Hillary Clinton, President Barack Obama’s Secretary of State, has been in discussions with the White House about stepping down from her foreign policy job next year to becoming head of the World Bank, it has been reported. Mrs Clinton, the former First Lady, Senator for New York and rival to Mr Obama in the 2008 Democratic primary race, is said to be eager to become the first female president of the World Bank should the post become vacant next year.”Hillary Clinton wants the job,” a source close to Mrs Clinton told Reuters, which broke the news of the possible move.

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Issues associated with international banking have been making headlines in recent weeks. Such reports became more acute following the arrest of the former head of the International Monetary Fund (IMF), Dominique Strauss-Kahn, in the sovereign State of New York on sexual assault charges. Readers are asked to keep in mind that Mr. Strauss-Kahn has not been convicted of any crime as of the time of this writing and therefore, in the eyes of American law, he is innocent until proven guilty.

Readers may note that leadership of the international banking community made news in the context of the Association of Southeast Asian Nations (ASEAN) after calls were made to consider an Asian candidate for the top IMF posting. Officials in China also have been reported to have made statements regarding the position of IMF head. It remains to be seen just how these issues will ultimately play out and who shall eventually be at the helm of international banking, but for observers of global relations, economics, finance, and politics this is certainly a very interesting time.

In rather unrelated news (but pertinent to this blogger), it was recently reported that the Great State of Kansas has experienced a very uncommon weather phenomenon. For further elucidation it may be best to quote directly from the official website  of KSN News, KSN.com:

WICHITA, Kansas — Last night Wichita experienced a very rare weather phenomenon known as a “Heat Burst.” At 12:22 a.m. the temperature at Wichita’s Mid-Continent Airport was 85 degrees. At 12:44 the temperature spiked to 102 degrees. This was a 17 degree increase in only 20 minutes. Winds also gusted between 50 and 60 MPH. The heat burst winds and temperatures rapidly dissipated as they spread across Sedgwick and Southern Butler Counties…

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Kansas is often the scene of incredible meteorological phenomenon, but an increase of 17 degrees in a time span of 20 minutes is tremendous by anyone’s estimation. Hopefully, such developments will not have an adverse impact upon the people, agriculture, and ecology of that jurisdiction.

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