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The IMF does not agree with Georgia’s fate

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The IMF does not agree with Georgia's fate

WASHINGTON (AFP) – The fate of Kristalina Georgieva is at stake International Monetary Fund Prior to the start of the autumn meetings of the two financial institutions, the World Bank was suspended on Sunday evening after a new meeting of the executive bodies to consider allegations of manipulating data in favor of China during its tenure.
The board of directors of the International Monetary Fund is expected to meet again on Monday, according to two sources known with the file, after meetings over the past week. The council confirmed that “significant new progress” had been made in understanding the file.
The 24-member council, which represents 190 countries, usually makes its decisions unanimously. In a statement issued at midnight on Sunday, his spokesman clarified that the aim was to end the matter as soon as possible, similar to the statement issued two days ago.
Although the management of the fund eventually decides to renew confidence in Georgia, the 68-year-old Bulgarian economist will remain vulnerable to the issue, which the law firm Wilmer Hill released the findings of an investigation on September 16.
Carrying out business activities
The investigation pointed to irregularities in the draft Business Process Report issued by the World Bank in 2018 and 2020.
The authors of the report accused Georgia of pressuring staff to rank China in the best category when he was the managing director of the World Bank.
The inquiry was launched at the request of the World Bank’s ethics committee, which at the time classified the countries according to the trading conditions in those countries, sparking a number of controversies and leading to the resignation of the former chairman. Paul Romer, Department of Economics, World Bank.
Failure to reach a decision at the annual meetings of the International Monetary Fund and the World Bank, which begin on Monday, will inevitably be reflected.
Georgia intervenes during a seminar on “Rediscovering the Workplace for Women”, but anticipation surrounds her press conference scheduled for Wednesday.
Split inside the box
The Board of Directors of the International Monetary Fund has asked representatives of the Director-General and the office of “Wilmer Hill”, but members of the Fund are still divided over Georgia’s fate. To her.
Many sources familiar with the matter say that European and African countries, on the one hand, want to keep her in her position, while the United States and Japan have reservations on continuing her obligations.
Six former World Bank officials recently defended her in a statement released by Georgia’s public relations agency, describing her as “very honest and committed to development issues”.

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Organizational integrity is at stake
Jeffrey Sachs, director of Columbia University’s Center for Sustainable Development, told the Financial Times that his dismissal was “a dangerous and costly surrender to anti-Beijing hysteria,” citing US allegations that China was interfering in the affairs of international companies. .
For his part, former World Bank economist and Nobel laureate Joseph Stiglitz described the Wilmer Hill report as a “demolition plan” and described current attempts to dismiss her as a “conspiracy”. “Project Syndicate” website to publish comments.
Moreover, Georgia’s supporters drew attention to her effects during the health crisis caused by the outbreak of Govt-19, at which time she was active in helping countries most vulnerable to the epidemic.
Instead, US Treasury spokeswoman Alexandra Lamana said this week that “our primary responsibility is to safeguard the integrity of international financial institutions.”
On Tuesday, the International Monetary Fund will release its latest global economic forecast.
In early October 2019, Georgia took over as Managing Director of the International Monetary Fund, replacing Christine Lagarde, who had been appointed President of the European Central Bank, at which time she was the only candidate.

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Hamdok’s dissolved government addresses the United Nations regarding al-Burhan’s participation

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Hamdok’s dissolved government addresses the United Nations regarding al-Burhan’s participation

Abdallah Hamdok’s government, dissolved by the decision of Sudan’s military commander, said al-Burhan’s participation in the United Nations General Assembly in New York was “contrary to declared international positions against military coups”.

According to a memorandum signed by Abdullah Hamdok and several former ministers, the participation of the Sudanese military commander in the work of the United Nations General Assembly sends alarming and encouraging signals to the military revolutions that have recently spread in Africa.

October 2021 mentioned in the memorandum

Mr. United Nations. Secretary-General, Antonio Guterres:

Subject: Participation of the leader of the October 25 coup in Sudan at the 78th session of the United Nations General Assembly.

