us lawmakers back sachs to lead world bank
Last Updated : GMT 03:23:40
Arab Today, arab today
Arab Today, arab today

US lawmakers back Sachs to lead World Bank

Arab Today, arab today

Arab Today, arab today US lawmakers back Sachs to lead World Bank

Washington - AFP

A group of Democratic lawmakers in the US Congress Friday pushed President Barack Obama to name renowned American economist Jeffrey Sachs as the next World Bank president. Sachs, whose self-declared candidacy has drawn a number of endorsements from around the world, has the leadership skills for the job, 27 members of the House of Representatives said in a letter to Obama. \"When the member nations of the World Bank meet this spring to select the organization\'s next president, we strongly encourage you to nominate Professor Jeffrey Sachs,\" the lawmakers said in the letter. \"We believe that Professor Sachs has the experience, expertise, and bold vision for the future needed to lead the World Bank at this critical moment in history.\" The letter to the Democratic president, dated March 15, was spearheaded by Representative John Conyers, a Michigan Democrat. A Conyers spokesman told AFP the letter was delivered to the White House Friday. It pressed the White House to choose the development specialist as its nominee to replace outgoing president Robert Zoellick, the former US diplomat who will leave at the end of his term in June. \"The World Bank has often been headed by (a) career politician or a Wall Street banker, who has often lacked significant experience or expertise in international development policy,\" they wrote. \"In contrast, Professor Sachs is a development professional and a problem solver -- someone who has seen the destabilizing effects of poverty, famine, and resource scarcity first hand, and who has mobilized people and resources to do something about it.\" Sachs is the director of the Earth Institute at Columbia University and a special adviser to UN Secretary-General Ban Ki-moon, and has worked for decades in poverty alleviation projects around the world. The World Bank has said it plans to fill the post being vacated by Zoellick by the start of its spring meetings with the International Monetary Fund on April 20. Nominations are due on March 23. By tradition, the United States has always put an American at the helm of the World Bank, while Europe selects a European to lead the IMF. But emerging economies have loudly protested that status quo, demanding greater representation at the two Washington-based institutions.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us lawmakers back sachs to lead world bank us lawmakers back sachs to lead world bank

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us lawmakers back sachs to lead world bank us lawmakers back sachs to lead world bank

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Japanese regulators raid Airbnb

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Saudi, Bahrain target Iran

GMT 00:48 2017 Monday ,20 November

Saudi, Bahrain target Iran
Arab Today, arab today Europe turns on Facebook, Google

GMT 02:26 2017 Monday ,20 November

Europe turns on Facebook, Google
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Mona Abdel Ghany increased artistic activities

GMT 12:15 2017 Friday ,17 November

Mona Abdel Ghany increased artistic activities
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 02:28 2017 Saturday ,18 November

Anti-drug operation nets 4 tonnes

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday