IMF chief Kristalina Georgieva nominated US Treasury official Daniel Katz as first deputy managing director, pending board approval. He would succeed Gita Gopinath, who returned to Harvard after leaving the IMF.
On Wednesday, the US Treasury Department announced sanctions targeting about 200 companies and 80 individuals in third countries like China, Belgium, and Slovakia, who are accused of aiding Russia in procuring materials for its weapons program.
