Wednesday, June 1, 2011

Mexico's Carstens Travels to Brazil, Seeking Support for IMF Bid

Mexico's central bank chief, Agustin Carstens, arrived in Brazil on Wednesday aiming to win crucial support in Latin America for his bid to the lead the International Monetary Fund.

Carstens will try to capitalize on discontent in Brazil and other major emerging economies over the practice of choosing a European to head the global lender.

Source: Reuters

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