Reuters:
http://www.reuters.com/financeNewsArticle.jhtml?type=bondsNews&storyID=7920249 UPDATE 1-
Bush to tap Wolfowitz as new World Bank president Wed Mar 16, 2005 09:36 AM ET
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WASHINGTON, March 16 (Reuters) - President George W. Bush has decided on Deputy Defense Secretary Paul Wolfowitz, one of the main advocates for the Iraq war, as his choice for World Bank president, administration officials said on Wednesday.
Wolfowitz would replace outgoing World Bank President James Wolfensohn, who said earlier this month that Wolfowitz was no longer in the running for the post.
Wolfowitz is a deeply controversial figure in Europe because of his role in designing and promoting the Iraq war, and his selection could spark a backlash. <..>
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