World, As Seen from the most beautiful islands: Ireland and Cyprus

David Malpass is looking forward to a “constructive relationship” with China


The new boss of the World Bank, David Malpass, wants to help the poorest countries in the coming years. He is also looking forward to a “constructive relationship” with China. That’s what the American said at the first press conference in his new role.

The appointment of Malpass recently caused a great deal of commotion. The 63-year-old economist and former US Deputy Minister is known as a loyal supporter of President Donald Trump. He would also have a hard line towards China.

On Thursday, Malpass sketched a picture of the future in which China will change from a country that borrows a lot from the World Bank, to a country that lends less and at the same time gives to other countries. He emphasized that this had already been agreed with the World Bank last year. Malpass also said that the poorest countries are currently hit hardest by the global cooling of the economy. Helping those countries is therefore a priority.

Written by: Grace Kennedy

Grace Kennedy is a leading journalist, columnist of events in Ireland and beyond. 8 years in journalism, since she dropped out of university and ran away from home.

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World, As Seen from the most beautiful islands: Ireland and Cyprus

From Trinity st. to Limassol, Cyprus

Ireland and Cyprus have one thing in common. The most beautiful islands are divided. Even proportions are strikingly similar. Both nations strive for unity and a good glass of the news. More about us under the link.

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