French Finance Minister Christine Lagarde entered the race for the head of the Monetary Fund International on Wednesday, seeking to replace former Chief Dominique Strauss-Kahn, who resigned as of the week last amid accusations of sexual assault.
"This is a huge challenge that I turn with humility and in the hope of achieving the widest possible consensus," Lagarde told a Paris press conference, saying she planned to travel extensively in the coming weeks to consult the other Member States.
If elected, the old centre-right politician of 55 would be the first woman to lead the international ready organization based in Washington since its founding in 1945.
Career as a high-profile of Christine Lagarde
-Born on January 1, 1956, in Paris
-1981: Joins the direction of Paris the firm Baker & McKenzie
-1999: Transfers of Chicago at the head of the Executive Committee of Baker & McKenzie
-2002: The Wall Street Journal ranks Lagarde as the fifth most powerful European business woman
-2005: Becomes French Trade Minister in the Government of Dominique de Villepin
-2007: Becomes Minister of Agriculture and fisheries
-2007: Becomes Minister of the economy and employment
-On May 25, 2011: announces his candidacy as next IMFchief
LaGarde has won praise and respect of international leaders for his hanged in negotiating international deals under pressure during the Presidency of the g-20 France. She played a key role in bringing the IMF and the European Union to agree on contingency plans for the members of the indebted EU Greece, Ireland and the Portugal.
Many European countries, including the Germany, United Kingdom and Italy, are supporting the candidacy of Lagarde. The United States has yet to announce the candidate it supports.
Since its inception, the IMF has continuously led by a European under an informal agreement whereby the United States appoints the President of the World Bank. Four of ten IMF chiefs in history were French.
However, Brazil, Russia, India, China and South Africa countries known as BRICS, have called for a break in this tradition. "We believe that it is scandalous to have the position reserved for a European," said Nogueira Batista, Executive Director of the IMF's Brazil and one of the signatories of the joint statement of BRICS.
Committee of 24 members of the IMF is due to established a list of three candidates ahead of June 30 for a successor to levy. Appointment of leaders of the 187-member organization is open until June 10.
The tycoon of the infamous
Announcement of Lagarde has a notorious French Tycoon in a French judicial inquiry into his alleged involvement in cash.
According to the allegations, Lagarde mediated in 2007 a case between Bernard Tapie, a former singer and owner of the club of football and French Socialist Minister Bank Credit Lyonnais on sales of Adidas shares in 1993.
The conflict ended in 2008 with Tapie, a former bankrupt who was imprisoned in the 1990s for games rigged, granted EUR 285 million.
The members of the opposition of the Socialist Party (PS) have called for a judicial inquiry, and a select panel of judges has until mid-June to decide whether an investigation should be launched.
But while he was Finance Minister Lagarde decision, some members of the opposition believe Sarkozy was behind it, and that he was using Lagarde reward Tapie to support his presidential candidacy in 2007.
LaGarde Wednesday dismissed the charges, insisting on the fact that it was "a perfectly clear conscience".
Strauss-Kahn situation comes timely to Nicolas Sarkozy, who will have to face a presidential election in a year. Known by its initials DSK and of which the legal process is closely monitored in France, the former head of the IMF was tipped to win primary American style of PS later this year as the candidate with the best chance to beat Sarkozy in the vote.
DSK is believed to be about to announce his candidacy in the presidential election, when he was arrested in New York.
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