PRESS DIGEST - Wall Street Journal - May 23
May 23 The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
MEXICO CITY Dec 20 Mexican President Enrique Pena Nieto selected Javier Guzman to be the next Deputy Governor of the Bank of Mexico and will send his nomination to the Senate for approval, the finance ministry said on Thursday.
Guzman, a Yale-educated economist who has worked at the International Monetary Fund and the Center of Latin-American Monetary Studies (CEMLA), where he currently serves as director general, would replace the outgoing Jose Julian Sidaoui as deputy governor.
The statement gave no timetable for Guzman's appointment, which requires Senate approval.
Mexican central bank governor Agustin Carstens presides over four other deputy governors on the bank's board, and has the deciding vote in case of tied decisions.
WASHINGTON, May 23 The White House on Tuesday will ask Republicans who control the U.S. Congress - and federal purse strings - to slash spending on healthcare and food assistance programs for the poor as they push ahead on plans to cut taxes and trim the deficit.
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday. - - - - - GLOBAL MARKETS Sterling extended losses on Tuesday after a suspected terrorist attack killed at least 19 people and wounded 50 at a pop concert in the English city of Manchester, while the euro held gains made after German Chancellor Angela Merkel said the currency was "too weak". WORLD OIL P