France's Lagarde announces candidacy for top IMF job

Christine Lagarde seeks to fill role vacated by Dominique Strauss-Kahn, who faces sexual assault charges in New York
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French Finance Minister Christine Lagarde announces her candidacy for International Monetary Fund (IMF) presidency, at Ministere des Finances on May 25, 2011 in Paris, France. Lagarde is seeking to fill the role recently vacated by Dominique Strauss-Kahn, 2 who resigned after he was accused of attempted rape of a hotel maid in New York (Getty Images)\n
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Lagarde joined the race to head the International Monetary Fund on Wednesday despite anger in big emerging economies over Europe's "obsolete" lock on the job (Getty Images/ Text: Reuters)
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Lagarde announced her candidacy on the eve of a G8 leaders summit after securing the unanimous backing of the 27-nation European Union. Diplomats also said she has support from the United States and China, making her the overwhelming favorite to clinch the top job (Getty Images/ Text: Reuters)
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At a news conference in Paris, Lagarde promised to serve a full five-year term if chosen, unlike her three predecessors, and to give top priority to completing reform of the IMF to give greater weight to emerging economies (Getty Images/ Text: Reuters)
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French Finance Minister Christine Lagarde leaves the press room after announcing her candidacy for International Monetary Fund (IMF) presidency (Getty Images)
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The 55-year-old former corporate lawyer, who speaks fluent English, has been praised for her communication skills and deft chairing of the G20 finance ministers (Getty Images/ Text: Reuters)
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Unlike countryman Strauss-Kahn, Lagarde is not an economist and may struggle to match his thought leadership over the management of the world economy (Getty Images/ Text: Reuters)
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The IMF's board will draw up a shortlist of three candidates and has a June 30 deadline for picking a successor (Getty Images)