The EU could lose out in terms of power in the International Monetary Fund (IMF) as the body is expected today to endorse a major overhaul of voting rights.
At an IMF meeting in Singapore on Sunday, the organisation's steering committee – the International Monetary and Financial Committee – backed reforms which boost the decision-making powers of emerging economies such as China, South Korea, Turkey and Mexico.
The IMF is a key international organisation which seeks to secure mon...
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