Developing nations seek IMF top job

While the smart money is increasingly moving towards Spanish Finance Minister Rodrigo Rato as Horst Kohler's successor at the IMF, developing countries have waded into the debate and staked their claim to the Fund's top job.

EU sources confirmed on Tuesday that the odds are on Spanish finance minister Rodrigo Rato to take over the post of managing director at the International Monetary Fund.

"No one has named him", an EU spokesman told EUpolitix, "but all ministers are looking to him as the can