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Email this article: Obama taps Jim Yong Kim to head World Bank
Posted: Fri March 23, 2012 5:11 pm
INTERNATIONAL. Thanks to a tacit agreement, the United States usually appoints an American to head the World Bank and Europe usually names a European to head the IMF.
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KUWAIT. Kuwait has built up very large fiscal and external net asset positions over many years, which will continue to help it weather the current low oil price environment; The overall fiscal and external balance sheets will remain strong, backed by a significant stock of financial assets.
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