[Excerpt: Since his March 16 nomination by Bush, Wolfowitz, seeking to
quell criticism over his selection, has reached out. He has telephoned
Bono, the Irish rock star who is a vocal advocate for helping the
world's poor. He has met with many countries' representatives to the
World Bank and made a trip to Europe, where he won the endorsement of
European Union governments. Support from Europe was important because
hostility there still lingers over the US-led war in Iraq.]

http://209.64.62.42/newsinbrief/brieflies.html#BF14:02:19

World Bank board approves Wolfowitz
Posted: Thursday, March 31, 2:02pm EST
The World Bank's board on Thursday unanimously approved the nomination
of Deputy Defense Secretary Paul Wolfowitz, an architect of the Iraq
war, to be the next president of the 184-nation development bank.

President Bush earlier this month surprised the international community
by recommending Wolfowitz for the job. Wolfowitz's hard-line foreign
policy stance has made him a target of critics at home and abroad.
Wolfowitz will take the helm of the development bank on June 1 to serve
a five-year term.

The bank's stated mission is to fight poverty and improve the living
standards of people in developing countries. It lends around $20 billion
a year to developing countries for various projects, including roads,
schools and fighting AIDS.

The United States is the bank's largest shareholder. The bank
traditionally has had an American president. The unanimous approval came
from the bank's 24-member board.

Since his March 16 nomination by Bush, Wolfowitz, seeking to quell
criticism over his selection, has reached out. He has telephoned Bono,
the Irish rock star who is a vocal advocate for helping the world's
poor. He has met with many countries' representatives to the World Bank
and made a trip to Europe, where he won the endorsement of European
Union governments. Support from Europe was important because hostility
there still lingers over the US-led war in Iraq.

Bush's choice of Wolfowitz has especially raised the hackles of some
international aid organizations and other groups. They question his
development credentials and worry that he would try to use the
development bank to help the United States' friends and punish its
enemies.
enditem


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