Saturday, May 19, 2007

US has tough task to heal rift over Wolfowitz

(Reuters) - A day after Paul Wolfowitz resigned as World Bank president under an ethics cloud, the United States faced the tough task of healing rifts with Europeans and satisfying calls that his successor be picked on merit, not just nationality.

Wolfowitz's resignation on Thursday followed pressure by European opponents who said his handling of a high-paying promotion for his companion damaged the institution's credibility. Bank staff complained the crisis had undermined their mission of fighting poverty in developing countries.


Read more at Reuters Africa

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