Re: Wolfowitz ‘to stay’ at World Bank

On Apr 15, 2007, at 8:26 PM, Wojtek Sokolowski wrote:

What surprises me is that the powers that be are willing to sacrifice the international reputation of the Bank to save the position of a Bush cronie. Why?

The FT reports:

A senior European official told the Financial Times that unless the =

White House withdrew its support, European countries were not =

sufficiently united to succeed in an immediate attempt to force Mr =

Wolfowitz=92s removal.

But a series of European ministers voiced sharp public criticism of =

Mr Wolfowitz at the weekend and the affair overshadowed the formal =

agenda of IMF and World Bank spring meetings.

Heidemarie Wieczorek-Zeul, Germany=92s development minister, said Mr =

Wolfowitz had to decide =93whether he still has the credibility to =

represent the position of the World Bank=94.

Hilary Benn, the UK development minister, said =93this whole business =

has damaged the bank and should not have happened=94.

Europe=92s position was not united, according to the European =

official. Germany and the UK were leading the fight against Mr =

Wolfowitz, with France holding back for tactical reasons and Spain =

willing to sit on the sidelines.

The White House has twice declared its backing for the bank =

president and several African leaders stood up in support. =

Antoinette Sayeh, finance minister of Liberia and a former World =

Bank official, reflected the African stance, praising Mr =

Wolfowitz=92s =93visionary leadership=94.

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