BUSH TAPS ROBERT ZOELLICK FOR WORLD BANK IN WASHINGTON
Robert Zoellick speaks after U.S. President George W. Bush announced Zoellick as his choice to be the next World Bank President from the Roosevelt Room of the White House on May 30, 2007. Zoellick is a former Deputy Secretary of State and U.S. Trade Representative. (UPI Photo/Roger L. Wollenberg)
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Not since Mikhail Gorbachev began speaking of 'Glasnost' and 'Perestroika' has there been such a ferment among policy intellectuals.
President Barack Obama Friday nominated Dartmouth College President Jim Yong Kim, to lead the World Bank.
The U.S. economy may need some fine-tuning, but China's is still in its formative years -- at least that's the wish of many Westerners.
Brazil sent the strongest signals yet it wants the World Bank's top job going to the citizen of a country other than the United States.
Robert Zoellick said in Washington he will resign as World Bank president in June, noting the international lending institution is strong and healthy.
Refugees are streaming across the border into South Sudan to escape violence in Sudan's state of Blue Nile, aid agencies say.
Increased capital funding to multilateral development banks will promote economic prosperity and national security, witnesses told a U.S. House of Representatives committee Tuesday.
Five central banks said they would coordinate their efforts to keep banks in Europe afloat, offering an unlimited supply of hard-to-borrow U.S. dollars.
U.S. markets edge higher ... Experts: Yuan appreciation to be gradual ... U.K. trade gap with EU widens ... Tax hikes likely for Japan reconstruction ... News from United Press International.
China's economy will face structural challenges as the global economy enters "a danger zone" this fall, visiting World Bank President Robert Zoellick warned.
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