Good morning from the Financial Times.

Today is Monday, October 11th, and this is your F-T news briefing.

The IMF holds its big annual meetings this week, but all the talk is over whether the

fund's chief should keep her job.

We'll talk about China's electric vehicle battery maker, BYD, and its plans to go global.

And our science editor, Clive Cookson, shares his reporting on a potential new treatment

for depression.

So it's desperately needed medically, and also its exciting technology.

I'm Lauren Fedor, in for Mark Filipino, and here's the news you need to start your day.

The International Monetary Fund kicks off its annual gathering today, with the fate of

the fund's leader very much endowed.

Kristalina Georgieva has been accused of manipulating data to favor China, while she was at the

World Bank several years ago.

The scandal has divided IMF members, with the US pushing for her to go, and European

powers wanting her to stay.

Here's the F-T's Colby Smith.

Well, it's very, very awkward, I don't really know other way to describe it.

I mean, you have the executive board split into two camps at this point.

So the US and Japan, which are the funds to biggest shareholders, are on one side.

And you have France, Germany, Italy, and the UK lining up in support of Georgieva.

And according to people familiar with the matter, China and Russia are also aligned with

the Europeans on this issue.

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