French finance minister Christine Lagarde has been appointed as the new chief of the International Monetary Fund (IMF) at a time of unprecedented economic turmoil in the eurozone.
The Washington-based institution's 24-member board maintained a tradition begun after World War II by picking the European candidate over Mexican central bank governor Agustín Carstens. The appointment of a woman to run the IMF for the first time in its history is a novelty, however.
"The results are ...
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