1. Lagarde to Become Managing Director and Chairman of the IMF
Christine Lagarde, the finance minister of France, is set to begin her five-year term as the International Monetary Fund's managing director and chairman next month after defeating Mexican Central Bank chief Agustin Carstens. Lagarde was backed by the United Kingdom, Germany, and most European powers, as well as some Asian and African nations. The United States Treasury Secretary Tim ... esteem for my colleague and friend, Agustin Carstens," she said (Rooney). The global financial institution desperately needed a new leader because of their involvement with the European Union and the Europea...
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