Lagarde set for second term as IMF chief

IMF chief Christine Lagarde became assured Thursday of a second five-year term after the global financial institution announced there were no other candidates for the position. "One candidate, current Managing Director Christine Lagarde, has been nominated," the IMF executive board said in a statement. The United States, the largest IMF stakeholder and long a strong supporter of Lagarde's leadership in steering the crisis lender through a critical time for the global economy, swiftly declared it