INTERNATIONAL BUSINESS NEWS
April 01, 2012 12:00:00 AM
  Follow @ Twitter

Japan's government on Sunday threw its backing behind Jim Yong Kim, the US nominee to be the next World Bank chief, as the Korean-American physician visited Tokyo.

"He substantially understands the positions of developing countries," Japanese Finance Minister Jun Azumi told reporters after meeting Kim, who was in Tokyo as part of a global "listening tour".

"He would be a suitable person to take the leadership of the World Bank," Azumi said.

US President Barack Obama last month tapped Dartmouth College president Kim, known for his work in global health campaigns against AIDS in Africa, to lead the World Bank.

Since the World Bank's founding in 1944, Washington has always chosen its president. But this year, it faces two challengers in Ngozi Okonjo-Iweala of Nigeria and Jose Antonio Ocampo of Colombia.

Kim is therefore seeking to drum up support from major emerging economies on his tour, which is also taking in Brazil, China, India and Mexico among other stops. He visited China on Saturday.

AFP

Wiggle


PREVIOUS STORY
Budding Google social network sets itself apart
NEXT STORY
3,200 jobs saved in deal for Britain's GAME

Bookmark and Share
   




FIJI NEWS
Inconsistent evidence clears man of rapeA high court in Suva has acquitted a man charged with the rape of a woman in Davuilevu Housing in 2012 because of inconsistencies in evidence she gave.
BUSINESS
Fiji Link to get new aircraftFiji Link is expected to get their second new aircraft- the ATR 42-600 next month.
TECHNOLOGY
Only call details given to police in 670 cases: VFVodafone Fiji says it provided call details in 670 cases to police on the production of a search warrant or court order, but does not listen to or record calls, and could not provide such information.
HEALTH/FITNESS
Clean-up day to curb dengue outbreakFiji's Ministry of Health has declared a clean-up day next Thursday for residents in the central division as it ups the tempo against a dengue fever outbreak currently experienced in the country.
SPORTS
Rising stars set to shine in FijiA strong contingent of young guns is set to take on the Fiji International to be played from 14-17 August.
LIFESTYLE/FASHION
Charlene is Miss World Fiji 201420-year-old Nadi beauty, Charlene Tafunaíi was tonight crowned Miss World Fiji 2014 at the Pearl South Pacific Resort in Pacific Harbour.
NEWS SPORTS INFOTAINMENT SERVICES MOBILE EXTRA HOT TOPICS