Lagarde Expected to Announce IMF Candidacy Wednesday
French Finance Minister Christine Lagarde, who is widely backed by the eurozone, is expected to announce her candidacy to be the new International Monetary Fund managing director on Wednesday.

France's Finance and Economy Minister Christine Lagarde (R) speaks to journalists as she attends a G20 Globalization conference in Paris, on May 23, 2011. Bob Edme/AFP/Getty Images
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