The International Monetary Fund chief runs the famously bureaucratic organization in a collegial fashion even as she challenges orthodoxy. On the eve of her appearance at the Women in the World summit, Daniel Gross explains the critical role she plays in the global economy.
The 21st century dispute between Europe and Russia over the Crimea won’t include another Charge of the Light Brigade. But the financial cavalry did come riding to the rescue, in the form of the International Monetary Fund.
In late March, the IMF agreed to offer between $14 billion and $18 billion of funding and support to Ukraine’s government, as it attempts to wean itself from the cheap financing and energy that Russia had used to keep the former Ukrainian government firmly in its thrall.