Merkel supports Lagarde for IMF chiefJune 2, 2011 - 11:09 AMT PanARMENIAN.Net - German Chancellor Angela Merkel says she supports French Finance Minister Christine Lagarde to be the next head of the International Monetary Fund. Merkel said in a speech in Singapore on Thursday, June 2, that Lagarde was the "ideal embodiment" of the economic and political experience necessary to lead the IMF. Merkel said developing countries should take an "unbiased look" at Lagarde's candidacy to replace Dominique Strauss-Kahn, who was arrested last month in New York on rape charges. So far, Lagarde and Mexican central bank governor Agustin Carstens have announced they are candidates to be the IMF's managing director. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Narek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28. Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia. Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports. Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. |