I wish to know ab the "conflicts" incurred regarding the succession of the New World Bank "Presidency".?thx

Answer 1

The President of the World Bank used to be Paul Wolfowitz. During the first term of George W. Bush, Wolfowitz was one of the key policy architects of the Iraq War. When Wolfowitz took over in 2005, he came in on a sweeping "reform" agenda that sought to keep World Bank money away from corrupt regimes. That made him unpopular with the bank staff because the World Bank is supposed to lend money on purely economic merit and keep politics out. What really got Wolfowitz in trouble was the allegation that he improperly used his influence to get his girlfriend (who used to work at the bank) a job at a higher salary at the US State Department. So he was basically forced to resign because of his unpopularity and the cloud of corruption surrounding his girlfriend. Robert Zoellick became the new World Bank president a few months ago.

http://www.cnn.com/2007/POLITICS/05/17/world.bank.wolfowitz/index.html

Answer 2

In his career politician, Mr Wolfowitz was well known for taking an uncompromising stance.

While US Deputy Secretary of Defence in the wake of the attacks on the World Trade Center and Pentagon, Mr Wolfowitz vowed not only that the US would pursue terrorists, but that it would "end" states sponsoring or harbouring militants.

He was also unyielding in his opposition to the US military buying supplies from overseas nations deemed unfriendly to America.

In 2001 he ordered the recall and destruction of 600,000 controversial Chinese-made berets intended for use by troops.

In an official memorandum, Mr Wolfowitz stated: "The Army Chief of Staff has determined that US troops shall not wear berets made in China or berets made with Chinese content."

The affair came at a time of tense Sino-American relations in the aftermath of the mid-air collision of a US spy-plane and a Chinese fighter jet.

Mr Wolfowitz also served in the 1989-1993 administration of the current president's father, George Bush senior, where he was under-secretary for defence policy under then defence secretary and now Vice-President Dick Cheney.

During those years, he was at the centre of a US administration faced with the challenge of reshaping its military strategy at the end of the Cold War.

His defence policy team also played a key role in co-ordinating and reviewing US strategy in the Gulf War.

Answer 3

Corruption forced the former president to be removed from his position.