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Wolfowitz on shortlist for World Bank top post
It's only Tuesday, but thus far it's been a very good week (not including the car bomb in Iraq, of course). I think a small snicker would not be out of place. Edited for key points.Paul Wolfowitz, US deputy secretary of defence, has emerged as a leading candidate to replace James Wolfensohn as the president of the World Bank. Mr Wolfowitz is one of a small number of people being considered for the US nomination, administration insiders said. The nomination of Mr Wolfowitz, one of the chief architects of the Iraq war and a former US ambassador to Indonesia, would likely be highly controversial, and could raise new questions about the process by which the World Bank chief is selected. One administration official said his nomination "would have enormous repercussions within the development community". Leadership of the World Bank and International Monetary Fund is decided by all the shareholders in the institutions. But the US and Europe in effect divide up the top jobs, with an American heading the bank and a European running the fund. Posted by: trailing wife 2005-03-01 |
| http://www.rantburg.com/poparticle.php?ID=57751 |