who will be next World Bank President What will they do


Exoneration for Wolfie's resignation. That's the wish of Wolfowitz but the Bank Board is not giving in, reports WaPo, which continues with:"for another day, the leadership crisis at the World Bank went on with no clear end in sight and much speculation about how and under what circumstances Wolfowitz might eventually depart."

The German and British EDs together with the Canadian ED, who represents his country, the Caribbean and Ireland, have taken the lead to reach a compromise that will avoid a vote for his removal.

Germany and Britain have been strongly pushing for Wolfowitz to resign and it is suprising to see Samy Watson (Canadian ED) in the picture since we know how the Harper Govt has been sitting on the fence for the past month because the neighbour from the White North didn't want to cause trouble with Bush as appropriately described HERE.

I guess Flaherty realized that he won't have to face Paulson when he is at Posdam since Paulson won't be there and Harper would like to have some world recognition @ the upcoming G8 because he is still an unknown even after his first attendance last year.

The Beaver ~ May 17, 2007

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