World Bank president Zoellick leaves office in June February 15, 2012 - 20:38 AMT PanARMENIAN.Net - The president of the World Bank is stepping down, AP reported. Robert Zoellick informed the 187-nation lending organization's board Wednesday, February 15 that he will leave office June 30, the end of his five-year term. The board now begins a selection process to find a new leader, a process that is expected to be more open than in the past. Under an informal agreement dating to the bank's founding nearly 68 years ago, its president has been an American. Under Zoellick's leadership the bank says it provided more than $247 billion to help developing countries boost growth and overcome poverty.   Top stories Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesArmenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
