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
AB Bank SNORAS, being the patron of the “Partnership Leader” nomination of the International trading palace ICC Lietuva (hereinafter - ICC Lietuva), this year initiated a special prize - “Business Ambassador”.
more »
Tremont Capital Group, an ATM-industry consultancy that works closely with the ATM Industry Association, has released its 2009 ATM Industry Fact Sheet, which summarizes the history and current state of the ATM industry.
more »
The renowned magazine “Global Finance” has named the UniCredit Group as the “Best Trade Finance Provider 2009” in CEE, Austria and Poland as well as “Best Bank for Payments & Collections in CEE 2009”.
more »
AB Bank SNORAS group, which comprises AB Bank SNORAS, AB “Latvijas Krājbanka” operating in Latvia and 19 other companies, during last year, according to unaudited data, earned LTL 41.7 million profit.
more »
At a meeting this week, Nils Melngailis, the Chairman of Parex banka, and Alex M Furber, American Express Vice President in Central and Eastern Europe, agreed to explore further options for co-operation.
more »
The country’s residents wish to have a clear understanding of financial services they use and are ready to make their final decision only when the advantages or disadvantages of each option is evident to them.
more »
Thales UK`s naval business recently announced the signature of an important sub-contract with Swedish company Polyamp AB for the supply of mine warfare degaussing systems for its new Lithuanian warship reactivation programme.
more »
Hundreds of anxious depositors are rushing to pull out their money from banks affiliated with the Texas billionaire Allen Stanford accused of fraud.
more »
VAT cuts for things like household repairs, care services, audio books and beauty treatments are likely to be backed by MEPs on Thursday.
more »
MEPs are calling for tough new measures to be taken against whaling.
more »