New head of the International Monetary Fund

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Christine Largarde was elected as the new head of the IMF..

www.nytimes.com/2011/06/29business/globe/29/fund.

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Chancellor George Osborne has hailed Christine Lagarde's appointment to head IMF as 'good news for the global economy'. The French former minister was a "strong advocate for countries tackling high budget deficits and living within their means" according to the Chancellor.
http://www.mirror.co.uk/news/latest/2011/06/28/largarde-imf-job-good-ne... 29/06/2011

She must now steer the IMF through the most turbulent periods in its history, with the
Euro zone in crisis and fallout from the Arab Spring.