Report: Brazilian to be next WTO chief

Roberto Azevedo, a Brazilian trade diplomat, will be the next head of the World Trade Organization, a diplomatic source said on Tuesday after the results of the race to succeed France's Pascal Lamy in the job were revealed in a confidential meeting.

Azevedo beat Mexico's former trade minister Herminio Blanco in the final duel of a three-round competition, becoming the first Latin American to head the global trade club since its creation in 1995.