President Bush named Deputy Defense Secretary Paul Wolfowitz to head the World Bank yesterday
Published:
18 March 2005 y., Friday
President Bush named Deputy Defense Secretary Paul Wolfowitz to head the World Bank yesterday, placing another administration hawk atop a key international body.
"He is a compassionate, decent man who will do a fine job," Bush said of Wolfowitz, who will succeed World Bank President James Wolfensohn when he steps down in June.
Wolfowitz, 61, will most likely be confirmed by World Bank members without serious dissent, well-placed sources said.
But the appointment is still seen as a slap to European critics of the Iraq war, who blame Wolfowitz for ignoring warnings that U.S. forces would face well-armed insurgents long after Saddam Hussein was toppled.
"The enthusiasm in Old Europe is not exactly overwhelming," said German Development Minister Heidemarie Wieczorek-Zeul.
Further angering detractors, Wolfowitz's appointment follows Bush's decision to name another controversial hawk, John Bolton, as UN ambassador.
"These are some strange decisions," said a longtime Wolfowitz basher in the Bush administration.
Šaltinis:
nydailynews.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Standard & Poor's (S&P) affirmed Lithuania's long-term investment grade sovereign foreign currency BBB credit rating and removed it from a CreditWatch negative position, citing government commitments to address deteriorating public finances.
more »
The EBRD-EIB Multilateral Carbon Credit Fund (MCCF) and Azerenerji Joint Stock Company are collaborating in order to promote energy-efficient power generation in Azerbaijan.
more »
U.S. President Barack Obama, meeting with the leaders of Mexico and Canada, called on all three nations hit by the global recession to avoid resorting to protectionism.
more »
A 10-year $75 million EBRD loan will finance the construction of a combined heat and power plant in the east Siberian city of Krasnoyarsk which is expected to improve energy efficiency and cut pollution by 14 percent thanks to the use of more environmentally-friendly technologies.
more »
The Directorate-General for Competition has issued a review of the aid schemes introduced by Member States and approved by the Commission during the financial crisis.
more »
Rescue planes from New Zealand have been taking part in a massive search for passengers after a ferry sank off the coast of Tonga. At least 27 people are missing.
more »
Courtney Adams has always loved cooking. As a kid she baked brownies for her friends and in college her apartment was the place to go to for a home-cooked meal. But she never thought she'd cook for a living.
more »
The European Commission has authorised, under EC Treaty state aid rules, a scheme offering reduced-interest loans to businesses investing in the production of environmentally friendly products, as part of the German package to tackle the current economic crisis.
more »
Ramūnas Bičiulaitis, former board member and financial director of AB LEO LT, starts working as head of the Finance Department of Danske Bankas.
more »
The EBRD has kept up a rapid pace in the syndicated loans market, defying difficult market conditions and pulling together nine deals so far this year, worth a total €1.2 billion.
more »