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IMF boss Lagarde says will run for 2nd mandate

[PARIS] The managing director of the International Monetary Fund (IMF) said on Friday she will run for a second term.

"I am candidate to a new mandate. I was honoured to receive from the start of the process the backing of France, Britain, Germany, China, Korea," Ms Lagarde told France 2 television in an interview from the economic forum of Davos.

Lagarde has no obvious challengers and has said previously she was open to serving another term.