Christine Lagarde has announced that she will no longer be the managing director of the International Monetary Fund (IMF).
She'll soon find out if her nomination to become head of the European Central Bank (ECB) is successful or not.
Lagarde said she will officially leave the IMF on September 12.
He's been the head of the organization since 2011.

US, China economic chiefs meet in Paris to clear path to Trump-Xi summit
US says oil from strategic reserve to start reaching market next week
Standard Chartered issues clarification on local operations
Cyprus aims for gas exports by 2028 as conflict heightens supply tensions
DP World reports record $24.4bn revenue for 2025
