Tag Archives: World Bank

Trump Interviewed Heidi Cruz To Head World Bank

The Independent reports: Donald Trump interviewed Heidi Cruz – wife of Texan senator Ted Cruz – for World Bank president but is not now considering giving her the job, people familiar with the matter have said. Treasury Undersecretary David Malpass remains the clear frontrunner for the job, but Mr Trump has continued to consider others, including Ms Cruz and prominent …

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Ivanka Under Consideration To Head World Bank

Business Insider reports: President Donald Trump’s daughter, Ivanka Trump, who works as a White House adviser, is one of the names being considered as a replacement for The World Bank’s outgoing president, Jim Yong Kim, the Financial Times reported Friday. The DC-based World Bank, founded after World War II to finance economic-development projects in emerging economies, has traditionally been led …

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UGANDA: World Bank Suspends $90M Loan Over Anti-Homosexuality Law

The World Bank has suspended a $90M loan to Uganda over the signing of the anti-homosexuality bill by President Yoweri Museveni. “We have postponed the project for further review to ensure that the development objectives would not be adversely affected by the enactment of this new law,” World Bank spokesman David Theis said in an email. Ugandan president Yoweri Museveni …

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