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First Deputy Managing Director Gita Gopinath meets with the Canadian delegation including Governor Tiff Macklem during the 2022 Annual Meetings at the International Monetary Fund.

 

IMF Photo/Stephen Voss

13 October 2022

Washington, DC, United States

Photo ref: SV221013001.JPG

St Martin, Acrise.

 

A friend managed to get inside a week or so ago, and I have been wanting to return some time, so I checked online and found that St Martin is now open 10 - 4 every day.

 

I rushed out, and found it was indeed unlocked.

 

Set down a track through a wood, past some old cricket nets, which was part of an old minor country house, and there is St Martin, sitting in its churchyard, bellcote at the west end, looking peaceful.

 

A warden was weeding the path, welcomed me to the church, and confirmed it is open every day thanks to someone living in one of the flats in the once grand house.

 

Always great views from the gallery where the organ now takes most of the space.

 

A fine church, with several monuments, although the electric lights were impossible to find, then I noticed candles everywhere.

 

Another step nearer normal.

 

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ACRISE.

LIES the next parish south-eastward from Eleham. It is written in the survey of Domesday, Acres, taking its name from its high situation, and the plenty of oak trees growing in it. It is vulgarly called by the common people in the neighbourhood, Awkeridge, by which name I have sometimes seen it written, both in wills and deeds. The north-east part of it, in which part of the manor of Brandred lies, is in the hundred of Folkestone, and the remainder of it within this hundred of Loningborough.

 

Acrise is an obscure parish, which, like all the others on these hills, is, though poor, exceedingly healthy. It is situated great part of it on high ground, in a wild, dreary and flinty country, among those hills which are here very frequent and steep. It is rather more than two miles long, and about one mile broad. In the south-west part of it, encircled by a large grove of trees, is Acrise-court, a respectable brick mansion, seemingly of the age of Henry VII. and almost close to it, on the north side of the church, about a mile from which stands the parsonage, and a small hamlet of houses round Acrise-green. At some distance further is Hode, the house of which is built of stone, with arched windows and doors of the gothic form, belonging to Mr. Nicholas Marsh, of Eleham; and at the northern boundary of the parish is the hamlet of Brandred, near which there is some coppice wood. The large heath, called Swinfield minnis, extends along the eastern side of this parish, part of which is within the bounds of it. The soil is mostly a red earth, mixed with quantities of flints, the rest of it is chalk, a barren unfertile soil.

 

There is a fair held here, on the Tuesday next after Oct, 10, yearly.

 

Acrise, at the time of taking the general survey of Domesday, was part of the possessions of the bishop of Baieux, under the general title of whose lands it is thus entered in it:

 

In Nuniberg hundred, Anschitil de Ros holds of the bishop, Acres, which two brothers held, and each had a balimote; now it is for one manor, and it was taxed for one suling. The arable land is two carucates. In demesne there is one carucate and an half, and five villeins, with five borderers having one carucate. Wood for the pannage of ten hogs, aud a church. In the time of king Edward the Confessor it was worth forty shillings, and afterwards thirty shillings, now sixty shillings.

 

Four years after the taking of the above survey, the bishop of Baieux was disgraced, and all his possessions were confiscated to the crown; upon which the seignory of this manor seems to have been immediately granted to the above-mentioned Anschitil de Ros, the mesne tenant of it, who thenceforward became lord paramount, holding it immediately of the crown in capite. Of his descendants this manor was again held by the family of Cosenton, or Cossington as they were sometimes spelt, who resided both here and at Cosenton, in Aylesford.

 

This manor of Acrise, alias Okeridge, was granted to them to hold of the barony of Ross, as of the manor of Horton Kirkby, which seems to have been the chief manor of that barony, and in imitation of whose arms, Or, three roses, gules, the Cosentons bore Azure, three roses, or. Sir Stephen de Cosenton possessed it in the 7th year of Edward III. and that year obtained a charter of free-warrenfor his lands in Acrise, Cossyngtone, and Suthbertone. (fn. 1) At length, after it had continued in his descendants till the reign of king Henry VIII. Thomas Cosenton, esq. dying in the beginning of it without male issue, his three daughters became his coheirs, and shared a large inheritance between them; upon the division of which, this manor was allotted to the youngest, Elizabeth, married to Alexander Hamon, esq. who bore for his arms, Azure, three demi lions, passant-guardant, or. He afterwards resided at Acrise-place, as did his grandson Alexander Hamon, esq. who died possessed of this manor in 1613, leaving two daughters his coheirs; Elizabeth married to Sir Edward Boys, of Fredville, and Catherine to Sir Robert Lewknor, to the latter of whom, by his will, he devised this manor and estate. He afterwards resided at Acrise-place, and bore for his arms, Argent, three chevronels, gules. His descendants continued possessed of it till Robert Lewknor his grandson, in 1666, alienated it, with other estates in this neighbourhood, to Thomas Papillon, esq. of Lubenham, in Leicestershire.

 

The family of Papillon, or Papillion, seems to have been of good account in this kingdom in very early times; for I find Toraldus de Papilion, one of the witnesses to a deed of confirmation of William the Conqueror, to the church of Durham. William Papilion was one of king Edward I.'s faithful servants, and recommended by him to the abbot and convent of Leicester, for a corodie from that house in the 31st year of his reign. (fn. 2) And from him it is very probable the Papillons, of Lubenham, in that county, derive their descent and first settlement in it. Thomas Papillon, of Lubenham, the purchaser of this manor, was an eminent merchant of London, for which he served in parliament, as he had before done for Dover, and bore for his arms, Azure, a chevron, or, between three butterflies, or papillons, argent. He was of the Mercers company, to which he gave 1000l. Philip Papillon, his son, served in parliament several times for Dover, and once for New Romney. His first wife was Anne, eldest daughter of William Jolliffe, esq. of Staffordshire, by her he had a son David. He married secondly Susan Henshaw, by whom he had a son Philip, who was of East Malling, and three daughters. David Papillon, the eldest son, was chosen to serve in parliament for New Romney, and for Dover likewise. He was one of the commissioners of excise, and resided both here and at Lee. He died in 1762, leaving by Mary, daughter of Timothy Keyser, esq. of London, a son David, and five daughters. David Papillon, esq. the son, resided at times both here and at Lee, and was one of the commissioners of excise. By his first wife Bridget, daughter of William Turner, of the White Friars, Canterbury, son of William, by Anna-Maria Papillon, he had surviving seven children, Thomas, born in 1757, now lieutenant-colonel in the East Kent battalion of militia, and by his father's gift the present possessor of this manor and seat; Philip, rector of Eythorne, and vicar of Kennington; William, in orders likewise, of Wymundham, in Norfolk, who married the daughter of the Rev. Richard Drake, of that parish; John-Rawsterne, vicar of Tunbridge, and George, Elizabeth and Sarah. He married secondly Hester, daughter of the Rev. Dr. Curteis, of Sevenoke, and prebendary of Canterbury; by his second wife, who died s. p. in 1782. Thomas Papillon, esq. the eldest son above-mentioned, the present possessor of this manor, married Anne, daughter of Henry Pelham, esq. and now resides at Acriseplace.

