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The 16 nations that use the euro — introduced in 1999, and one of the proudest European accomplishments — must submit to the monetary leadership of the European Central Bank.
Glenn Stevens is leaving his post as governor of the Reserve Bank of Australia and is passing the torch of monetary leadership to Philip Lowe.
Though the impact of SocGen's rogue trader would still have been felt, it would likely have been muted by the exuberance and relief felt as a result of the Fed's monetary leadership.
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However, the ICTD noted the "unhealthy competition" among different aid and development agencies, including between the OECD and the International Monetary Fund, for overall leadership in the tax and development field.
Almost by accident, the conspiracy theories cut straight to what many economists consider a fundamental weakness in China's monetary policy, and the leadership knows it.
"We also believe there is a strong need for a stable, predictable and more diversified international monetary system," the BRIC leadership tersely stated.
The leadership of the monetary fund and the World Bank will underscore these problems at the meetings in Washington.
The leadership change at the monetary fund comes at a sensitive time.
election coincides with European efforts to keep the leadership of the International Monetary Fund, following the resignation of Dominique Strauss-Kahn, who is facing attempted rape charges in New York.
Representative Ron Paul (R-TX) assumes the leadership of the Domestic Monetary Policy Subcommittee of House Financial Services.
Mikhail Khodorkovsky, a businessman who dared to challenge the country's leadership and amass political and monetary wealth, has found himself imprisoned for years.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com