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World Bank Confirms New Prez

Robert Zoellick to take over July 1

By Dustin Lushing, Newser Staff

Posted Jun 26, 2007 5:48 AM CDT

(Newser) – Declaring that he's looking forward to "encouraging hope, opportunity and dignity," Robert Zoellick was elected yesterday to succeed the embattled Paul Wolfowitz as new chief of the World Bank. The Goldman Sachs investment banker and former US deputy secretary of state will officially... Read full story »

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Speculation On Wolfowitz Successor Builds

World Bank can expect numerous responses to 'help wanted' ad

(NEWSER) - As pressure on Paul Wolfowitz to step down grows, so does the list of possible successors to the scandal-battered World Bank president. The conservative Washington Times focuses on Goldman Sachs executive Robert Zoellick, a former official in both Bush administrations; other names in play include Treasury official Robert Kimmitt and Reagan administration throwback Martin Feldstein. More»

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Institution raises record $25.1B for globe's poorest countries

(NEWSER) - Great Britain has supplanted the United States as the largest contributor to the World Bank, pledging $4.2 billion of the total $25.1 billion raised for the world's poorest nations, a record high. The shift in power reflects both the dollar's waning dominance as well as an end to US-Europe tensions following Paul Wolfowitz's resignation, the Times reports. More»

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(NEWSER) - Robert Zoellick has outlined a new strategy for the World Bank, including giving the private sector a bigger role in development, speeding aid to countries coming out of conflict, and promoting green energy alternatives, Reuters reports. The new president has been quick to reposition the global bank's mission following the turmoil over former president Paul Wolfowitz's resignation under duress. More»

Next World Bank Prez Meets World

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(NEWSER) - Former trade rep Robert Zoellick embarked on a world tour yesterday, in advance of his likely ascension to president of the World Bank this month. Zoellick will stop in Africa to visit the bank's largest beneficiaries, and Europe to schmooze with its largest donors. "I want to leave no stone unturned," he said. More»

Zoellick Vows to Mend World Bank

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(NEWSER) - Robert Zoellick knows he has his work cut out for him, and he says he will try to "calm the waters" if he is confirmed as World Bank president. "This institution has been through a traumatic period and there is a lot of anxiety, some frustration and anger," says the designated successor to Paul Wolfowitz. More»

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World Bank Confirms New Prez

Robert Zoellick to take over July 1

Africa • World Bank • Paul Wolfowitz • Europe • Robert Zoellick • scandal • George W. Bush

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More Newser Stories

Speculation On Wolfowitz Successor Builds

World Bank can expect numerous responses to 'help wanted' ad

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World Bank President Touts New Strategy

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Next World Bank Prez Meets World

Zoellick begins circuit to meet and greet bank's poorest clients

Zoellick Vows to Mend World Bank

Nominee sounds prepared to clean up Wolfowitz mess

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