Paul-wolfowitz - Latest Popular Stories, Instablogs Community

World Bank lacks transparency, purpose ' Should it be closed?

Vikas Shekhawat — Thu, 13 Sep 2007 10:48:48 +0000

# Bank is facing huge losses , from bid-rigging, bribes, poor quality of goods and services and other problems in lending operations to poor countries. # Former Bank President Paul Wolfowitz’s disgraceful ouster has marred the...

Rato shocks one and all, says will quit IMF in October

Gagandeep — Fri, 29 Jun 2007 08:05:44 +0000

The world has not gotten quite over what happened at the World Bank recently, and to make things even more interesting, it seems that IMF is also on the verge of witnessing a change at its helm. Rodrigo de Rato the managing director of the IMF...

Zoellick has Africa on mind

Gagandeep — Mon, 11 Jun 2007 06:36:54 +0000

Robert Zoellick, U.S. nominee for president at the World Bank, has reaffirmed that Africa continues to be the topmost priority for World Bank. In his first interview since being nominated to succeed Paul Wolfowitz at WB, Zoellick on Saturday...

US official: Zoellick's appointment on the cards at WB

Gagandeep — Wed, 30 May 2007 07:05:17 +0000

A senior U.S. official, speaking on conditions of anonymity, said yesterday that Robert Zoellick, a former U.S. Trade Representative, has been chosen to succeed Paul Wolfowitz at the World Bank. He further added that President Bush is likely...

Wolfowitz's parting shot directed at media

Gagandeep — Tue, 29 May 2007 05:44:12 +0000

Paul Wolfowitz, the departing president of World Bank, on Monday, once again refused to take the blame for his exit from the Bank. In an interview to the British Broadcasting Corporation, he blamed media and ‘overheated emotions’ at the...

Prez Bush favors status quo at WB

Gagandeep — Tue, 22 May 2007 06:46:44 +0000

President George W. Bush has confirmed what many had expected. On Monday, in an interview with Reuters, he said that he would like to see an American at the helm of the World Bank, once Paul Wolfowitz officially departs. Wolfowitz had...

Tony Blair at top in race for World Bank job: Joe Stiglitz

Pratyush — Sat, 19 May 2007 10:33:05 +0000

Will Tony Blair be the next president of the World Bank? If we believe on the report coming in media, Tony Blair’s name has emerged as the main contender for the post of president of the World Bank. Mr Blair, who steps down as Prime...

Wolfowitz resigns; is leadership crisis at WB over?

Gagandeep — Fri, 18 May 2007 07:31:06 +0000

Paul Wolfowitz finally succumbed to the mounting pressure and resigned from the World Bank on Thursday. This brings down the curtain on a protracted battle over his involvement in arranging a pay scale for his girlfriend at the bank. Here is...

Face-saving exercise in the making; Wolfowitz working on resignation

Gagandeep — Thu, 17 May 2007 07:52:45 +0000

The ongoing leadership crisis at the World Bank is heading for a speedy conclusion. Beleaguered World Bank President, Paul Wolfowitz, is negotiating an agreement to resign, if sources are to be believed. Wolfowitz is seeking a...

Final act in Wolfowitz drama, WB Panel releases report

Gagandeep — Tue, 15 May 2007 08:02:07 +0000

The ad hoc World Bank panel has criticized Wolfowitz for violating the ‘Code of Conduct and Staff Rules,’ and has rejected the arguments that he had earlier submitted in his defense. The panel appointed by the World Bank, to look into...