France's Lagarde throws hat into IMF ring

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/