Time for a change

Officially the search for a new head of the IMF, to replace Dominique Strauss-Kahn, who awaits trial on charges of sexual assault, has barely begun. The fund’s member governments have until June 10th to propose candidates, after which a shortlist will be drawn up. But in practice the race seems all but over. That is because European countries, which hold over a third of the votes on the IMF’s board, have rallied around a single contender: France’s finance minister, Christine Lagarde.

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