{"id":9910,"date":"2012-04-14T04:12:07","date_gmt":"2012-04-14T02:12:07","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/update-3-ocampo-to-withdraw-from-world-bank-race-sources\/"},"modified":"2012-04-14T04:12:07","modified_gmt":"2012-04-14T02:12:07","slug":"update-3-ocampo-to-withdraw-from-world-bank-race-sources","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-3-ocampo-to-withdraw-from-world-bank-race-sources\/","title":{"rendered":"UPDATE 3-Ocampo to withdraw from World Bank race-sources"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Developing nations seek sole candidate<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* BRICS to have joint support decision as soon as Friday<\/p>\n<p><span><\/span><\/p>\n<p>* Russia backs U.S. nominee Kim<\/p>\n<p><span><\/span><\/p>\n<p>By Lesley Wroughton and Tiago Pariz<\/p>\n<p><span><\/span><\/p>\n<p>WASHINGTON\/BRASILIA, April 13 (Reuters) &#8211; Former Colombian<br \/>\nfinance minister Jose Antonio Ocampo is set to withdraw his<br \/>\nnomination for the World Bank presidency on Friday as developing<br \/>\nnations try to coalesce around one nominee to challenge the<br \/>\nUnited States for the job, three sources said.<\/p>\n<p><span><\/span><\/p>\n<p>Nigerian Finance Minister Ngozi Okonjo-Iweala would remain<br \/>\nas the sole candidate from developing nations in a race against<br \/>\nU.S. nominee Jim Yong Kim, a Korean-American health expert who<br \/>\nappears almost certain to win the post.<\/p>\n<p><span><\/span><\/p>\n<p>In a straw poll earlier this week, World Bank directors<br \/>\nrepresenting the Group of 11, which includes emerging countries<br \/>\nand Australia, backed Okonjo-Iweala as the sole emerging market<br \/>\ncandidate, the sources said.<\/p>\n<p><span><\/span><\/p>\n<p>The decision to back Okonjo-Iweala does not mean that all<br \/>\ndeveloping countries will support her in the final decision on<br \/>\nMonday when the World Bank board meets to find consensus on a<br \/>\nsuccessor to Robert Zoellick, who is departing in June.<\/p>\n<p><span><\/span><\/p>\n<p>Indeed, the promise of a united front from emerging markets<br \/>\nevaporated on Friday when Russia said it would support Kim,<br \/>\nbecoming the first major emerging economy to do so.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Developing nations seek sole candidate * BRICS to have joint support decision as soon as Friday * Russia backs U.S. nominee Kim By Lesley Wroughton and Tiago Pariz WASHINGTON\/BRASILIA, April 13 (Reuters) &#8211; Former Colombian finance minister Jose Antonio Ocampo is set to withdraw his nomination for the World Bank presidency on Friday as [&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-9910","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\/9910","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=9910"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9910\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=9910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=9910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=9910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}