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IMF backs Lagarde despite negligence conviction

International Monetary Fund directors said they have “full confidence” in the ability of Christine Lagarde to carry out her duties as managing director. The statement of support came after a French court convicted her of negligence that led to the misuse of public funds eight years ago when she was France’s finance minister.

The New York Times (free-article access for SmartBrief readers) (19 Dec.),  France 24/Agence France-Presse/The Associated Press/Reuters (20 Dec.)

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