Mexico's central bank chief Agustín Carstens faces an uphill battle against French frontrunner Christine Lagarde, who this week is lobbying India, China, and Egypt for support.
Businessman Pedro Passos Coelho will lead a coalition government after voters handed the center-right a convincing victory. Portugal's bailout and austerity measures were central issues.
The EU called Russia's response disproportionate to the outbreak of an E. coli strain that has been found on vegetables grown in Europe.
German officials now say that Spanish cucumbers are probably not the cause of a deadly E. coli outbreak that experts have linked to at least nine deaths.
E. coli investigations are under way in Germany, where 16 have died, as well as Spain and the EU Commission. Germany has targeted Spanish produce, but Spain says the supply chain could be a culprit.
The Dow rose about 8 points, closing higher for the second session in a row
The European Commission is still waiting for cast-iron confirmation of the arrested man's identity before making a statement, but said it had 'all reason to believe' that the man is accused war criminal Ratko Mladic.
Shipping companies were visited Monday by European Commission officials looking for evidence of price fixing. US exporters, importers with similar complaints against the shipping companies are watching closely.
France wants to overhaul the Schengen agreement, which allows free movement across European borders. A key issue: including large groups of immigrants among the potential 'threats to public order' that allow temporary internal border controls.
US legal analysts say the Navy SEALs who killed Osama bin Laden in his compound in Pakistan were acting within the full authority of both international and American law.