Photo of the day

Florida pizza shop owner Scott Van Duzer lifted President Barack Obama a solid foot off the ground in a bear hug during an unscripted stop at his Fort Pierce, Fla., store. Literally. Van Duzer is a registered Republican who says he'll vote for Obama in November.

Okonjo-Iweala congratulates Jim Yong Kim after failing in World Bank Presidency bid

Finance Minister, Ngozi Okonjo-Iweala has congratulated Dr. Jim Yong Kim on his emergence as the President of the World Bank.

As expected, American nominee Jim Yong Kim was named the next President of the World Bank. Mr. Kim was nominated by United States President Barak Obama last month to replace Robert Zoellick, who has held the position since 2007.

In her message titled “We have Made History” and monitored by Connoisseur.com on Facebook, Iweala said “Our credible and merit-based challenge to a long-standing and unfair tradition will ensure that the process of choosing a World Bank president will never be the same again”.

Below is the full text of her congratulatory message: