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France's Lagarde poised to become next IMF chief

France's Lagarde poised to become next IMF chief

French Finance Minister Christine Lagarde appeared poised to become the head of the International Monetary Fund this week despite a strong challenge to Europe's traditional hold on the job.

 

Israel bank chief Fischer says to run for IMF head

Israel bank chief Fischer says to run for IMF head

Bank of Israel Governor Stanley Fischer said on Saturday he had decided to stand as head of the International Monetary Fund, presenting a potential serious challenge to front-runner Christine Lagarde.

 

France Plans 50% Tax on Bonuses

Finance Minister Christine Lagarde said France will slap a one-off 50% tax on bonuses awarded to bank employees next year.

 

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