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Christine Lagarde elected head of IMF: American reaction

BBC/AFP: Christine Lagarde will start her five-year term at the IMF on 5 July

As former French Finance Minister has been named IMF head, effective July 5th, and François Baroin has been named her replacement, Le Figaro has an interesting article on Christine Lagarde from an American perspective, as well as a longer article into her path that lead her to Washington.

Meanwhile, she appeared in 2009 on the Daily Show with Jon Stewart. Check it out here.

French news update (politics, G8..)

I write for Bonjour Paris and you can find my latest article here. It covers a lot of topics (Dominique Strauss-Kahn, G8, IMF), and Bonjour Paris is a great resource.

French finance minister Christine Lagarde tapped for IMF job

In the wake of the DSK scandal (Dominique Strauss-Kahn), there is plenty of competition to replace him as IMF Director. French finance Minister Christine Lagarde is considered the favorite for the position, but there is debate whether or not a European should continue to be director (as has been the case since 1944, the founding of the IMF), or if an expert from an emerging economy should take the position. In any case, Lagarde just officially announced her candidacy for the position.

As is noted in the French press, the US is hesitating to give Lagarde its support since it might want to see an emerging economy director instead. The debate will continue.

She has vast experience, expertise, knowledge and was Chairman at a top firm (Baker & McKenzie) in the US, based in Chicago. She was even a guest in 2009 on Jon Stewart’s The Daily Show. Watch here.

French 2012 election dates set

The French government has set presidential election dates for April 22nd and May 6, 2012 and parliamentary election dates for June 10 and June 17, 2012. French elections are traditionally held on Sundays over two rounds.

Right now it looks like the UMP candidate will be current President Nicolas Sarkozy, and polls indicate that the strongest Socialist Party candidate would be current IMF head Dominique Strauss-Kahn. Meanwhile, far-right FN candidate Marine Le Pen is fairing surprisingly well in polls, but most people think she will not be a serious contender for office.

More from BBC News below (BBC actually made a mistake, it’s May 6th, not May 5th).

You can also read more at Le Point.

11 May 2011 Last updated at 11:39 GMT
France sets 2012 presidential election dates

The two rounds of the 2012 French presidential election will be held on 22 April and 5 May, the government has announced in Paris.

A two-round parliamentary election will follow on 10 and 17 June, said government spokesman Francois Baroin.

Opinion polls suggest sitting President Nicolas Sarkozy would struggle against a strong Socialist contender.

The popularity of far right leader Marine Le Pen has alarmed other parties across the political spectrum.

Since Mr Sarkozy won the 2007 election by a convincing margin, the centre-right leader has had to grapple with public anger over his austerity policies.

While the Socialists have yet to pick their candidate, opinion polls suggest IMF chief Dominique Strauss-Kahn would be their strongest choice.

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