 

Brandred is a manor, in the north-east part of this parish, having a hamlet of its own name within it, which, at the time of taking the general survey of Domesday, seems to have been part of the possessions of the canons of St. Martin's priory, in Dover, under the description of which it is entered thus: The land of Brandet pays twenty shillings and six-pence to St. Martin in alms. And a little below, under the same title of their possessions: Among the common land of St. Martin there are, among others, one hundred acres of land at Brand which acquit themselves, that is, are free from payment of custom and scot.

 

This manor continued part of the possessions of the church and priory of St. Martin above-mentioned, till its dissolution in the 27th year of the reign of king Henry VIII. when it was suppressed, as not having revenues to the amount of the clear yearly value of two hundred pounds, those of this priory not amounting to more than 170l. 14s. 11d. clear yearly income, and was surrendered that year, with all its lands and possessions, to the king's use. But they did not remain long in the hands of the crown, for the king, in his 29th year, granted the scite of the priory. with all lands and possessions belonging to it, except the patronage of certain churches mentioned in it, in exchange to archbishop Cranmer, (fn. 3) in whose successor, they have continued to the present time, his grace the archbishop being now entitled to the inheritance of it.

 

In the hamlet of Brandred, is an estate, the house of which, though now only a farm-house, was, as early as queen Elizabeth's reign, the property and residence of the Marsh's, descended from those of Marton, in East Langdon, and it continued so down to T.Marsh, of Brandred, who died in 1664, leaving by Anne, daughter of Thomas Nethersole, of Nethersole, in Wimlingswold, a son, John Marsh, who in 1665, removed thither, in whose descendants it has continued down to John Marsh, esq. of Salisbury, afterwards of Nethersole, who is the present possessor of this estate, but now resides at Chichester, in Sussex.

 

Charities.

A person unknown gave land in this parish, for the benefit of the poor, now of the annual value of 1l. occupied at present by John Sharp.

 

The poor constantly relieved are about eleven, casually nine.

 

Acrise is within the ecclesiastical jurisdiction of the diocese of Canterbury, and deanry of Eleham.

 

¶The church, which is dedicated to St. Martin, is but small, consisting of only one isle and one chancel, having a tower at the west end, with a low turret on it, flat at top, in which there is one bell. The church is kept very neat. In the chancel, on a stone, is a memorial and figure of a woman in brass, for Mary, wife of Peter Heyman, esq. daughter and coheir of William Tirrill, esq. of Essex, obt. 1601. On a stone, a memorial in brass, for Alexander Hamon, esq. obt. 1613. A monument for William Turner, esq. late of Grays-Inn, obt. 1729; married Anna-Maria, daughter of Thomas Papillon, esq. obt. 1738; arms, Turner, argent and ermine, three fer de molins, sable, a pale counterchanged in fess, on a chief, or, a lion rampant-guardant, between two roses, gules, impaling Papillon; and a monument for Anne, late wife of Mr. Philip Papillon, of London, merchant, eldest daughter of William Jolliffe, esq. obt. 1693. There are many hatchments of the Papillon family round the isle; between which and the chancel there is a large pointed arch, with zig-zag ornaments.

 

This church was given, about the reign of king Henry II. by William de Cosenton, lord of the manor of Acrise, to the priory of Leeds, to which the patronage of it afterwards belonged; but it never was appropriated, and archbishop Baldwin, who lived in that reign, granted out of it to the priory an annual pension of forty shillings. In which state the patronage of it continued till the dissolution of the priory, or abbey of Leeds as it was then called, in the 31st year of Henry VIII. when it came, with the rest of the possessions of it, into the hands of the crown, in which it has continued ever since, the king being the present patron of it.

 

The above-mentioned pension of forty shillings has not been paid since the dissolution of the priory.

 

This rectory is valued in the king's books at seven pounds, and the yearly tenths at fourteen shillings. In 1588 it was valued at eighty pounds, communicants sixty-eight. In 1640 the like number of communicants, and it was valued at one hundred pounds.

 

www.british-history.ac.uk/survey-kent/vol8/pp111-117

Photographer Francesco Fiondella, from the International Research Institute for Climate and Society (IRI), has visited four states in India to gather footage on the kinds of tools and technologies available to farmers to help them manage climate and weather risks. The trip was funded by the CGIAR Research Program on Climate Change, Agriculture and Food Security (CCAFS) and IRI. Please credit: F. Fiondella (IRI/CCAFS)

 

View Francesco's other photoset: Farmers in Mali.

Read more about our work in South Asia.

 

We managed to get to the Lake District for the Easter weekend. We were open at work on Good Friday so I had to be in at work for a couple of hours and didn’t set off until 9.00am. We had a quick café stop and then jumped on the M62. It took us until 2.00pm to get to Langdale. We crawled up the M61 and M6, reminding me why we used to avoid Bank Holiday traffic. Although staying in Ambleside we drove to Langdale to get a couple of hours walking in. Langdale was packed but we found a place to park at the foot of the pass up to Blea Tarn. We headed up Pike of Blisco – against a steady stream of walkers descending at this time in the afternoon. I didn’t bother taking photos to any great extent, it wasn’t great light, windy and the appalling weekend forecast had depressed me – this was supposed to be the best day and it was nearly over. After a nice settled spell, possibly the first in the north of England this winter (now officially British Summertime) heavy rain and gales were coming our way apparently.

 

Each morning I studied the maps trying to second guess the light, wind and crowds. On Saturday it was initially dry, much to our surprise, we parked in Coniston and set off up Walna Scar Road. It’s a long steep drag to the top of the pass, the cloud was down and thick, the wind was getting extreme as we got higher – and we didn’t see a soul! We were heading over Brown Pike onto Dow Crag, we weren’t likely to get lost on a ridge. By now it was raining hard and the wind was making staying upright difficult. We slid off the rocky summit of Dow Crag on our backsides, the safest way. We dropped on to Goats Hause, the wind was screaming through and but I guessed there would be some shelter if we headed for the Old Man of Coniston. We met the first person of the day here, arriving at the summit just before him. There was still winter snow on north facing slopes but the wind wasn’t as bad as Dow Crag. It was grim, 30 metre visibility and there was very little point in staying on the tops as originally planned. Jayne was up for heading straight down the tourist track through the quarries. We have only ever ascended it before but we set off down at a trot, passing some fell runners along the way. There was a steady stream of Easter trippers heading up and judging by the questions we were asked on the way down they had little idea of what they were heading in to or how far they were from the summit, and all in appalling conditions. Lower down it was quite calm and many had little idea of the severity of the conditions on the tops. The countryside was rapidly waterlogging again after the belated dry spell.

 

Sunday brought more very heavy rain and gales on the tops. What looked like snow had accumulated on high ground overnight. It was actually several inches of hail and was horrible underfoot, like small wet marbles but trapping a lot of water on the lower slopes below the freezing line. We parked at Patterdale and walked across slopes that the recent floods had wreaked havoc on, with a lot of remedial work to be done this summer. The plan was to get to Boardale Hause and decide whether to go high – over Place Fell – or head in to Boardale and stay low by doing a circuit of Place Fell. It was raining hard and there was a howling gale but it was behind us, the cloud had lifted a bit so we went high. The summit plateau was a nightmare, covered in slippy, wet, slushy hail with the wind nearly blowing us over. We went north straight over the top and down the other side, the top was in thick cloud but the lower slopes were clear and we legged it off the fell, descending by Scalehow Force waterfall, which was in fine form with the heavy rain. We followed the path above the shores of Ullswater back to Patterdale. Another wet walk.

