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World Bank Board Opts for another American as New Chief

World Bank Selects Jim Yong Kim As President

The World Bank on Monday selected Jim Yong Kim as its next president. The World Bank presidency has gone to a U.S. candidate since the organization was founded at the Bretton Woods conference.
Ahmadinejad

Iran Nuclear Talks: Round Two In Baghdad

The round of nuclear negotiations between Iran and six world powers will take place in Baghdad, Iraq late next month. Following Saturday's discussions in Turkey, Tehran agreed to hold more talks, a landmark step after years of stalled negotiations around the Islamic Republic's developing nuclear program.
General view of French-Belgium GDF SUEZ energy plant in Colon City

GDF Suez To Buyout Remaining International Power Shares

The world's largest utility company GDF Suez agreed on Monday to buy 30 percent of International Power for $10 billion, completing a planned takeover of the U.K.-based power company to continue its expansion in fast-growing markets, the company reported.
Henry Kravis of KKR & Co. L.P.

KKR To List MMI International On Singapore Exchange

KKR & Co. L.P. (NYSE: KKR), a global private equity company, plans to list precision engineering components manufacturer MMI International on the Singapore Exchange, reported the Dow Jones Newswires, citing three people familiar with the matter, as financial market conditions stabilize on the island nation.
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Web freedom facing greatest threat: Google founder

The principles of openness and universal access that underpinned the Internet's creation are facing their greatest-ever threat, the co-founder of Google Sergey Brin said in an interview published by Britain's Guardian newspaper on Monday.

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