five countries BRIC

Five countries BRIC (Brazil, Russia, India, China and South Africa) IMF executive director in the joint statement signed by the harsh words, criticism of "IMF president of the request must come from Europe" is "worn" unwritten practice, called IMF should truly adhering to the selection of a new president, transparency, merit and the principle of competition to appoint the best qualified person, president, ignoring his or her nationality.chanel 2.55 bags 
According to the U.S. and Europe, "gentleman's agreement", since 1945, served as president of IMF are from Europe, the World Bank held by the Americans. Kahn, the French due to the resignation of sexual assault, Italy, Germany, has formed and began to support the UK Finance Minister Christine Lagarde French finance minister, took over as IMF Executive Officer, Europeans continue to lead the IMF.
However, the BRIC positive in a statement that the five countries hit back, saying the recent high-level officials in Europe "IMF Managing Director to continue to serve as the Europeans," concerns about public statements, and pointed out that these remarks with the 2007 Euro group president Jean - Claude - Junker (Jean-Claude Juncker) contrary to public statements, when he declared that "the next president will certainly not be a European," "Kahn will most likely be in the foreseeable future as IMF president last Europeans. "
BRIC coach from five countries against the IMF's attitude in Europe, a candidate for the area may not be good news.According to IMF president of the selection statement, 24 executive directors will vote on the final candidates, the voting weights of countries represented by the IMF for the right to vote.The major policy decisions are subject to the approval IMF more than 85% of the votesAs of May 24, China, Russia, India, Brazil and South Africa's voting power is 3.82%, respectively, 2.4%, 2.35%, 1.72% and 0.77%, the sum of 11.06%.  to pass, the loss of support of the five countries of BRIC will be no small loss.

It is worth mentioning that holds 1.47% of voting rights of Mexican central bank has also been elected Agustin - Carstens (Agustin Carstens) as the new President of IMF. Carstens Bloomberg News interview on Tuesday, frankly, has to communicate with U.S. officials, hoping to obtain U.S. support, after all, the U.S. holds 16.8% of the veto power.chanel handbags 
For the IMF by a European as the president continues to help solve the crisis in the euro zone's remarks, Carstens to be back, "Now that the crisis in Europe, who knows where it will end the crisis? We need to be able to coordinate the resolution on behalf of all Member States and candidates on all issues. "