Monday saw us parked a mile or so south of yesterday’s parking place in Patterdale at Bridgend. With the weather being bad people weren’t out early, even on a bank holiday, so we didn’t have a problem parking. There wasn’t a plan, we were just making it up. Today looked promising, Storm Katie was battering the rest of the country but missed the north for a change. The tops were wintry, again it was hail accumulations not snow, on the high ground it was on very old lying snow and very difficult on steep descents. We decided to take the steady slopes of Hartsop above How to Hart Crag, on to Fairfield and then hopefully over Cofa Pike on to St Sunday Crag, Birks and finally Arnison Crag. This was just less than ten miles and it turned out to be a very tough five hours, exhausting, particularly after the three previous days. A large coastguard helicopter circled us repeatedly and finally landed on the path we were following to Hart Crag, we assumed it was on an exercise. The ground was frozen above 2500 feet and walking was easier as the snow/hail was load bearing and we could yomp on a bit. It was like midwinter with frequent squally whiteouts blasting in. The wind would pick up first lifting the frozen hail in a frozen spindrift that bounced along several feet high blasting our faces, this was followed by, what was more like frozen drizzle than snow, fine, but hard, we could feel it through our clothes it came at us that hard. I decided that we would head straight over Cofa Pike to St Sunday. A mistake with hindsight. The lake of footprints was the first bad sign but we were committed. We lived to tell the tale but Jayne had a bit of a near miss. The crag down to Cofa is steep and it was covered in hail on old snow, the layer of hail was shearing away from the underlying snow and we had to go down on out backsides, keeping a tight grip as we went. At one point Jayne failed to arrest a slide that was above a steep and deep drop. I had hold of her from a position in front of her and to her left and I was fairly well anchored so I felt in control and was sure of the outcome. From her point of view it was frightening and it subdued her for the rest of the walk. She had also ripped the outer lining of her Paramo waterproof trousers as well. Considering that we were going downhill it was hard going, every step a slip or a slide, with the underlying grass saturated and a thin layer of hail it was an unpleasant walk off the fell. At the end of Arnison Crag we took a pathless shortcut – that we swore we would never use again years ago – to save around twenty minutes of walking. This was the only day I had the camera out all day and had to cover it with a dryliner bag whenever a heavy shower came in. I also broke the lens hood. We drove to Keswick for afternoon coffee and toast at Brysons. The new Paramo store across the square was the next stop for new trousers. These Paramos had cost £85 14 years ago and they have just brought a new model out. We had two choices, The old model was reduced to…..£85 – after 14 years we could pay the same price or we could return the old trousers - cleaned – and get a £50 voucher towards the new model, which are £135, or £85 with the voucher. The old ones were ¾ of a mile away in the car – unwashed – so we bought the old model. Needless to say we had a couple of drinks in the Golden Rule in Ambleside every night before our tea.

 

Managing Director Kristalina Georgieva speaks with President of the Rockefeller Foundation Rajiv Shah during lunch at the Pontifical Academy of Sciences.

 

IMF Photo/Antonio Masiello

14 May 2021

Vatican City State

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Managing Director Kristalina Georgieva, First Vice President of Spain and IMFC Chair Nadia Calvino, Secretary-General of the Organization for Economic Co-operation and Development (OECD) Mathias Cormann, President of the World Bank Group David Malpass, President for the 2021 COP26 conference Alok Sharma, and Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) Simon Stiell participate in the Getting to Net Zero with IFIs and Multilateral Partnerships Seminar during the 2022 Annual Meetings at the International Monetary Fund.

 

IMF Photo/Alison Shelley

12 October 2022

Washington, DC, United States

Photo ref: AS221012162.cr3

Managed a few longer exposures before the next rain storm. Always try a number of different exposure times. This one at 1.6 seconds is on the money for this stream of water feeding into the sea. I was looking for the silky look on the surface, but still retaining the bigger shapes in the water - the ripples in the stream, and from the wakes around the stones. Too long and you lose these, too short and the surface will look shinier, but rougher in textures. There is no formula for this - and every stream and tide will be different.

Students from the Zarb student managed investment fund visited Zarb House residents to discuss their most recent developments, along with Dr. Edward Zychowicz who is their faculty advisor and professor. They spoke to students about portfolio management and risk assessment. Both undergraduate and graduate Zarb students manage the fund and utilize Zarb’s Martin B. Bloomberg Trading Room, the largest academic trading room in the nation, with 34 Bloomberg terminals, in their assessment of fund allocation.

Septermber 24, 2011 - Washington DC. 2011 World Bank / IMF Annual Meetings. Press Briefing: Development Committee Chair, World Bank President Robert Zoellick, and IMF Managing Director Christine Lagarde. Photo: ©vSimone D. McCourtie / World Bank

 

Photo ID: 092411-DevComPress_105F

Julie Linn Teigland, Area Managing Partner, Europe, Middle East, India and Africa, EY, Germany speaking in the Press Conference : Closing the Disability Inclusion Gap session at the World Economic Forum Annual Meeting 2023 in Davos-Klosters, Switzerland, 18 January. Media Village - Press Conference Room. Copyright: World Economic Forum/Manuel Lopez

MTA Managing Director Veronique Hakim (left) provided update on Superstorm Sandy restoration and resiliency work on the seventh anniversary of the storm. The MTA also announced that MTA New York City Transit’s Coney Island Yard Complex, the largest rapid transit yard in the world, has reached a resiliency milestone with construction of a state-of-the-art elevated cable bridge that will supply traction power to the entire 74-acre facility, which stores and services 881 subway cars and deploys 71 trains into daily service across six lines.

 

Former MTA Chairman Joseph Lhota (right) spoke about the progress the MTA has made since the storm. Lhota was chairman at the time Sandy struck in 2012.

 

Photo: MTA New York City Transit / Marc A. Hermann

Managing Director Kristalina Georgieva has breakfast with other leaders before the G20 family photo at the Fontana di Trevi.

 

IMF Photo/Giuseppe Nucci

31 October 2021

Rome, Italy

Photo ref: G20 - IMF -31th October - HD with captions-2.jpg

Managed to make it to the beach this morning to catch the sunrise and breath in some fresh air, was a great way to start the day, this is at the Edge of Silver Sands looking towards Fort Trumbull Beach

I managed to get out with the camera the other afternoon, trying to get some autumn shots before the leaves disappear. The light over that last two weeks as been terrible, very dull but with flashes of beautiful light-I'm always at work or the wrong place as is usually the case. I popped up to Marsden, around Tunnel End. No filters just straight shots. At teatime , after work I legged it to Wessenden Head, up West Nab -one photo, just one! and the sun slipped behind a cloud never to be seen again - not that night anyway. I met Chris Nickerson on West Nab. We had never met before and stood for ages as darkness fell talking photography and road cycling.Occasionally taking a photo.Chris has some nice stuff on Flickr. We had almost the same kit with us.

