/>

Post a Comment Print Share on Facebook
Featured Hot News

reads.

The world bank's new head is its biggest critic

It is a controversial choice.

The 62-year-old Malpass is currently working with the international relations, the US treasury department and has been a key figure in the ongoing trade negotiations with China.

He has also been responsible for US relations with the world Bank.

His skeptical attitude to the bank in general, and his previously expressed criticism of the fact that it lends money to China, which he believes does not need help, have immediately created suspicions that the USA during Donald Trump want to use the bank for political purposes.

As a way to curb China's growing influence in the world.

the united states is the world bank's most röststarka member and has, therefore, been the country that has traditionally chosen its president. But before David Malpass takes place at the top of the organization, he must first be approved by the bank's board of directors.

it is high time that the world Bank change the focus. In particular, he turned to the world Bank lend so much to the relatively rich countries like Brazil and China.

– the world bank's largest borrowers is China...and they have lots of resources. It does not go together with that they borrow money in the united states and uses the u.s. government's guarantees to make it, " he said then.

Last year, David Malpass to the negotiations that gave the world Bank additional $ 13 billion in capital. But a precondition for the agreement was that richer developing countries such as China will pay a higher interest rate on the loan.

In Wednesday night tried to the nominated 62-year-old american reassure the world about his suitability for the job.

" I take the assignment very seriously, as well as to lift countries out of poverty and get them to succeed in achieving growth. I am sure that the world Bank can succeed, " said David Malpass, during a press conference in Washington.

It has not dampened the criticism.

as a way of Donald Trump to place a known to be loyal employees at a major record in five years. It occurs when the tension with China is greater than in a long time.

"He has been a supporter for a long time," said Donald Trump, when the choice of David Malpass became public, refers to the New York Times.

A “remarkable” man, according to Trump.

David Malpass replaces Jim Yong Kim, who recently unexpectedly resigned as president of the world bank three years before his term expired.

Avatar
Your Name
Post a Comment
Characters Left:
Your comment has been forwarded to the administrator for approval.×
Warning! Will constitute a criminal offense, illegal, threatening, offensive, insulting and swearing, derogatory, defamatory, vulgar, pornographic, indecent, personality rights, damaging or similar nature in the nature of all kinds of financial content, legal, criminal and administrative responsibility for the content of the sender member / members are belong.