'Ivanka Trump named as president of the World Bank'

Ivanka Trump, the daughter of US President Donald Trump, is one of the candidates to replace Jim Yong Kim as president of the World Bank. Kim announced Monday to leave on February 1st.


Ivanka Trump, the daughter of US President Donald Trump, is one of the candidates to replace Jim Yong Kim as president of the World Bank. Kim announced Monday to leave on February 1st.

According to The Financial Times , several names are already circulating in Washington, including that of Trumps daughter. David Malpass, a foreign expert at the US Treasury Department, and former UN ambassador Nikki Haley are also mentioned.

The fact that an American will come to the head of the World Bank is obvious, but is not certain. There is a sort of gentlemen's agreement that the Americans may designate the leader of the World Bank, while Europeans may appoint those of the International Monetary Fund (IMF).

The World Bank provides loans to developing countries and middle-income countries to combat poverty.

REF: https://www.nu.nl/economie/5679479/ivanka-trump-genoemd-als-president-van-de-wereldbank.html

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