I stayed until total darkness, taking photos when it was that dark I couldn't see the image in the wiewfinder. Digital sensors amaze me, the images look like they were taken in much lighter conditions. the giveaway is that the lights are all on in the distance. The morning after I went out early chasing some autumn sunrise photos. I went to South Crosland but |I was too early - can you be too early? I nipped back to work and unlocked and then went back to Helme Edge and set the tripod up - me with a tripod twice in 12 hours!- and waites fpr the sun to light Helme-and the steeple of the church I was married in. I nipped back to work but passing Blackmoorfoot Res' I saw some amazing light on the trees, I cuoldn't stop because of the rush hour traffic so reported into the girls in the office and shot back out for 15 minutes. I had to climb down to the waters edge but it was worth it.

Madagascar - Network of Managed Resource Protected Areas_4172

International Monetary Fund Managing Director Christine Lagarde (R) shakes hands with Central African President Faustin Touadera (L) at the presidential palace in Bangui, CAR on January 24,2017. IMF Staff Photograph/Stephen Jaffe

Linda Partridge, Managing Director, Max Planck Institute for Biology of Ageing, Germany speaking during the Session: “Ask About: Mechanisms of Ageing“ at the Annual Meeting 2019 of the World Economic Forum in Davos, January 25, 2018. Congress Centre – Science Hub.Copyright by World Economic Forum / Christian Clavadetscher

BLM managed lands in the Uinta Basin offer excellent mountain biking opportunities for riders of all skill levels. Riders can enjoy the many miles of unpaved roads or seek out more adventurous routes on the areas numerous singletrack trails. The Uinta Basin offers a unique variety of singletrack, from narrow desert trails in the Red Fleet and McCoy Flats areas, the forested and rocky Flume Trail in Dry Fork Canyon, or the technical challenge of the Rojo Trail.

 

Photos by Leslie Kehmeier, Mapping Manager, International Mountain Bicycling Association.

I managed to get out with the camera the other afternoon, trying to get some autumn shots before the leaves disappear. The light over that last two weeks as been terrible, very dull but with flashes of beautiful light-I'm always at work or the wrong place as is usually the case. I popped up to Marsden, around Tunnel End. No filters just straight shots. At teatime , after work I legged it to Wessenden Head, up West Nab -one photo, just one! and the sun slipped behind a cloud never to be seen again - not that night anyway. I met Chris Nickerson on West Nab. We had never met before and stood for ages as darkness fell talking photography and road cycling.Occasionally taking a photo.Chris has some nice stuff on Flickr. We had almost the same kit with us.

I stayed until total darkness, taking photos when it was that dark I couldn't see the image in the wiewfinder. Digital sensors amaze me, the images look like they were taken in much lighter conditions. the giveaway is that the lights are all on in the distance. The morning after I went out early chasing some autumn sunrise photos. I went to South Crosland but |I was too early - can you be too early? I nipped back to work and unlocked and then went back to Helme Edge and set the tripod up - me with a tripod twice in 12 hours!- and waites fpr the sun to light Helme-and the steeple of the church I was married in. I nipped back to work but passing Blackmoorfoot Res' I saw some amazing light on the trees, I cuoldn't stop because of the rush hour traffic so reported into the girls in the office and shot back out for 15 minutes. I had to climb down to the waters edge but it was worth it.

Okay, so I managed to get some interior pics of my local Walmart. :D This phone doesn't take pictures very fast, so some shots are blurred due to me moving the phone right after I pressed the button. I apologize for that.

 

Walmart Supercenter store 2093 at the Riverside Center (710 Horatio St) in Utica, NY. This store opened on March 21, 1995 as a Division 1 store and was expanded into a Supercenter in 2004.

Managing Director Kristalina Georgieva talks with former First Managing Director of the IMF John Lipsky during the 2022 Annual Meetings at the International Monetary Fund.

 

IMF Photo/Tom Brenner

12 October 2022

Washington, DC, United States

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Managing Director Kristalina Georgieva, European Central Bank President Christine Lagarde, Federal Reserve Chairman Jerome Powell, Minister of Finance of Indonesia Sri Mulyani, and Prime Minister of Barbados Mia Mottley participate in the Debate on the Global Economy during the 2022 Spring Meetings at the International Monetary Fund.

 

IMF Photo/Cory Hancock

21 April 2022

Washington, DC, United States

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Managing Director Kristalina Georgieva rehearses her IMFC Plenary speech at the International Monetary Fund.

 

IMF Photo/Cory Hancock

20 April 2022

Washington, DC, United States

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International Monetary Fund Managing Director Christine Lagarde (L) and Vera Songwe (R) Executive Secretary of the Economic Commission for Africa have a local coffee after meeting with the United Nations Economic Commission for Africa (UNECA) leadership December 15, 2017 in Addis Ababa, Ethiopia. IMF Staff Photo/Stephen Jaffe

Managing Director Kristalina Georgieva participates in an interview with the BBC’s Katty Kay during the 2021 Spring Meetings at the International Monetary Fund.

 

IMF Photo/Cory Hancock

7 April 2021

Washington, DC, United States

Photo ref: CH2104071442.arw

 

Managing Director Kristalina Georgieva meets with President of Togo Faure Gnassingbé at the Hotel Bristol.

 

IMF Photo/Lewis Joly

16 May 2021

Paris, France

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The Managing Director of the International Monetary Fund, Christine Lagarde, will today begin her three day visit to Rwanda, her first since she came to the helm of the institution in 2011. In an e-mail correspondence with The New Times’ Kenneth Agutamba, Lagarde sheds light on her institution’s current relationship with Rwanda and commends the country’s transformative and inclusive policies that have seen a significant decline in poverty levels.

You come here 20 years after the 1994 Genocide against the Tutsi. In your view, what has been the trigger for Rwanda’s rapid economic renaissance?

My main message to Rwanda is that “Good policies pay off.” Let me set this in a broader context by saying that I am very happy to have the opportunity to visit Rwanda at such a pivotal moment in its history. The horrific events that occurred 20 years ago tore the social and economic fabric of the country, and it is uplifting to see the progress in rebuilding, in peace efforts, and in improving the welfare of all Rwandans.

This truly is an example in terms of social and economic transformation. It proves that effective policies and inclusive growth can be transformational.

The economic performance has been remarkable, with strong annual growth for the past 15 years. This has helped Rwanda make progress towards achieving the Millennium Development Goals. The poorest have benefited from a focus on inclusive growth, with the poverty rate falling to 45 per cent of the population in 2011 from 60 per cent in 2000.

Of course, this rate is still high, but it is definite progress and we see the trend continuing. So, while there has not been a magic bullet or a single trigger, a holistic approach, that also included a focus on the agricultural sector, employment, and gender equality, has been instrumental in sharing the fruits of high growth more widely.

What is the status of IMF relations in Rwanda at present?

We have a very close economic policy dialogue and the IMF is currently supporting the government with a Policy Support Instrument (PSI) – designed for low-income countries that have graduated from financial support but still seek to maintain a close policy dialogue.

