29 June, 2011

CNN Breaking News

French Finance Minister Christine Lagarde will become the first woman to run the International Monetary Fund.

Lagarde replaces Dominique Strauss-Kahn, who was arrested last month in New York on sexual assault charges.

The IMF, established in 1947 to help nations coordinate economic policy, is playing a key role in the European efforts to steer Greece away from financial collapse.

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