Brazil's Roberto Azevedo has been chosen to become the next leader of the World Trade Organization, he will be the first Latin American to head the international group.
The World Bank is getting a new president. Jim Yong Kim, who's currently the head of Dartmouth College, will be taking over the Washington-based global lending institution beginning this summer.
President Obama has announced his choice for the U.S. nominee to lead the World Bank, Jim Yong Kim. Judging from history, Kim is likely to win the role.
In Greece, tax collectors are on strike to protest benefit cuts while in Italy, the government was able to borrow $9 billion to help pay for services, but banks willing to lend also demanded a high return.
