US nominates David Malpass to replace Jim Yong Kim

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United States President Donald Trump has formally nominated David Malpass to replace Jim Yong Kim as World Bank President. The 62-year-old, who serves in Trump's administration as Under Secretary at the Treasury, has been an outspoken critic of the Bank and articulated a vision that could overhaul the institution's practices. Sherwin Bryce-Pease report.

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