25 Jun '11, 11am

Canada, Australia support Mexico's CARSTENS #IMF bid

Canada, Australia support Mexico's CARSTENS #IMF bid

Bank of Mexico director Agustin Carstens listens to a question during a press conference on May 23, 2011 in Mexico City. -- PHOTO: AFP OTTAWA - CANADA and Australia said here that they will support the bid of Mexico's central bank governor Agustin Carstens to be the next IMF managing director. A statement late on Friday from Canadian Finance Minister James Flaherty and Australian Finance Minister Wayne Swan said that the two countries will support the long-shot bid by the 53-year-old Mexican economist, who worked at the International Monetary Fund from 2003 to 2006. Mr Carstens's previous experience, which include a stint in the number-three position as the IMF's deputy managing director, 'equip him very well to understand and address, on a collaborative and inclusive basis with IMF member countries, the challenges faced by the global economy,' the joint statement read. 'A...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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