PARIS – French Finance Minister Christine Lagarde on Wednesday launched her bid to lead the International Monetary Fund, a candidacy that would put the first woman in charge of the scandal-rocked fund but increases tensions with developing nations who want one of their own as head. The charismatic Lagarde, who spent much of her career in the United States, emerged as the front-runner for the job even before speaking out publicly. “If I’m elected I’ll bring all my expertise as a lawyer, a minister, a manager and a woman” to the job, she said Wednesday. The IMF, which provides billions in loans to shore up the world economy, has not had a woman director since its inception in 1945. The IMF’s…
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on May 26, 2011. Filed under News.
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Posted by
on May 26, 2011. Filed under