Economy Live

Finally, Robert Zoellick is all set to take on the chair of World Bank President after getting full-fledged backing from the bank's governing body. Zoellick, former deputy US secretary of state and trade representative, was choose unanimously for.

Nominated by President George Bush, Robert Zoellick has successfully secured the support of the World Bank’s board of directors. The nomination was filed for the post of President of the World Bank. As per the custom, the President is elected by...

Robert Zoellick, possible new head of World Bank, warns Venezuela that leftist Chavez led government will ruin the country. Government anti-liberal policies are pushing economy on the limbo as it’s causing to alienate country from the outer...

Robert Zoellick, U.S. nominee for president at the World Bank, has reaffirmed that Africa continues to be the topmost priority for World Bank. In his first interview since being nominated to succeed Paul Wolfowitz at WB, Zoellick on Saturday focused..

A senior U.S. official, speaking on conditions of anonymity, said yesterday that Robert Zoellick, a former U.S. Trade Representative, has been chosen to succeed Paul Wolfowitz at the World Bank. He further added that President Bush is likely to...

Paul Wolfowitz, the departing president of World Bank, on Monday, once again refused to take the blame for his exit from the Bank. In an interview to the British Broadcasting Corporation, he blamed media and 'overheated emotions' at the Bank for his..

The board of the World Bank has met to decide the fate of the organisation's president, Paul Wolfowitz. Wolfowitz has confronted demand for his resignation over the promotion and pay of an ex-colleague with whom he is allegedly romantically...

President George W. Bush has confirmed what many had expected. On Monday, in an interview with Reuters, he said that he would like to see an American at the helm of the World Bank, once Paul Wolfowitz officially departs. Wolfowitz had announced...

World Bank President Paul Wolfowitz said Thursday he will resign at the end of June, giving up his long fight to survive pressure for his ouster over the generous compensation he arranged for his girlfriend.

Wolfowitz chapter has been closed after his resignation from the World Bank and now bank is searching for a new president. The European Commission has called for a quick appointment, saying the poverty fighting institution needs stable and strong...