President Donald J Trump named David Malpass, currently US Treasury Undersecretary for International Affairs, as the US candidate for the Presidency of the World Bank - formally the International Bank for Reconstruction and Development, or IBRD - on February 6 after current President Jim Yong Kim resigned unexpectedly from the position on February 1.

Washington doesn’t have the only word

Although not a hard and fast requirement, the US selected for the IBRD’s lead position is almost invari...


This story is part of New Europe's Premium content.

To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑
new europe join now