Wolfowitz Approved to Lead World Bank in 5 Year Term
The World Bank unanimously approved Paul Wolfowitz, a Bush loyalist and former deputy defense secretary, to serve as president beginning June 1. The bank funds development projects across 184 nations, aiming to reduce poverty and improve living standards, with annual lending near $20 billion for roads schools and AIDS programs.
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Medicare premium could rise to 89.20 in 2006
Medicare Part B costs surge by more than 15 percent, local officials say, potentially lifting next year’s premium by 11 dollars to 89.20. Current 78.20, 39 million beneficiaries face continued double digit increases as doctors weigh Medicare reimbursements amid policy debates.
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Monaco crown prince assumes royal powers from ill father
Prince Albert, 47, the son of Prince Rainier III and Grace Kelly, takes over Monaco's royal duties as a commission rules Rainier too ill to rule. Rainier, 81, has been in intensive care since March 7 with breathing kidney and heart problems.
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