World
World Bank board elects US nominee Ajay Banga as president
The World Bank’s board of governors on Wednesday elected former Mastercard CEO Ajay Banga to a five-year term as president, ushering in an Indian-born finance and development expert to revamp the lender to tackle climate change and other global crises, Reuters reported.
Banga, 63, was nominated for the post by U.S. President Joe Biden in late February and was the sole contender to replace departing World Bank chief David Malpass, an economist and former U.S. Treasury official who served in the Trump administration. He starts the new job on June 2.
The election came after World Bank board members interviewed Banga for four hours on Monday. Malpass’ last day at the bank will be June 1. The decision came in a vote by 24 of the board’s members, with Russia abstaining, instead of the usual consensus-based process, a source familiar with the process said.
Biden congratulated Banga on his “resounding approval” to run the World Bank, which he described as “one of humanity’s most critical institutions to reduce poverty and expand prosperity around the globe.”
“Ajay Banga will be a transformative leader, bringing expertise, experience, and innovation to the position of World Bank President,” Biden said. “He will help steer the institution as it evolves and expands to address global challenges that directly affect its core mission of poverty reduction — including climate change.”
Treasury Secretary Janet Yellen said Banga brought the “right leadership and management skills” to the job, and would play a critical role in pushing forward with additional reforms, including by forging partnerships between the public and private sectors and nonprofit groups, read the report.
“Ajay understands that the challenges we face – from combatting climate change, pandemics, and fragility to eliminating extreme poverty and promoting shared prosperity – are deeply intertwined. He has effectively built a broad global coalition around his vision for the Bank over the course of his candidacy,” Yellen said in a statement.
Katie Malouf-Bous, interim head of Oxfam International’s Washington office, said the bank needed “serious reform” to tackle the widening gap between rich and poor, but that would require huge new public investments and “guardrails around private finance that has run riot for too long.”
One senior U.S. official said Banga’s election came at a critical moment marked by emerging debt distress in lower- and middle-income countries and ongoing problems in food and energy markets as a result of Russia’s war in Ukraine, Reuters reported.
“It is a challenging moment, but it’s a moment where the World Bank remains more vital than ever, and where getting the evolution of the World Bank is absolutely critical,” the official said.
The bank already loans out hundreds of billions of dollars to developing countries but is working to increase its lending to help them address overlapping global challenges such as climate change, conflict and brace for future pandemics, read the report.
“The Board looks forward to working with Mr. Banga on the World Bank Group Evolution process … on all the World Bank Group’s ambitions and efforts aimed at tackling the toughest development challenges facing developing countries,” the bank said.
The World Bank has been led by an American since its founding at the end of World War Two, while the International Monetary Fund has been led by a European.
Banga, who was born in India and spent his early career there, has been a U.S. citizen since 2007, Reuters reported.
Banga has met with officials from 96 governments since his nomination, the source said. He visited eight countries during a three-week world tour to meet with government officials, business leaders and civil society groups, flying a total of 39,546 miles (63,643 km).
World
Mosque blast in northeastern Nigeria kills five, injures dozens
World
Libyan army’s chief dies in plane crash in Turkey
Turkish Justice Minister Yilmaz Tunc said an investigation into the crash was under way.
The Libyan army’s chief of staff, Mohammed Ali Ahmed Al-Haddad, died in a plane crash on Tuesday after leaving Turkey’s capital Ankara, the prime minister of Libya’s internationally recognised government said, adding that four others were on the jet as well, Reuters reported.
“This followed a tragic and painful incident while they were returning from an official trip from the Turkish city of Ankara. This grave loss is a great loss for the nation, for the military institution, and for all the people,” Libyan Prime Minister Abdulhamid Dbeibah said in a statement.
He said the commander of Libya’s ground forces, the director of its military manufacturing authority, an adviser to the chief of staff, and a photographer from the chief of staff’s office were also on the aircraft.
Turkish Interior Minister Ali Yerlikaya said on social media platform X that the plane had taken off from Ankara’s Esenboga Airport at 1710 GMT en route to Tripoli, and that radio contact was lost at 1752 GMT. He said authorities found the plane’s wreckage near the Kesikkavak village in Ankara’s Haymana district.
He added that the Dassault Falcon 50-type jet had made a request for an emergency landing while over Haymana, but that no contact was established.
The cause of the crash was not immediately clear.
Turkish Justice Minister Yilmaz Tunc said an investigation into the crash was under way.
The Tripoli-based Government of National Unity said in a statement that the prime minister directed the defence minister to send an official delegation to Ankara to follow up on proceedings.
Walid Ellafi, state minister of political affairs and communication for the GNU, told broadcaster Libya Alahrar that it was not clear when a crash report would be ready, but that the jet was a leased Maltese aircraft. He added that officials did not have “sufficient information regarding its ownership or technical history,” but said this would be investigated.
Libya’s U.N.-recognised Government of National Unity announced official mourning across the country for three days, read the report.
Turkey’s defence ministry had announced Haddad’s visit earlier, saying he had met with Turkish Defence Minister Yasar Guler and Turkish counterpart Selcuk Bayraktaroglu, along with other Turkish military commanders.
The crash occurred a day after Turkey’s parliament passed a decision to extend the mandate of Turkish soldiers’ deployment in Libya by two more years.
NATO member Turkey has militarily and politically supported Libya’s Tripoli-based, internationally recognised government. In 2020, it sent military personnel there to train and support its government and later reached a maritime demarcation accord, which has been disputed by Egypt and Greece.
In 2022, Ankara and Tripoli also signed a preliminary accord on energy exploration, which Egypt and Greece also oppose, Reuters reported.
However, Turkey has recently switched course under its “One Libya” policy, ramping up contacts with Libya’s eastern faction as well.
World
Trump administration recalls dozens of diplomats in ‘America First’ push
The State Department declined to name those affected, with a senior official calling the recalls a routine step for new administrations.
The Trump administration is recalling nearly 30 U.S. ambassadors and senior career diplomats to ensure embassies align with President Donald Trump’s “America First” agenda, a move critics say could weaken U.S. credibility abroad.
The State Department declined to name those affected, with a senior official calling the recalls a routine step for new administrations. The official said ambassadors are the president’s representatives and must advance his policy priorities.
However, officials familiar with the matter said the recalls largely affect career Foreign Service officers posted to smaller countries, where ambassadors are traditionally non-partisan. Those ordered back to Washington were encouraged to seek other roles within the State Department.
The American Foreign Service Association said some diplomats were notified by phone without explanation, calling the process “highly irregular” and warning that such actions risk harming morale and U.S. effectiveness overseas. The State Department did not respond to the criticism.
The move, first reported by Politico, comes as Trump seeks to place loyalists in senior roles during his second term, after facing resistance from the foreign policy establishment in his first.
Democrats have criticised the decision, noting that around 80 ambassadorial posts remain vacant. Senator Jeanne Shaheen said the recalls undermine U.S. leadership and benefit rivals such as China and Russia.
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