France's Lagarde throws hat into IMF ring

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French Finance Minister Christine Lagarde has joined the race to head the International Monetary Fund. Despite anger among big emerging economies over Europe's stranglehold on the job, the 55-year-old appears to be the overwhelming favourite to replace her compatriot, Dominic Strauss-Kahn. She has the unanimous backing of the European Union's 27 member states. ... http://www.euronews.net/

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