IMF leadership race heats up

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Central bank leaders from around the world have been vocalising their hopes for the next managing director of the International Monetary Fund (IMF). Following Dominique Strauss-Kahn's resignation on Wednesday, speculation about his successor has been rife.

French finance minister, Christine Lagarde, is widely viewed as the leading candidate. On Thursday, acting managing director of the IMF, John Lipsky, said: "Like many other candidates, she would be an excellent choice".

Angela Merkel, the Germ

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