Nogueira

In a separate interview, Mr. Nogueira Batista said Ms. Lagarde is "clearly the favorite" and that Brazil could support either candidate.

Lagarde on Track to Win IMF Nod Sudeep Reddy 2011

Ana Nogueira, a reporter with the independent news program Democracy Now!

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Mr. Nogueira Batista, an executive director at the Fund, said Mr. Carstens had impressed many Latin American countries with his extensive experience during a recent visit to lobby for the position, but added that the chances of any candidate from an emerging market winning the post were still slim.

Brazil Mulls Support for Carstens IMF Bid John Lyons 2011

Mr. Carstens' strong interview notwithstanding, he isn't likely to get fair consideration, Mr. Nogueira Batista said.

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Paulo Nogueira Batista, the representative for Brazil and eight other Latin American and Caribbean nations, which together cast 2.8% of the vote, said Mr. Carstens had impressed many Latin American countries with his extensive experience during a recent visit to lobby for the job.

Lagarde on Track to Win IMF Nod Sudeep Reddy 2011

SAO PAULO, Brazil–Brazil may throw its support behind Mexico's central bank chief Agustín Carstens in his long shot bid to become the next head of the International Monetary Fund, according to Brazil's representative at the IMF, Paulo Nogueira Batista.

Brazil Mulls Support for Carstens IMF Bid John Lyons 2011

Mr. Nogueira Batista said Brazil and the other eight countries of its voting bloc within the IMF would support a single candidate and not abstain.

Brazil Mulls Support for Carstens IMF Bid John Lyons 2011

But Mr. Nogueira Batista says the voting process is "still stacked" against any candidate from an emerging market.

Brazil Mulls Support for Carstens IMF Bid John Lyons 2011

"Brazil may well decide to support Carstens," Mr. Nogueira Batista said in an interview.

Brazil Mulls Support for Carstens IMF Bid John Lyons 2011

More Brazil Mulls Support for Carstens IMF Bid "Brazil may well decide to support Carstens," Mr. Nogueira Batista said in an interview, but added that the chances of an emerging-market candidate winning the post remained slim.

Lagarde on Track to Win IMF Nod Sudeep Reddy 2011