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Jim Yong Kim News

Cut all fossil fuel subsidies now, says banking head

Jim Yong Kim, head of the World Bank, has called for a five-point plan to deliver low-carbon growth. The plan includes removing incentives to exploit oil, gas and coal.

Ocampo ends World Bank presidency bid to back Nigerian

Former Colombian finance minister Jose Anotonio Ocampo ended his campaign to become president of the World Bank president to support Nigeria’s Finance Minister Ngozi Okonjo-Iweala in a contest he said had turned highly political.

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