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IMF to begin search for new leader as Christine Lagarde resigns as of Sept 12

WASHINGTON: Christine Lagarde will resign from the International Monetary Fund on September 12 as she awaits final word on her nomination to the presidency of the European Central Bank, she announced Tuesday. Her departure allows the IMF board to begin the search for her replacement. "With greater clarity now on the process for my nomination as ECB President and the...

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