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After World Bank’s Head Quits, Donald Trump Likely To Determine The Successor

China, though a part of the World Bank, has thrown a challenge to it by setting up its own development banking institutions

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Trump, U.S.
Donald Trump. VOA

World Bank President Jim Yong Kim has announced that he is stepping down as the head of the premier anti-poverty institution putting the likely choice of its future leadership in the hands of US President Donald Trump, a sceptic of international development.

Trump’s role is expected reinvigorate challenges to Washington’s monopoly on appointing the Bank’s head.

Announcing his decision on Monday, Kim said in a tweet: “It’s been the greatest privilege I could have ever imagined to lead the dedicated staff of this great institution to bring us closer to a world that is finally free of poverty.”

Kim, 59, who is dropping out 19 months into his second term on February 1, would be joining a private company and focus on infrastructure investments in developing countries, the Bank said.

The Bank’s CEO Kristalina Georgieva will become the interim president till a successor to Kim is appointed.

As the largest share-holder, the US by tradition appoints the head of the Bank, while Europeans determine the chief of the International Monetary Fund.

Kim was nominated for the job by former President Barack Obama in 2012.

Before Trump’s election, Kim was hastily re-appointed in September 2016 to a second term that began in July 2017 with an eye on pre-empting a possible Trump nominee getting the job.

Now, however, Trump will get an opportunity to nominate the Bank’s head.

Trump’s role will resurrect and strengthen challenges to the post-World War II model of the leadership of the 189-member bank that has always been determined by the US .

Already the US nominee was challenged for the first time in 2012 by two contenders.

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World Bank head quits, Trump likely to determine successor. VOA

Colombian economist Jose Antonio Ocampo Gaviria eventually withdrew from the race, while Nigeria’s then-Finance Minister Ngozi Okonjo-Iweala lost when the Bank’s directors rubber-stamped Kim’s appointment.

Now there will be robust demands for reconsidering the US leadership of the Bank and stronger non-American contenders for the job.

Kim, a South Korea-born US citizen, was an unusual leader for the Bank: He was a medical doctor by training, a specialist in public health and an academic with a Harvard doctorate in anthropology who had led the Ivy League Dartmouth College.

But his background in health was a plus for the Bank’s mission of fighting poverty and promoting development.

Under his leadership, the Bank adopted in tandem with the UN the goal of ending extreme poverty by 2030 and focusing on the bottom 40 per cent of the population in the developing world.

The Bank’s International Development Association, which funds programmes in the least developed countries, achieved two record replenishments during his tenure, the last one in 2016 for $75 billion.

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Last April, the Bank also increased its capital by $13 billion with the unexpected support of the Trump administration.

Kim also pushed the Bank’s cooperation with the private sector for financing development in the developing world, particularly in the areas of climate change and infrastructure.

China, though a part of the World Bank, has thrown a challenge to it by setting up its own development banking institutions.

The Asian Infrastructure Investment Bank (AIIB), founded in 2016 is one of those institutions and several countries including India, Germany, Britain and South Korea have joined it. (IANS)

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US President Donald Trump Again Slams Google for Manipulating 2016 Election

Trump and fellow Republicans have accused tech giants including Google of bias against conservative viewpoints

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US, President, Donald Trump
President Donald Trump listens during a Cabinet meeting in the Cabinet Room of the White House, July 16, 2019, in Washington. VOA

US President Donald Trump has once again lashed out at Google for manipulating millions of votes in the 2016 presidential elections in favour of then Democratic candidate Hillary Clinton.

“Wow, Report Just Out! Google manipulated from 2.6 million to 16 million votes for Hillary Clinton in 2016 Election! This was put out by a Clinton supporter, not a Trump Supporter! Google should be sued. My victory was even bigger than thought,” Trump tweeted late Monday.

However, the report Trump mentioned in his tweet was published in 2017 that described there was a bias in Google and other search engines during the run-up to the 2016 elections.

Trump’s tweet citing an old research paper also tagged conservative watchdog group Judicial Watch with his tweet, “perhaps asking them to investigate. It’s also unclear who he thinks should sue the company”, reports TechCrunch.

In a statement, Google said: “This researcher’s inaccurate claim has been debunked since it was made in 2016. As we stated then, we have never re-ranked or altered search results to manipulate political sentiment.”

Clinton also responded to Trump: “The debunked study you’re referring to was based on 21 undecided voters. For context that’s about half the number of people associated with your campaign who have been indicted.”

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A man walks past a Google sign outside with a span of the Bay Bridge at rear in San Francisco, May 1, 2019. VOA

The paper was published by Robert Epstein, a psychology researcher who works for the American Institute for Behavioral Research and Technology and testified before the US Senate Judiciary Committee in June.

The CNBC reported that “Trump’s tweet appears to refer to documents leaked to conservative group Project Veritas, but the documents do not appear to contain any outright allegation of vote manipulation or attempts to bias the election”.

Earlier this month, Trump criticized Google CEO Sundar Pichai for alleged ties to election tampering and China’s military.

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“@sundarpichai of Google was in the Oval Office working very hard to explain how much he liked me, what a great job the Administration is doing, that Google was not involved with China’s military, that they didn’t help Crooked Hillary over me in the 2016 Election,” he had tweeted.

Trump and fellow Republicans have accused tech giants including Google of bias against conservative viewpoints. (IANS)