The PSI signals the strength of a country’s policies to donors, multilateral development banks, and markets. We also provide technical assistance as part of the Fund’s efforts to increase local capacity and know-how. We have an office in Kigali, where a resident representative, currently Mitra Farahbaksh, ensures our presence in the field.

Rwanda’s PSI, which is in its second year, supports Rwanda’s own policy priorities for strong and inclusive growth, with an emphasis on domestic resource mobilization, private sector development, export diversification, regional integration, and financial sector development.

We recently reviewed this programme and welcomed the country’s continued strong performance. We also agreed with the government that more work needs to be done to further reduce Rwanda’s reliance on aid and increase its resilience to external shocks.

What is your economic outlook for the country between now and 2020?

Our outlook for Rwanda is positive. The economy is recovering from a weak performance in agriculture and delays in related project implementation in recent years. Growth rebounded last year and inflation remains well contained. We expect GDP growth rates to rise gradually towards 7-7.5 per cent in the medium term, while inflation remains within the medium-term target of 5 per cent.

I am particularly impressed with the government’s continued commitment to poverty reduction.

As part of my stay here, I will be visiting the Agaseke Handicraft Cooperative and the ICT hub (knowledge Lab) in Kigali to see firsthand how the government has managed to improve the welfare of vulnerable and disadvantaged groups such as women and youth.

As your readers are aware, the Economic Development and Poverty Reduction Strategy for 2013–18 focuses on economic transformation, rural development, and youth employment. The strategy is rightly aimed at further reducing poverty.

I think that the continued rollout of planned measures and the successful inclusion of the private sector in leading economic development will help make sizeable inroads in making growth even more inclusive and in reducing inequality.

In a recent advisory by the IMF Board, they encouraged Rwanda to widen its tax base and put emphasis on domestic revenue sourcing. What is your advice on this?

We are devoting a significant portion of our technical assistance to support Rwanda’s efforts to reduce its dependence on foreign aid. The focus is appropriately on widening the tax base – not higher taxes, but all paying a fair share.

The government has already made significant progress in the areas of revenue administration.

The push to increase the number of registered VAT payers through the introduction of electronic billing machines, and the switch in the collection of local taxes and fees from the local governments to the revenue authority, should be useful in bringing more businesses under the tax system.

The introduction of tax regimes for agriculture and mining, and improvements in property taxation, should also help achieve the goal of providing budgetary resources for key expenditures, particularly those aimed at scaling up social spending and infrastructure in a context where donor resources are likely to be limited.

Lately, Rwanda has taken to raising money through bonds, do you think this is viable?

Rwanda’s successful Euro-bond issuance in 2013 demonstrated that market financing can play a complementary role in financing investment plans. Several other African countries have followed suit over the past year.

The key is to ensure that Rwanda’s debt remains sustainable. I welcome the government’s commitment to fully explore concessional financing options and private sector participation before considering the use of non-concessional resources.

At the same time, the government’s decision to begin issuing domestic currency bonds in 2014 was an important step in the process of developing and deepening local capital markets.

www.newtimes.co.rw/section/article/2015-01-26/185319/

Creating jobs remains a high priority for this country, but as you know the private sector is also still young. What should Rwanda do to address these two issues?

On private sector development, Rwanda’s potential depends critically on full implementation of ongoing reforms to attract foreign investment and boost exports. These include reducing the cost of doing business; improving infrastructure; supporting skills development; and tapping into regional markets.

The increased provision of lower-cost electricity and improved transportation should help facilitate diversification and business development.

On creating jobs, the government has identified three key priorities: skills development, the fostering of entrepreneurship for small- and medium-sized enterprises, and supporting household enterprises. We at the Fund share this emphasis on building the capacity of Africa’s greatest resource–its people. Increased investment in infrastructure can help put people to work.

The IMF’s latest Regional Economic Outlook for Sub-Saharan Africa projects regional GDP growth to pick up from about 5 per cent in 2013/14 to 5.75 per cent in 2015. That isn’t a big leap, is it? Can you elaborate on this?

Sub-Saharan Africa has made impressive progress over the past two decades, with growth averaging around 5 per cent. We expect that to continue in 2015, despite the impact of lower oil prices on some of Africa’s major oil exporting economies.

So there has been real progress, as growth has allowed for reducing poverty and improving living conditions.

For example, the number of people living on less than $1.25 a day in Africa has fallen significantly since 1990. But extreme poverty remains unacceptably high and not all countries are making progress. Some countries are still facing internal conflict and/or fragility.

Looking ahead, there are a number of longer-term demographic, technological and environmental challenges that need to be addressed in order to realise the ‘big leap’ that you refer to.

For instance, how can we tap into the productive capacity of Africa’s youth? How can Africa take advantage of technological innovation?

And how can we address the implications of climate change? Three broad policy priorities are crucial: building infrastructure, building institutions, and building people. Africa must also strengthen its institutional and governance frameworks to better manage its vast resources.

But the focus must be on people—with programmes aimed at boosting health and education and other essential social services. In fact, Rwanda is one of the countries that are effectively implementing policies in many of these areas.

The Ebola outbreak in West Africa has dealt a major blow to several African economies in the region. Can the effects of this blow spread to other parts of the continent?

The Ebola outbreak is a severe human, social and economic crisis that requires a resolute response. And the focus must be on isolating the virus, not the countries.

Strong efforts are underway in Guinea, Liberia and Sierra Leone, but it is unlikely to be brought under control before the second half of 2015.

The economic outlook for these countries has already worsened since September, when the IMF disbursed $130 million to the (three) countries to boost their response to the outbreak.

If the outbreak remains limited to the three countries, the economic outlook for the rest of sub-Saharan Africa remains favourable. Some neighbouring countries like The Gambia have seen an impact on tourism.

We are working with the governments of the three affected countries to provide additional interest-free financing of about $160 million, and expect our Board to make a decision in the next few days.

Following the endorsement by the G-20 leaders in Australia, we are also looking at further options to provide additional support to the Ebola-hit countries, including through the provision of donor-supported debt relief.

International oil prices have been tumbling, is this good for Rwanda and the other members of the EAC?

Indeed, oil prices have fallen recently, affecting both oil producers and consumers. Overall, we see the price decline as positive for the global economy. As an oil importer, Rwanda and indeed the East Africa region should benefit given that lower prices will most likely have a positive impact on growth whilst also easing inflation.

Countries can make use of this window of opportunity to reduce universal energy subsidies and use the savings toward more targeted transfers that benefit the poor.

Recently, the East African Community, a regional bloc to which Rwanda subscribes, reached a landmark Economic Partnership agreement (Epa) with Europe. Do you think that these countries need such agreements?

The EPA is designed to enhance commercial and economic relations, supporting a new trading dynamic in the region and deepening cooperation in trade and investment. It can serve as an important instrument of development in many respects.

It can promote sustained growth, increase the productive capacity of EAC economies, foster diversification and competitiveness, and, of course, boost trade, investment and employment. Rwanda is a key member of the EAC that has worked hard to create a conducive and transparent business environment. So it should benefit from this agreement.

Managing Director Kristalina Georgieva meets with President of Niger Mohamed Bazoum at the International Monetary Fund.

 

IMF Photo/Cory Hancock

15 December 2022

Washington, DC, United States

Photo ref: CH221215020.jpg

Managing Director Kristalina Georgieva visited Matipula School in Chongwe District, Zambia.

