IMF Chief Schweitzer Eyes End of Long IMF Reign
Pierre-Paul Schweitzer, 60, head of the International Monetary Fund since 1963, reportedly plans to retire as U.S. opposition to his re-election grows. The French conservative faced clashes with John Connally over policy, yet guided the fund through numerous crises and helped create Special Drawing Rights to bolster world finance.
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Silver Producer Mexico Tops Global Silver Output
Mexico remains the world’s leading silver producer, supplying a dominant share of global output across major mines and mining districts. Subsequent reports indicate sustained production and industry activity maintaining its top position in the market.
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