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World Bank warns economic powers: Climate change is real

The president of the World Bank on Saturday warned the finance chiefs of the world’s leading economic powers that global warming is a real risk to the planet and already affecting the world economy in unprecedented ways. Adressing the G20 finance ministers at their meeting in Moscow, Jim Yong Kim…

U.S. nominee Jim Yong Kim chosen to lead World Bank

The World Bank chose Korean-American physician Jim Yong Kim as its next chief Monday in a decision that surprised few despite the first-ever challenge to the US lock on the Bank’s presidency. The Bank’s directors chose Kim, a 52 year old US health expert and educator, over Nigerian Finance Minister…

World Bank nominee raps, dreamed of being a star quarterback

Singing rap, citing Buddhist teachings, and once dreaming of being a sports star, the likely next head of the World Bank may not be widely known — but he’s no faceless bureaucrat. Korean-born Jim Yong Kim is the president of Ivy League Dartmouth College, a medical doctor and, above all,…

U.S. backs Dartmouth College president for World Bank chief

The United States is nominating the president of Dartmouth College, Korean-born Jim Yong Kim, to head the World Bank, a US official said Friday. The successful candidate in the race will succeed World Bank president Robert Zoellick, who announced in February he was stepping down at the end of his…