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More US voices call for Wolfowitz to go
The White House statement in favour of Wolfowitz is described by the FT as "more nuanced" than it suggests. And it cites US voices calling for the Bank president to go. Ken Rogoff, former IMF chief economist, told the FT: “President Wolfowitz’s credibility is so badly compromised that the board is ... going to have to force him to resign.” The Hill quotes him saying “Wolfowitz’s tenure at the World Bank has been marked by some of the [same] failures as his term managing the war in Iraq — cronyism and rhetoric that does not match reality — and now serious questions of financial integrity that have alarmed our allies,” Edwards said. Unfortunately Edwards did not lay out his views on whether the US government would waive its right to appoint the World Bank president next time. Wolfowitz has apparently been avoiding reporters today, according to Bloomberg. We're still assuming he's coming out to say something in about one hour's time though. Alex Wilks ~ April 13, 2007
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