Letting the Wolf in

It's official: Wolfowitz is cleared to become the new president of the World Bank (from the FT).

Canadian network CTV suggests in their report that his "neo-conservatism" was an issue. (I'll use the quotation marks because I'm not convinced that CTV, or anyone else, really knows what that word means.) But at the end of the day, the Europeans either saw the light and realized that Wolfowitz would be great for the job, or they realized that fighting would be futile and surrendered. Take your pick.

The Cranky Economist, for his part, is relieved to see that the nomination will be approved. Wolfowitz strikes me as just what the World Bank needs.