Moreno Nominated

Colombia announced the candidacy of its current ambassador to the United States, Luis Alberto Moreno, for the presidency of the Inter-American Development Bank (IADB). The IADB´s assembly of governors will meet July 27 in Washington to elect a replacement for current president Enrique Iglesias, who will step down September 30. Other candidates include Brazilian Joao Sayad and Nicaraguan Mario Alonso.