From Democracynow.org:
World Bank Expresses “Grave Concern” in Wolfowitz Rebuke
World Bank President Paul Wolfowitz has suffered a new setback in his fight to keep his job. On Sunday, the World Bank’s top oversight committee endorsed a statement saying it had “grave concern” about the bank’s credibility and morale. Wolfowitz was found to have ordered a major pay increase and promotion for his longtime companion, Shaha Riza. The World Bank’s staff association has already called for Wolfowitz to step down. The oversight committee consists of dozens of world finance ministers and leaders of other international organizations. In response, Wolfowitz held a news conference Sunday and vowed to stay on. Paul Wolfowitz: "The board is looking at it. I'm not going to pre-empt what they are doing by discussing it with you here."
Venezuela Pays off World Bank-IMF Debt
Venezelua has announced its paid off its remaining debt to the World Bank and International Monterary Fund. Venezuelan President Hugo Chavez: "Today, with the last payment that debt that had been almost $3 billion since 1998. We also had a large debt with the IMF. Venezuela was hand tied. I can tell you today, that we don't owe a cent of debt to either the IMF or the World Bank."
1 comment:
Selfish not to step down and help the bank get some credibility back.
OMG, I heard on the news earlier 20 students killed now its up to 33 at Virginia Tech. Horrible. The bad weather also contributed to victims not being able to be airlifted to bigger hospitals.
Yes, last night I saw Larry King, whom, yes shake your head, I know, I know, but he had Elizbeth Edwards on, she looked good considering what she is going through. She is also out campaigning and plans to in the fall. She is an intelligent woman with a good head on her shoulders, an obvious asset to John.
And yes, I could not help myself, I saw Journey with George, done by purple Monkey Productions, about W on the 2000 campaign, and psycho Laura had that psycho grin on in all shots. He said to Alexandria the producer "you have good stylishness" what? Gerbilspeak so soon Until I could stomach no more. That was on MSNBC..maybe because they had an empty time slot b/c of Imus?
The History Channel had a really good special on Fort Knox and interviewed some auditors that were actually in there weighing all the gold.
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