One of President Barack Obama’s key talking points on the massive, troubled trade deal moving through the Hill this week is how important it is to U.S. standing in the world. “If we don’t write the rules, China will write the rules out in that region,” he said in his State of the Union address.
Yet for all the attention focused on the Trans-Pacific Partnership, there’s another issue stuck on the Hill that may be even more important for the U.S.’s geopolitical standing: reforms to the International Monetary Fund (IMF), agreed upon five years ago, but still waiting for approval by …read more
Source: European Voice
