President George W. Bush on Wednesday nominated Robert Zoellick, the former US deputy secretary of state, to be the next president of the World Bank.

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Alan Beattie, world trade editor, on what Robert Zoellick will bring to the World Bank presidency

If confirmed by the bank’s board, Mr Zoellick will replace Paul Wolfowitz, who agreed to resign as bank chief on June 30 following a two-month long crisis over his handling of a secondment package for his partner, a bank official.