Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Kristalina Georgieva, the World Bank`s chief executive, was selected by European governments as their candidate to head the International Monetary Fund following an acrimonious process in which the result was initially contested by some member states.

Things are going to slide, slide in all directions
Won't be nothing
Nothing you can measure anymore
L. Cohen
by john_evans (john(dot)evans(dot)et(at)gmail(dot)com) on Sat Aug 3rd, 2019 at 11:32:34 AM EST
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DICTION CORNER: Business Continuity Planning
BCPs are an important part of any business. Threats and disruptions mean a loss of revenue and higher costs, which leads to a drop in profitability. And businesses can't rely on insurance [BWAH!] alone because it doesn't cover all the costs and the customers who move to the competition.
< wipes tears >
Aside from Bloomberg boilerplate TROPES, I note with interest in the article Georgieva's short-form c.v. ticks more than a few boxes, indicating subject matter experience with "investment hurdles" not normally associated with crazy IMF institutional knowledge and ahhh leadership.

deck chairs
presidency [sic] recently went to [US] American David Malpass. uh oh.
The odious World Bank is a subsidiary of the IMF. Few care who is the chief of the WB. The principle functions of this institution is (1) lead generation to borrowers and (2) supplementary IMF loan creation and reporting.

Diversity is the key to economic and political evolution.

by Cat on Sat Aug 3rd, 2019 at 12:46:14 PM EST
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