 

IMF Photo/Kim Haughton

23 January 2023

Lusaka, Zambia

Photo ref: KEH05351.ARW

When you think you’re gonna get a balcony, and you end up eating your lousy dinner amongst drying laundry. VA12.

Managing Director Kristalina Georgieva speaks at her press conference during the 2021 Spring Meetings at the International Monetary Fund.

 

IMF Photo/Joshua Roberts

7 April 2021

Washington, DC, United States

Photo ref: _JR26155.ARW

 

Monkey's Head Nebula.

 

Only managed to grab 3 hours of data on this so far so it's still a bit rough n ready. Hopefully get some more when there's another clear night.

Agenda, Wednesday, June 5

0830 Registration of Participants

0900 Welcoming Remarks

Mr. Ernest Z. Bower

Senior Adviser and Sumitro Chair for Southeast Asia Studies

Center for Strategic and International Studies

0915 Presentation: "The South China Sea in Focus"

Mr. Gregory Poling

Research Associate, Sumitro Chair for Southeast Asia Studies

Center for Strategic and International Studies

0945 Break

1015 Significance of the South China Sea Dispute

Speakers:

Dr. Patrick M. Cronin

Senior Advisor and Senior Director, Asia-Pacific Security Program

Center for a New American Security

Mr. Alexander Metelitsa

Economist

Energy Information Administration, U.S. Department of Energy

Mr. Murray Hiebert

Deputy Director and Senior Fellow, Sumitro Chair for Southeast Asia Studies

Center for Strategic and International Studies

Moderator:

Mr. Ernest Z. Bower

Senior Advisor and Sumitro Chair for Southeast Asia Studies

Center for Strategic and International Studies

1145 Break for Lunch

1200 Luncheon & Keynote Speech

Keynote Address:

Mr. Joseph Y. Yun

Acting Assistant Secretary for East Asian and Pacific Affairs

U.S. Department of State

Moderator:

Mr. Ernest Z. Bower

Senior Advisor and Sumitro Chair for Southeast Asia Studies

Center for Strategic and International Studies

1315 Break

1330 Recent Developments in the South China Sea

Speakers:

Dr. Wu Shicun

President

National Institute for South China Sea Studies

Dr. Renato C. De Castro

Professor

De La Salle University

Dr. Yann-Huei Song

Research Fellow

Institute of European American Studies

Dr. Tran Truong Thuy

Director, South China Sea Studies Program

Diplomatic Academy of Vietnam

Moderator:

Mr. Murray Hiebert

Deputy Director and Senior Fellow, Sumitro Chair for Southeast Asia Studies

Center for Strategic and International Studies

1500 Break

1515 South China Sea in Regional Politics

Speakers:

Amb. Hemant Krishan Singh

Wadhwani Chair in India-U.S. Policy Studies

Indian Council for Research on International Economic Relations

Vice Admiral Hideaki Kaneda, JMSDF (ret.)

Director, The Okazaki Institute

The Japan Institute for International Affairs

Dr. Carlyle A. Thayer

Emeritus Professor

University of New South Wales, Australian Defense Force Academy

Dr. Donald K. Emmerson

Director, Southeast Asia Forum

Stanford University

Moderator:

Mr. Murray Hiebert

Deputy Director and Senior Fellow, Sumitro Chair for Southeast Asia Studies

Center for Strategic and International Studies

1700 End of Day One

Agenda, Thursday, June 6

0800 Registration of Participants

0900 Role of International Law in Managing the Disputes

Dr. Xinjung Zhang

Associate Professor of Public International Law

Tsinghua University Law School

Mr. Henry S. Bensurto, Jr.

Secretary General, Commission on Maritime and Ocean Affairs Secretariat

Department of Foreign Affairs, Philippines

Dr. Peter Dutton

Professor and Director, China Maritime Studies Institute

U.S. Naval War College

Dr. Nguyen Dang Thang

Vietnam Lawyer’s Association

Moderator:

Mr. Ernest Z. Bower

Senior Advisor and Sumitro Chair for Southeast Asia Studies

Center for Strategic and International Studies

1030 Coffee Break

1045 Policy Recommendations to Boost Cooperation in the South China Sea

Ms. Bonnie S. Glaser

Senior Adviser for Asia, Freeman Chair in China Studies

Center for Strategic and International Studies

Mr. Leonardo Bernard

Research Fellow, Centre for International Law

National University of Singapore

Mr. Christian Le Miere

Senior Research Fellow for Naval Forces and Maritime Security, Defense and Military Analysis Program

International Institute for Strategic Studies

Moderator:

Mr. Ernest Z. Bower

Senior Advisor and Sumitro Chair for Southeast Asia Studies

Center for Strategic and International Studies

1215 End of Conference

The Tripartite Action to Protect and Promote the Rights of Migrant Workers within and from the Greater Mekong Subregion (GMS TRIANGLE) project aims to reduce the exploitation of labour migrants by contributing to the development of legal and safe recruitment channels and improved labour protection mechanisms.

 

Funded by AusAID, one specific mechanism of the GMS TRIANGLE project is managed cross-border migration services, as shown here in Lao PDR.

  

© ILO/A.DOW

Managing Director Kristalina Georgieva participates in an interview with CNN’s Christiane Amanpour at the International Monetary Fund in Washington, D.C. on June 22, 2020. IMF Photo/Cory Hancock

We managed to get up to The Lake District for a few days at Easter. We got away from work on Good Friday afternoon and spent three hours covering 110 miles, the M61 and M6 were very slow or stopped. As ever once there we soon left the hassle behind. We were using a B&B that we used very regularly for ten years until the owner passed away quite suddenly. Now under new ownership it has been totally gutted and refurbished, it’s very nice but twice as expensive.

 

We were out in good time on Saturday, it was dull and cool but very calm. I’d deliberated for ages as to where to walk, wanting to avoid the worst of the Easter crowds. It was the busiest I’d seen the Lakes for a long time amd the North Lakes in particular had stunning weather, the South Lakes had dense fog in places until the afternoon and was much cooler – but not cold. Parking in Patterdale we headed up Arnison Crag, on to Birks aiming for St Sunday Crag. This was where it started to go wrong. I got a sudden pain in my right ankle, near a previous serious ankle injury, it’s not unusual to get a bit of pain in this ankle but it got worse. My ankle felt like it was in a vice. On the plus side the cloud which was very low initially was clearing higher at the same speed that we were climbing. We scrambled over Cofa Pike through some snow on to Fairfield and for a change the summit was clear with glorious views. I had to undo my gaiter and slacken my boot, my ankle was swelling and bruising. I took paracetemol and carried on – I didn’t have much choice really. We walked to Hart Crag out to Dove Crag, back to Hart Crag as we wanted to head down over Hartsop above How. We stopped for a quick sandwich and pot of lemon tea before heading down the rocky path. By now I was suffering but still able to walk fairly fast. The yomp back along the road to Patterdale was tough. We covered 11.5 miles in around five hours, which was OK for a first walk in the mountains for a while. We drove to Keswick wanting to get to Brysons tearooms for cake and coffee. Keswick was packed and sunny and we had to walk in half a mile, that was painful, my ankle was agony until I got it loosened up. Toasted Plum Bread, apple pie and ice cream and coffee made up for the grief.

