Friday, May 11, 2007

Endgame emerges as Wolfowitz fights to stay on at World Bank

By Rupert Cornwell in Washington
Published: 11 May 2007

Paul Wolfowitz's fight to save his job is set to continue until at least early next week. Notwithstanding repeated declarations of support from the White House, intense diplomatic manoeuvring between the US and Europe still seems likely to end with the departure of the beleaguered World Bank president.

In a small concession, the bank's executive board has extended until tonight its deadline for Mr Wolfowitz to explain himself, after a special committee found that he had violated ethics rules by arranging a promotion and big pay rise for his partner Shaha Riza when she moved from the bank to the State Department in 2005. continue...

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