A look at economic developments around the world (AP)

WASHINGTON - The United States opposed to backup immediately a European to lead the Monetary Fund International, saying that he wanted to open and rapid succession.

The resignation of French Dominique Strauss-Kahn has triggered a rush to find a new leader for the powerful organization which directs billions of dollars to stabilize the global economy.

Europe has staked his traditional position claim then even that the rapid growth of countries such as China and the Brazil said it is time to break this monopoly and seek a head of the IMF of a developing nation.

The United States, which has the largest share of votes for a single country, has refused to publicly weigh.

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TOKYO - The Japan economy has decreased in the course of the first quarter, veering in recession, as the expenditures of consumption and production of the plant wilted following the earthquake on March 11 and the tsunami.

The main Japanese shares Nikkei index fell 0.4% to 9,680.82. Elsewhere in Asia, Hang Seng in Hong Kong increased by 0.7%, S & P/ASX 200 the Australia rose 1.3%, the Korea of South collapsed ABN 1.9 percent index and benchmark of China's Shanghai Composite Index dropped by 0.5%.

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LONDON - Later in Europe, the FTSE 100 index leading British shares closed up 0.6%, Germany DAX rose 0.8% and the CAC 40 in France finished 1.3 per cent higher.

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Frankfurt, Germany - the ECB intensified its opposition to the proposals that the Greece not pay his debts in time, deepening a split with senior European officials on ways to fight against the eurozone debt crisis.

The ECB said it would cut Greek banks in support of emergency credit in the case of a debt restructuring. Cut the Greek banks would likely bank failures, say analysts.

It is a fierce rebuttal of comments by other top EU officials, who said that they would not exclude a stretch out repayments of bond volunteer.

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SHANGHAI - China environmental protection Department is repress the pollution caused by lead and other heavy metals after a spate of poisoning cases and reports that much of the country is contaminated by toxic substances.

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LONDON - UK retail sales grew up 1.1% in April by hot weather and an additional stay for royal marriage boosted shopping.

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SHANGHAI - China admitted that its showcase dam of the three Gorges, largest hydroelectric project of the world, has caused a series of environmental, geological and economic problems urgent.

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MADRID - Through Spain, the legions of blue-collar, gardeners to bricklayers, work for months without pay as employers are struggling to keep afloat in an economy shaking off the coast of the recession, burdened of huge debts and with slim prospects of any major improvement soon.

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TAIPEI, Taiwan - Taiwan, says that its economy grew by 6.5% in the first quarter in the strong global demand for its high-tech products.

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Singapore - Singapore has raised its economic growth after that a strong first quarter led by a surge in the production of forecasts in 2011.

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WELLINGTON, New Zealand - New Zealand Government unveiled a dark annual budget which provides a record deficit after a devastating earthquake earlier this year.