 

On Sunday I knew I couldn’t walk much. I was applying Ibuprofen Gel regularly but it was going to be a car and camera day. There was dense fog when we set off so I decided we needed to be somewhere attractive when it started to clear, I just didn’t know when that was going to be. We drove into Langdale and the fog broke to reveal Blue sky and the top of the Langdale Pikes, it was fantastic. I immediately thought of Blea Tarn and drove up the pass out of Langdale. I expected to find, as is usual, tripods in a row, with photographers clicking away. There wasn’t a soul, it was so calm and peaceful – and beautiful – I couldn’t believe my luck. I limped as fast as I could to the Tarn, unfortunately an overnight camper, who I chatted with about the beauty, reflections and the camera I was carrying, did her best to encourage her dog into the water and she got in to get washed. It was so calm that the ripples would cross the entire tarn and spoil the photos. I shot as quick as I could, moving away from her all the time. I think I had around 15 minutes at the most before a breeze – that I couldn’t feel – started to ripple the water. The reflections disappeared and it was over. Without the bad ankle I would have missed this tranquillity as we would have been toiling up out first climb of the day. The fog stayed put in the South Lakes but we headed north over Dunmail Raise to blue sky and 17 degrees.

 

On Monday after 36 hours of Ibuprofen I felt that my ankle would stand a six or seven miler – but where? We had very thick fog in Ambleside so again I drove over Dunmail Raise and again it was fantastic. I could see the chance of some good photos around Thirlmere but I had to get waterside at a point where the view wasn’t obstructed with saplings and bushes growing out of the water. This was easier said than done, it took three attempts to get a decent location. I had reflections, hanging mist, water and mountains – and wet feet again, fortunately I had my walking boots and socks to put on for the walk ahead. After my photo chase we parked at Steel End and headed up the steep nose of Steel Fell. It’s a tough climb but the view over Thirlmere was great. We could see the wall of fog to the south and I was looking forward to getting to the top, hoping that we would be able to see over it with mountains poking out of a sea of white. This was exactly as it was, the Lion and the Lamb on Helm Crag looked like an island in the sea of mist. We walked along the ridge to Calf Crag with clear views to the north and a sea on mist to the south, it looked like the right choice again. We were going to head down Wythburn back to Thirlmere. Wyth Burn runs through a secluded hanging valley through an area called The Bog. I’ve walked down here a few times and at first glance it looks dry – they didn’t name it The Bog for nothing – it is extremely wet. It doesn’t matter how high you walk to avoid it – you can’t! We were wet above the gaiters by the time we got back and it was tough on the ankle. Brysons here we come, another beautiful hot day in Keswick but back to work tomorrow.

 

International Monetary Fund Managing Director Christine Lagarde (R) speaks with Arundhati Bhattacharya, Chairman of State Bank of India at an event in Reserve Bank of India, Mumbai, March 17, 2015.

FINALLY, I managed to capture chaseriders’ last remaining commander 187! Not my best photograph but I’ve failed to photo this several times! A few times I’ve seen it and missed the chance to grab a photo, other times I’ve mis-timed it when it’s coming down the road.

 

And the most annoying of all, once when it was falsely tracking!

 

However I’ve successfully (ish) managed photograph it this time!

Managing Director Kristalina Georgieva participates in an interview with Sky News Arabia before the V20 Ministerial Dialogue during the 2022 Annual Meetings at the International Monetary Fund.

 

IMF Photo: Andrew Caballero-Reynolds

16, October, 2022

Washington, DC, USA

Photo ref:ACR221016.024

I managed to get out with the camera the other afternoon, trying to get some autumn shots before the leaves disappear. The light over that last two weeks as been terrible, very dull but with flashes of beautiful light-I'm always at work or the wrong place as is usually the case. I popped up to Marsden, around Tunnel End. No filters just straight shots. At teatime , after work I legged it to Wessenden Head, up West Nab -one photo, just one! and the sun slipped behind a cloud never to be seen again - not that night anyway. I met Chris Nickerson on West Nab. We had never met before and stood for ages as darkness fell talking photography and road cycling.Occasionally taking a photo.Chris has some nice stuff on Flickr. We had almost the same kit with us.

I stayed until total darkness, taking photos when it was that dark I couldn't see the image in the wiewfinder. Digital sensors amaze me, the images look like they were taken in much lighter conditions. the giveaway is that the lights are all on in the distance. The morning after I went out early chasing some autumn sunrise photos. I went to South Crosland but |I was too early - can you be too early? I nipped back to work and unlocked and then went back to Helme Edge and set the tripod up - me with a tripod twice in 12 hours!- and waites fpr the sun to light Helme-and the steeple of the church I was married in. I nipped back to work but passing Blackmoorfoot Res' I saw some amazing light on the trees, I cuoldn't stop because of the rush hour traffic so reported into the girls in the office and shot back out for 15 minutes. I had to climb down to the waters edge but it was worth it.

Managed to time this when a water drop formed in the spiders mouth.

The youngsters manage to thwart another encroachment by the vultures!

 

I posted a bit yesterday about the Great Blue Heron nest but did not post any shots. Will try to make up for it today and will actually overload everyone with a number of shots from yesterday. Will just say that the Turkey Vultures fly by and hang around the tree constantly. That’s the bad news. The good news is that the four youngsters are very capable of warding them off and making the vultures keep their distance. The vultures seem easily intimidated by the herons. All of these captures were made within about an hour. From the actions of the juveniles a person can tell that they are very capable of flying but are extremely hesitant to leave the safety of the nest. They extend their wings and fly from the branch on the left to the nest quite often, but that is about the extent of their movement. One of the adults paid a brief visit to the nest but none of the youngsters approached and it flew off after a very brief stay. They looked quite bewildered after the incident, but went back to their normal routine after a few minutes. Let’s hope that they soon fledge and make their way to the water’s edge very quickly. These scenes are not in any particular order.

 

I am going to leave them all open for comment, but don't feel as if you have to make any comments at all.

  

DSC04555uls

Managing Director Kristalina Georgieva and John Kerry, Special Presidential Envoy for Climate, participate in a seminar titled “A Critical Year for Climate Action: A Conversation between Kristalina Georgieva and John Kerry” moderated by CNN International Anchor Becky Anderson during the 2021 Spring Meetings at the International Monetary Fund.

 

IMF Photo/Joshua Roberts

7 April 2021

Washington, DC, United States

Photo ref: _JR17577.ARW

 

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Vienna Business School

Legal form - funds

Seat Wien 4, Schwarzenbergplatz 14

Head Dr. Rainer Trefelik (chairman), Mr. Martin Göbel (managing director)

Business school operators

Website www.vienna -business school.at

The Vienna Businnes School is a term for educational institutions with an economic focus, which are operated by the Fund of the Viennese Merchants (Wiener Kaufmannschaft) in Vienna and Mödling.

