Conflict Violence: Bank and Energy Transmission

conflict violence: The U.S. wants to see additional progress in shifting more World Bank loans to poorer countries, he said, according to The Japan Times. The lending institution is a major source of development assistance for projects such as building damns for energy transmission. The Trump administration was encouraged that the bank's private sector lending operation wanted to step up support for nations affected by fragility, conflict and violence, Mnuchin said as the spring meetings of the bank and the International Monetary Fund wrapped up in Washington. ; The World Bank, he said, needed to make sure that such support was aimed at boosting private investments that are growth-enhancing and poverty-reducing. Mnuchin said investments in energy production represented a critical need to aid development in poorer nations. She would have been great at that because she's very good with numbers. The U.S. has succeeded in installing David Malpass, a longtime World Bank critic, as the bank's new president, although President Donald Trump said in a published interview that he had considered his daughter, Ivanka, a White House adviser, for the job. (news.financializer.com). As reported in the news.