WORLD BANK LOSES LEGAL IMMUNITY, Trump Signals Major Reforms

in dtube •  3 months ago  (edited)


The World Bank was stripped of it's legal immunity this week in a 7-1 vote by the Supreme Court. This comes weeks after the resignation of Obama-appointed former World Bank President Jim Yong Kim.
Notably, President Trump's nomination for the new World Bank President, David Malpass, has consistently criticized the World Bank, saying that the World Bank is among "a host of organizations are creating mountains of debt without solving problems."
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Source:
https://www.icij.org/investigations/world-bank/world-banks-legal-immunity-stripped-opening-door-for-lawsuits/
https://kfdm.com/news/nation-world/trump-to-tap-david-malpass-critic-of-world-bank-to-lead-it


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