Overview

Under the umbrella brand name Vienna Business School, by the Funds Wiener Kaufmannschaft six commercial colleges and six trade schools are operated . Furthermore, commercial colleges , an advanced course as well as the in cooperation with the Vienna Chamber of Commerce founded higher educationals courses of the Vienna Economy (Wiener Wirtschaft) are offered. The minority interest in the Humboldt institutions is a further commitment in the field of education.

According to the statutes of the Funds of the Wiener Kaufmannschaft these educational institutions are expressly operated with the aim to educate economically competent junior staff for the Viennese economy. The establishment of the graduate network the Vienna Business Circle serves the members even after the conclusion as an information and communication platform.

The Funds of the Wiener Kaufmannschaft began in 1954 in the area of the ​​schools with a building and renovation program that is consistently continued in the following years. The 3-year economic education of the business school offers the best basis for professional practice in all branches of business and management. English as a foreign language is part of the curriculum, a second modern foreign language can be chosen freely. Here, too, the focus is put on key course elements such as entrepreneurship or information technology. Practical experiences in practice firms and communication and presentation training are integrated into the teaching. Another part of the education are voluntary work placements, accredited IT and language certificates can be obtained separately.

As biggest private school holder next to the Catholic Church, the funds with its offers and services in the field of business-oriented education and training is a leading operator in Austria. Under the umbrella branch name Vienna Business School six commercial colleges, three colleges, two advanced courses, two HAK Plus as well as six business schools in Vienna and Lower Austria are operated, all of which offering a robust economic formation and continuing education with different focal points.

Educational offering

Currently priorily commercial colleges and trade schools are run. In detail, these are:

HAK/HAK I Akademiestraße

HAK II/II HAS Hamerlingplatz

III HAK/HAS III Schönborngasse

HAK/HAS Augarten

HAK/HAS Floridsdorf

HAK/HAS Mödling

College of Arts Management at the VBS Akademiestraße

Commercial College - City Tourism & Event Management

HAK Plus - Schönborngasse & Mödling

History

The Business Academy Vienna (after Prague) was founded in 1857 as the second commercial academy in Austria-Hungary, in the following year, the class began with 5 teachers and 59 students. The first president of the Academy of Commerce was Friedrich Schey of Koromla. The building of the Commercial Academy in the Akademiestraße near the Karlsplatz was designed by the architect Ferdinand Fellner the Elder and completed in 1862.

The New Vienna Commercial Academy was founded by the Vienna Mercantile Association in 1905. The school building was built 1906-1907 at Hamerlingplatz after the design of Julius and Wunibald Deininger. Also in 1907, by the physicist Dr. Olga Ehrenhaft-Steindler the first Viennese Commercial Academy for Girls was established in the Schönborngasse. In the other business schools girls were not taught until 1921 and in separate classes.

The Vienna Commercial academies were taken over by the Board of the Vienna merchants in the 1920s, in the period 1940 to 1954 the city of Vienna took over the sponsorship. All Vienna Commercial Academies were introduced after 1952 in the newly established funds of the Wiener Kaufmannschaft and received in doing so new names: Trading Academy was renamed HAK I, the New Business Academy in HAK II, the Vienna Commercial Academy for Girls in HAK III. 1957 was set up in what was then the district of Vienna Mödling (it now belongs to Lower Austria) another commercial academy in a former trade school, the HAK IV.

Since 1997, trade academies operate under the name Vienna Business School.

Prominent students and graduates

Listed are prominent graduates (main factor is the prominence), with completion date if known.

Graduates of the Commercial Academy in Vienna before the First World War

Ekkehard Arendt (actor)

Franz Josef Brakl (opera singer and theater director)

Hugo Breitner (finance politician), 1893

Richard Eybner (actor)

Walther Federn (economist, economic journalist )

Franz Gallent (politician, SDAP )

Andre Gassner (Industrial)

Josef Hellauer (forerunner for the establishment of business economics as a science), 1894

Emil Justitz (actor)

Leo Lania (writer )

Henry Lehrman (actor and producer)

Julius Linder (politician, SDAP )

Georg Luger (inventor)

Leopold Mayer (economist)

Josip Murn (lyricist)

Hans Schürff (politician)

Hanus Schwaiger (painter and educator)

Ernst Stern (set designer)

Arthur von Scala (engineer, economist)

Karl Weller (politician, VF)

Graduates of business colleges of Vienna after the First World War

If known, the number of the business academy is included.

Otto Basil (writer)

Carlo Böhm (actor)

Otto Broschek (founder Gebro Pharma), 1921 at the Business Academy I

Fritz Hungerleider (religious scholar, Buddhist) - nomen est omen - starveling!

Eduard Klein (writer)

Leo Kofler (philosopher)

Hans Lang (composer)

Otto Sagmeister (politician, SPÖ)

Otto Schweda (politician, SPÖ ), 1937

Graduates of business colleges of Vienna after the Second World War

If known, the number of the business academy is included.

Fritz Aichinger (politician, ÖVP)

Michael Amon (writer), at the Business Academy I

Helga Braunsrath (politician), 1962 at the Business Academy III

Bernhard Dworak (politician, ÖVP), 1969 at the Business Academy I

Herbert Eisenstein, 1962 ( politician, FPÖ)

Christine Heindl (politician, Green)

Herbert Hufnagl (journalist)

Radek Knapp (writer)

Heinz Fischer (politician SPÖ, since 2004 President)

Andrea Kuntzl , 1977 (politician, SPÖ)

Michael Ludwig, 1980 ( politician, SPÖ)

Ferdinand Maier (politician, ÖVP), 1971

Lukas Mandl (politician, ÖVP), at the Business Academy III

Michaela Mojzis (politician, ÖVP)

Detlev Neudeck, 1974 (politician, FPÖ/AAF)

Sieghardt Rupp (actor)

Karl Schneider (politician, ÖVP)

Gabriele Tamandl, 1986 (politician, ÖVP)

Desirée Treichl-Stürgkh (publisher), at the Business Academy I

Monika Vana (politician, Green ), 1988 at the Business Academy I

Graduates of the Vienna Business School(s)

Desirée Treichl- Stürgkh journalist

Ingrid Thurnher (ORF ZIB journalist and presenter)

Elisabeth Colditz (cabaret)

Martin Essl (BauMax AG)

Brigitte Jank (Chamber President)

Heinz Kammerer (Wein & Co)

Alexandra Reinprecht (opera singer)

Rudolf Tucek (Vienna International Hotel Management)

Gerhard Weber (anthropologist at the University of Vienna)

Prominent professors and lecturers

(sorted by time)

Adolph Wagner (1858-1863)

Adolf Beer (1858-1868)

Franz Xaver von Neumann Spallart (from 1863)

Rudolf Sonndorfer (from 1872)

Heinrich Friedjung (1873-1879)

Emil Steinbach

Karl Zehden

Otto Neurath (1907-1914)

Wladimir Eliasberg (1928-1937)

Ernst Robetschek (1936-1938)

Erik Arnberger (1946/1947)

Franz Richter

www.flickr.com/activity/photostream/

International Monetary Fund Managing Director Dominique Strauss-Kahn (R) is greeted by South African President Jacob Zuma (L) at the President's House Tuynhuys March 9, 2010 in Cape Town, South Africa. Strauss-Kahn is on his second leg of a three country visit to Africa. IMF Photograph/Stephen Jaffe

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