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Speculation mounts over future of IMF's Christine Lagarde

She has the support of some advanced and emerging economies, but the US wants her successor to be non-European

Ms Lagarde, formerly a finance minister in France, has indicated that she is "open" to serving a further five-year term as IMF head, but that the matter is out of her hands.

Lima, Peru

A KEY question at the annual meetings of the International Monetary Fund (IMF) and the World Bank in Lima last weekend was whether IMF managing director Christine Lagarde will have her term of office extended when it expires next July, and who her successor will be when she