Christine Lagarde seeks new term as International Monetary Fund chief


Lagarde, 60, the IMF's managing director since 2011, unveiled her bid despite being sent for trial in France for 'negligence' in Bernard Tapie case.

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International Monetary Fund chief Christine Lagarde said on Friday she is running for a second term to lead the Washington-based institution and has received backing from some of the world’s major economies to keep the job, reports The Wall Street Journal.