Sorry for the lack of posts this morning. Turns out those taxes really won't do themselves.
Paul Wolfowitz, the president of the World Bank, was fighting for his job today after he was forced to make a humiliating apology over ordering a pay rise and a promotion for a bank official, Shaha Riza, who is his girlfriend.Turns out Riza was being transferred to the State Department to avoid a conflict of interest. Wolfy intervened in the process, arranging for his girlfriend to get a promotion and an extra 60 grand per year.
The board of the World Bank met in Washington this morning to decide the fate of Mr Wolfowitz, the controversial former US Deputy Defence Secretary, amid mounting speculation that he could be forced to resign, or even be sacked, in what would be an unprecedented move.