Obama taps Jim Yong Kim to lead World Bank
President Obama nominates Dartmouth College President Jim Yong Kim a physician and HIV AIDS TB expert to head the World Bank. The surprise choice aims to balance U S leadership with rising economies while facing some resistance from developing nations and aid groups.
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Washington
Barack Obama
Dartmouth College
Jim Yong Kim
World Bank
U.S
Obama
Kim
South Korea
Robert Zoellick
White House Rose Garden
Jim
Asia
Africa
Americas
Oxfam
International Aid Agency
Ngozi Okonjo- Iweala
Nigeria
World Bank Board
Jose Antonio Ocampo
Columbia University
Columbia
White House
Americans cut gas use as prices stay high and mileage improves
Rising gas costs reduce weekly fuel consumption and driving trips as Americans shift to fuel efficient vehicles and closer vacations. Economists foresee several years of lower consumption while demand from growing markets and Middle East supply fears keep oil prices elevated.
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Rice University
Ken Medlock
Medlock
U.S
John Gamel
MasterCard
J.D. Power and Associates
J.D. Power
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Oil Price Information Service
OPIS
China
Developing Nations
Jennifer Lee
BMO Capital Markets
New U S New Home Sales Dip for Second Straight Month
February sees a 1.6 percent drop to a 313000 annual pace in new home sales, marking the second consecutive monthly decline. The Commerce Department notes weak housing demand despite low inventory and improving conditions, with prices rising and December’s figures revised higher.
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U.S
Commerce Department
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Readginto
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CostPlus
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Cell Inc
Ishr2k
Bacteria
Cisco
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AbdAsPac
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Micors
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Micront
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Microsoft
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Diebold
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Dartmouth
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