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World Bank chooses Jim Yong Kim as president



The World Bank announced in a statement its selection of the American Jim Yong Kim of Korean origin as its new president for the next five-year term.
The statement added that the World Bank new President will will begin his five-year term as president of the World Bank in July after the five-year term of the current president, Robert B. Zoellick, expires at the end of June

                                                                    Source: CNN- News Agencies

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