Colombian Ocampo Withdraws From World Bank Race

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field-type-filefield field-field-page-image">           caption:  Jose Antonio Ocampo now supports Ngozi Okonjo-Iweala's bid to head the World Bank         By The Associated Press           Ocampo confirmed his decision in a telephone interview with The Associated Press from Brazil, where he met Thursday with Brazilian Finance Minister Guido Mantega.

Dartmouth University President Jim Yong Kim, who was nominated by the Obama administration, is expected to win the World Bank job. The bank's 25-member executive board is expected to vote on the matter Monday.

The World Bank presidency has always gone to an American, while the International Monetary Fund has always been headed by a European. However, developing nations are challenging this tradition.



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