World Bank unanimously approves Wolfowitz as new president

[JURIST] The World Bank [official website] has unanimously approved the nomination of US Deputy Defense Secretary Paul Wolfowitz [DOD biography] as the next president of the 184-nation development bank. Wolfowitz was seen as a controversial choice [JURIST rpeort] because of his role as architect of the Iraq war and his support of overseas harsh governments. Wolfowitz sought to dampen criticism by saying poverty reduction and economic development were the bank's stated mission and that he would not pursue any kind of political agenda. The bank has traditionally had an American president because the country is the largest shareholder. Read the World Bank press release. AP has more.

 

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