Steinitz: Slim chance Fischer will win IMF bid

Bank of Israel Governor Stanley Fischer has little chance of winning the race to head the International Monetary Fund, Israeli Finance Minister Yuval Steinitz told Army Radio on Sunday.

Fischer, 67, would be a significant challenger to front-runner Christine Lagarde but the IMF would have to change its rules that no one be appointed to the post over the age of 65 nor hold the five-year post beyond the age of 70. (Reuters)