Brazil Said to Privately Support Lagarde as Next IMF Director
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Brazil will privately support French Finance Minister Christine Lagarde’s candidacy to run the International Monetary Fund, a Brazilian government official familiar with the negotiations said.
The Brazilian government sees no point in backing Mexican central bank Governor Agustin Carstens’s bid for the job given that Lagarde will have enough votes to win, said the official, who requested anonymity because he isn’t authorized to speak publicly about the issue.