Thus is the comment pronounced by a Moroccan entrepreneur to show his disappointment at the new World Bank chief. Reuters is reporting that the Africans are criticising the current process of appointing the president of the World Bank and are angered by “the arrogance of the US.” Continue reading
Bush will make the announcement tomorrow according to an Associated Press release, published by ABC news.“President Bush has chosen Robert Zoellick, a one-time U.S. trade representative and former No. 2 official at the State Department, to lead the World Bank, a senior administration official said Tuesday.” Continue reading
Bloomberg is reporting that “The German government has told the Bush administration that it would support the nomination of former U.S. Trade Representative Robert Zoellick to head the World Bank, a German government official said.” Continue reading
According to the Financial Times, Zoellick is leading the pack of contenders for the position of President of the World Bank.
Senior US administration officials expect a decision on the successor to Paul Wolfowitz, who steps down as bank president on June 30 following an ethics scandal, to be announced this week in Washington.” Continue reading
Reuters is reporting that South Africa is pushing the US to abide by an agreement of the Group of 20 economic powers for an open and transparent appointment of the new head of the World Bank. Continue reading
Wrote the four House Chairmen in a letter to Bush, released today and reported by Reuters. According to them,“The nominee should be deeply committed to American values, but need not have an American address. The global pool of talent is deep, and we should make it clear that the United States believes that the best nominee could come from anywhere,” the Democratic congressmen said. Continue reading
Bloomberg is reporting that , according to Irish bookmaker Paddy Power, “Zoellick’s odds of getting the job are 13-8, better than U.S. deputy Treasury secretary Robert Kimmitt at 7-4″ Continue reading
In this post I mentioned and did comment that Carly Fiorina should not be considered for the position of the Prez of the WB. Indeed she had what she called “a successful career” at AT&T/Lucent but that was mainly in Sales and Marketing. Some of us know how the revenues brought by a good account and a good contract can benefit the head honcho and spiral his/her career in the world of backslapping industrial sales. Continue reading
With a heading, World Bank President- runners and riders, the Guardian UK has listed a few names and comments on some contenders for the upcoming appointment (or race depending how one views it) Continue reading