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Christine Lagarde to bid for second term as IMF chief

After leading the IMF through one of its most difficult challenges -- the rescue of the eurozone from meltdown -- Christine Lagarde drew strong endorsements from Germany, France, Britain, and the NetherlandsChristine Lagarde announced Friday that she will run for a second term at the head of the International Monetary Fund, after winning strong backing from across Europe. “Yes, I am running for a second mandate,” the former French finance minister confirmed in an interview with France 2 television. After leading the IMF through one of its most difficult challenges — the rescue of the eurozone from meltdown — Lagarde drew strong endorsements from Germany, France, Britain, and the Netherlands.

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