We, the undersigned members of the Government of Sudan formed in 2019, this year’s constitutional document, address you to clarify the following:

  • First, on October 25, 2021, a military component led by Lieutenant General Abdel Fattah al-Burhan Abdel Rahman led a military coup against the interim civilian government, leading to a complete constitutional collapse. This led to the existence of a de facto government which collapsed with the outbreak of the 15th War, a direct result of a coup against the civil government.
  • Secondly, the African Union, the UN Regional and international institutions, including the Security Council and the European Union, have rejected the military coup that undermined the interim government and halted the democratic transition process in Sudan. Coup and return of power to the people.
  • Thirdly, the invitation of the coup leader to represent Sudan in the United Nations General Assembly meetings is contrary to the above positions, and it also contributes to the continuation of the ongoing war in Sudan today. This sends very alarming and encouraging signals to the recent rise in military coups on the African continent.
  • The Glorious Revolution of December 2018 determined the Sudanese people’s stance on military coups and authoritarian regimes by recognizing the government’s full civil code and rejecting the October 25 coup, as well as defining the military’s relationship with politics. Constitution and defense of the country against external threats. To the coup leader who shares the commitment to democracy, peace and freedom as a partner in the war in Sudan today.
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He’s been on the run for 30 years: Italian mafia boss Messina Tenaro is dead

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He’s been on the run for 30 years: Italian mafia boss Messina Tenaro is dead

Italian mafia boss Messina Denaro, who was arrested by authorities in January after 30 years on the run, has died at the age of 61, Italian media outlet Agence France-Presse reported.

Messina Tenaro was suffering from cancer at the time of his arrest. After his condition worsened in recent weeks, he was transferred to a hospital from the high-security prison in central Italy where he was initially held.

(Files) This handout photo taken and released by the Italian Carabinieri press office on January 16, 2023 shows Italy’s top wanted mafia boss Matteo Messina Tenaro in Palermo following his arrest on January 16, 2023.

According to France 24, Messina Tenaro helped launch acts of terrorism against the Italian state and was sentenced to six separate life sentences over the years, including the 1992 murder of anti-mafia judge Giovanni Falcone and his role in deadly bombings. Rome Florence and Milan in 1993.

Messina Tenaro, who led the Corleonesi clan immortalized in the Godfather films, died in prison in 2017.

Messina Tenaro was based in Trapani province in western Sicily, but by the time of his arrest on January 16, 2023, his influence had extended to the capital, Palermo.

Messina Tenaro had been on the run since 1993, and police finally arrested him when he visited a cancer treatment center in Palermo.

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Macron responds to Pope over migrant file: We are doing our part

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Macron responds to Pope over migrant file: We are doing our part

French President Emmanuel Macron said on Sunday that France is playing its “role” in welcoming migrants, responding to Pope Francis in Marseille (southern) European leaders and how they are dealing with the migration issue. .

“The Pope is right to call for this campaign against neglect,” Macron said in a televised interview.

“We cannot accept the misery of the whole world,” he said, recalling the famous phrase of former Socialist Prime Minister Michel Rogard.

Commenting on the recent arrival of migrants on the Italian island of Lampedusa, Macron called for “Italians not to be left alone”, defending a European response based on “a harmonious approach with countries of origin and countries of transit”.

As for the countries of origin of the migrants, “Europeans must adapt our aid to a responsible immigration policy, and say that we help you with projects to give people economic opportunities, but you must help us to dismantle the networks. Lead these people.” out of their countries, especially to establish better cooperation for their return.”

As for the countries on the southern shores of the Mediterranean Sea, especially Tunisia, Macron hoped that Europe would recommend to these countries “to seek the help of surveys, experts and equipment (…) on their coasts to confront these traffickers”. A “respectful partnership”

He added, “This is what we are doing with the British. We agree to have British experts in Calais to help us dismantle the traffickers’ network, and we have achieved good results.”

Macron explained that he would offer the EU to “allocate more resources to transit countries and propose partnerships to these countries to avoid (migrant) outflows”.

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