BRUSSELS, Oct. 25 (UPI) -- Head of the International Monetary Fund called the power shift agreed to in South Korea during the weekend the most significant change in IMF history.
"This makes for the biggest reform ever in the governance of the institution," Dominique Strauss-Kahn said, referring to an agreement among the financial ministers of the Group of 20 nations to give more voting power to "dynamic, emerging economies," the EUobserver reported Monday.