www.wolfowitzresign.com May 21, 2007

"Mission (Actually) Accomplished!" We are retiring. Good luck with the search for a successor.
Showing posts with label bank board. Show all posts
Showing posts with label bank board. Show all posts

Wednesday, May 16, 2007

World Bank Board adjourns at U.S. request

"This is a desperate attempt by the United States to buy time. They know he has to go and they just need some time to get it right," said a board member.

US Executive Director Eli Debevoise told the Board, "We need more time to think through the issues."

REUTERS MAY 16- The World Bank board, considering a panel's report critical of bank President Paul Wolfowitz, has adjourned until 2:30 p.m. (1830 GMT) at the request of the United States, bank and board sources said today.

Berlin, Will He, Won't He?

FT Observer - The German finance ministry has the delicate matter of deciding whether to set a place at the table for Wolfowitz at a conference near Berlin this week... Amid rumours that the bank's board would at any moment decide on Wolfowitz's fate, a senior finance ministry official told journalists yesterday he was ready for all eventualities. "As of midday today we are still expecting him," he said, looking at his watch. "We'll just have to wait and see."
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Tuesday, May 15, 2007

Canada Comes Out of the Closet

WASHINGTON (Reuters) May 15 2007 - The US failed to win the support of key allies in the Group of Seven over World Bank President Paul Wolfowitz's leadership, with only Japan standing by Washington, a bank board source said Tuesday.

"Japan was aligned with the United States, but others, including Canada, were against Wolfowitz continuing," the European source told Reuters, following a conference call of G7 officials. The G7 comprises the United States, Japan, Canada, Italy, France, Germany and Britain.

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