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Thursday March 17, 08:38
Bush names new World Bank chief
(by Mark Riley)

Bush names new World Bank chief

On Wednesday, the US President George W. Bush nominated the new head for the World Bank. Paul Wolfowitz will work in line with Bush’s “nationalist foreign policy,” some experts say.

"We are seeing the Bush administration extending its nationalist foreign policy to these key international organizations. The administration regards these institutions as constraints on American power, and the president is moving people into these positions to deal with that,"said Ivo Daalder, a foreign policy expert with the liberal-leaning Brookings Institution.

Wolfowitz, an aggressive advocate of the invasion to Iraq, was highly anticipated to be named the World Bank’s chief. Earlier this month, Bush nominated John R. Bolton, who once said it would be OK if all ten floors of the UN headquarter diminished, as U.N. ambassador.

The Bush administration said Wolfowitz is the most qualified among all the candidates. Earlier it was rumored that Carly Fiorina, Hewlett Packard former CEO, was one of the possible candidates.

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