{"id":9163,"date":"2012-03-22T03:23:49","date_gmt":"2012-03-22T01:23:49","guid":{"rendered":"http:\/\/www.myza.co.za\/03\/exclusive-update-4-emerging-nations-mount-challenge-for-world-bank-job\/"},"modified":"2012-03-22T03:23:49","modified_gmt":"2012-03-22T01:23:49","slug":"exclusive-update-4-emerging-nations-mount-challenge-for-world-bank-job","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/exclusive-update-4-emerging-nations-mount-challenge-for-world-bank-job\/","title":{"rendered":"EXCLUSIVE-UPDATE 4-Emerging nations mount challenge for World Bank job"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Emerging nations to nominate a Nigerian and Colombian<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* U.S. hold on World Bank never contested before<\/p>\n<p><span><\/span><\/p>\n<p>* Washington said it will nominate U.S. candidate by Friday<\/p>\n<p> (Adds details on Okonjo-Iweala nomination)<\/p>\n<p><span><\/span><\/p>\n<p>By Lesley Wroughton<\/p>\n<p><span><\/span><\/p>\n<p>WASHINGTON, March 21 (Reuters) &#8211; Nigerian Finance Minister<br \/>\nNgozi Okonjo-Iweala and former Colombian Finance Minister Jose<br \/>\nAntonio Ocampo are set to make the first concerted challenge to<br \/>\nthe U.S. grip on the top job at the World Bank, according to<br \/>\nsources.<\/p>\n<p><span><\/span><\/p>\n<p>The two globally respected economists and diplomats will be<br \/>\nnominated for the World Bank presidency by South Africa and<br \/>\nBrazil, the sources with knowledge of emerging market efforts to<br \/>\nfind candidates said.<\/p>\n<p><span><\/span><\/p>\n<p>But with the bank&#8217;s largest voting share and the expected<br \/>\nsupport of most developed nations, the United States is still<br \/>\nlikely to ensure that another American succeeds Robert Zoellick,<br \/>\nwho plans to step down when his term expires at the end of June.<\/p>\n<p><span><\/span><\/p>\n<p>Washington has held the presidency since the bank&#8217;s founding<br \/>\nafter World War Two, while a European has always led its sister<br \/>\norganization, the International Monetary Fund. The United States<br \/>\nhas yet to publicly identify a nominee to succeed Zoellick.<\/p>\n<p><span><\/span><\/p>\n<p>The deadline for nominations is Friday, and the Obama<br \/>\nadministration has said it will name a candidate by then.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Emerging nations to nominate a Nigerian and Colombian * U.S. hold on World Bank never contested before * Washington said it will nominate U.S. candidate by Friday (Adds details on Okonjo-Iweala nomination) By Lesley Wroughton WASHINGTON, March 21 (Reuters) &#8211; Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian Finance Minister Jose Antonio Ocampo are [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-9163","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=9163"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9163\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=9163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=9163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=9163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}