile Job. says Reuters.
International monetary sources said German Deputy Finance Minister Caio Koch-Weser took 43 per cent of the vote in an initial informal poll of IMF board members, more than the combined vote for the other two candidates.
But countries representing 36 per cent of the votes at the international lender, including the United States, abstained. Sources said there was little sign that Europe's candidate, a former World Bank official, whom the United States dislikes. would overcome opposition from around the world.
Maybe this was a step we had to go through, but the ball is now very much in Europe's courl and we will haw to see how they respond." said one board member.
Japanese Finance Minister Kiichi Miyazawa said in Tokyo that he expected further developments over the weekend.
The race to head the IMF has been a tough transatlantic tussle between Europe, which ral lied somewhat reluctantly behind Koch-Weser this week, and the United States, which said the Brazilian-bom German was the wrong man for the job
Developing countries, frustrated at delays in filling the job. nominated Stanley Fischer. the naturalised American who stepped in as IMF acting managing director when Frances Michel Camdessus quit last month.
Washington views Koch-Weser as a political lightweight with the wrong international experience for this position, and in a blunt diplomatic snub to the German candidate, the United States has urged Europe to look for someone else.
The United States is not prepared to support the German candidate. White House spokesman Joe Lockhart said on Monday.
Former colleagues describe Koch-Weser as an able man. but not someone with sparkling leadership skills.
But President Bill Clinton promised on Thursday not to buck the 55-year-old tradition which says a' European heads the IMF. and an American heads the World Bank. Washington would not back Fischer, hesaid.
I want there to be a European director of the IMF. Clinton said. I will not support an American candidate even though I have enormous respect for Mr Fischer. Nobody's playing any games here. We want the strongest possible person in the world to head it. It s a big. big important job."
The monetary sources said Fischer had received 12 per cent of the vote, possibly because countries which had intended to vote for him had abstained after Clinton spoke. The third candidate, former Japanese
deputy finance minister Eisuke Sakakibara, received Just nine per cent.
IMF votes are cast according to the size of a country's economy. European countries have something over 35 per cent. The United States has 18 p-r cent or half Thursday's abstentions.
German Chancellor Gerhard Schroeder lobbied Europe and the rest of the world to back Koch-Weser, ignoring polite reservations from several partners.
In a statement Issued after the vote. Schroeder said consensus with Japan and the United States was still possible, and he said the European can didate secured strong support from developing countries.
That is his observation. It's not necessarily the general ob-
servation/ one IMF source said. Other sources said Koch-Weser won little backing outside Europe. with the exception of China, which was fulfilling a promise to Berlin.
A German government spokesman declined to comment on whether Germany and the European Union would continue to promote Koch-Weser or if they would seek another candidate
Koch-Weser rushed to Washington on the eve of the vote to put his case to IMF board members, holding a series of closed-door meetings. Sources said the US attack boosted sympathy and support, but not enough to swing the vote.
Washington insists a new IMF boss must have the strength and vision to reform
the Institution, which Tapes criticism in the US Congress fbc mishandling Asia’s financial crisis.
A congressional report due for release next week was expected to call for drastic curbs In the way the fund works, scrapping concessionary loans for poor countries and limiting its lending to hlgh-lnterest. short-term loans.
Several names have been floated as candidates if Europe does withdraw Koch-Weser. They include British finance minister Gordon Brown. Italian Treasury Secretary Guiliano Amato. Bank of France Governor Jean-Claude TrIchet and Andrew Crockett, the British head of the Bank for International Settlements.