Germany to Continue Heavy Investment in Mexico

“There are more than 1,000 German companies in Mexico, which is proof of how deeply linked we are in the [Mexican] economic arena”, says The German Minister of Foreign Affairs, Guido Westerwelle, who is visiting Mexico. He also mentioned that German businessmen lend their attention to the news on Mexico's current affairs, yet are interested in continuing to invest.

Cartstens Promises to Boost Emerging Economies if Chosen for IMF

The head of Mexico’s central bank, Agustin Carstens, said today that if chosen as the top official at the International Monetary Fund he will work to increase representation for developing countries. He also spoke of increasing the IMF’s abilities to deal with financial crises, something that after managing the economic crisis of 2008 and with vast experience as the head of Banxico, he is well suited to do.

Agustin Carstens told the IMF’s 24-member executive board today that the world’s emerging economies needed a bigger voice in IMF decisions.

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Source: The Washington Post