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IMF chief pushes for more power, new global currency

February 27th, 2010
Categories: News, Economic

Link: http://rawstory.com/2010/02/imf-chief-pushes-power-worlds-stage/

The International Monetary Fund wants more power to police the global financial system and a bigger role in emergency financing, managing director Dominique Strauss-Kahn said Friday. In a speech to the Bretton Woods Committee, a finance reform think tank in Washington, D.C., he claimed that a stronger IMF also warrants a new global reserve currency that would serve as an alternative to the U.S. dollar.

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