BREAKING NEWS

Steinitz: Age, politics get in way of Fischer's IMF bid

By JPOST.COM STAFF

JUNE 12, 2011 18:38

Bank of Israel Governor Stanley Fischer's chances to become head of the International Monetary Fund are "not amazing," Finance Minister Yuval Steinitz told Army Radio on Sunday.

While wishing him luck in his candidacy for the IMF position, Steinitz said that the main obstacles standing in Fischer's way were age and politics. "The problem is that the choice will become political, but it is hard to find someone more suitable for the role than Stanley, both from a professional point and because he served as a deputy at the IMF."

Steinitz's comments come a day after Fischer said he had decided to stand as head of the International Monetary Fund, presenting a potential serious challenge to front-runner Christine Lagarde.

Kenya, Somalia strengthen bilateral ties with new collaboration agreement

By THE MEDIA LINE STAFF

05/08/2024 03:54 AM

US CIA director to travel to Israel on Wednesday for talks with Netanyahu

By REUTERS

05/08/2024 12:47 AM

IDF destroys launchers responsible for an earlier attack

By MAARIV

05/07/2024 11:44 PM

Suspicious aerial target intercepted near Eilat, Israel

By MAARIV

05/07/2024 11:39 PM