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Mexico's Bank Chief Campaigns For IMF's Top Job

STEVE INSKEEP, host:

NPR's business news starts with a race to the top at the International Monetary Fund.

(Soundbite of music)

INSKEEP: It's almost like a presidential campaign on a global scale. Mexico's central banker, Augustin Carstens is in China today to campaign for the IMF director's seat. Latin America and Asian nations are trying to break Europe's traditional lock on the post.

It has been open since Dominique Strass-Kahn was arrested last month on sexual assault charges. Transcript provided by NPR, Copyright NPR.