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).
Israel established a covert military installation in the Iraqi desert to support its air operations against Iran, according to a report by The Wall Street Journal, citing individuals familiar with the matter, including U.S. officials.
The report said the facility was used as a logistical hub for the Israeli Air Force and also housed special forces, as well as search-and-rescue units prepared to assist any downed pilots during operations.
According to the newspaper, the base was built with the knowledge of the United States shortly before the onset of what it described as a joint U.S.-Israeli military campaign against Iran.
The report added that Israeli forces conducted airstrikes against Iraqi troops on at least one occasion after they allegedly came close to discovering the site, in order to prevent exposure of the facility.
The existence of the installation reportedly came under threat in early March, when Iraqi state media said a shepherd had alerted authorities to unusual military activity in the area, including helicopter movements. Iraqi forces were subsequently dispatched to investigate.
The Wall Street Journal further reported that Iraqi troops were struck by Israeli air operations while approaching the area, based on accounts from sources familiar with the incident.
Later in March, Iraq submitted a complaint to the United Nations alleging that foreign forces were involved in attacks in the area and initially attributed responsibility to the United States. However, the report cited a source familiar with the matter as saying the U.S. was not involved.
At the order of U.S. President Donald Trump, the Defense Department on Friday released dozens of previously classified files on alleged UFO sightings to provide what it called “unprecedented transparency” to the American people, though analysts said many of the documents had already been made public.
The disclosure of documents, photos and videos of “unidentified anomalous phenomena” will be followed by future releases as more materials are declassified, the Defense Department said in a statement, Reuters reported.
Trump was the latest president to release U.S. government reports on UFOs, a disclosure process that began in the late 1970s. Experts said the batch of around 160 files released on Friday contained new videos of known sightings but gave no conclusive evidence of alien technology or extraterrestrial life.
The files include a 1947 report of “flying discs” as well as grainy photos of “unidentified phenomena” taken from the moon’s surface by the 1969 Apollo 12 lunar mission and a transcript of the Apollo 17 crew describing unidentified objects seen from the moon in 1972.
‘BRIGHT PARTICLES’ DURING APOLLO 17
Apollo 17 mission pilot Ronald Evans reported “a few very bright particles or fragments or something that go drifting by as we maneuver,” based on the transcript.
“Roger. Understand,” mission control replied.
“These files, hidden behind classifications, have long fueled justified speculation – and it’s time the American people see it for themselves,” Hegseth said in a statement.
The records release is likely to fuel fresh debate over government secrecy and the possible existence of life in the cosmos.
“Whereas previous Administrations have failed to be transparent on this subject, with these new Documents and Videos, the people can decide for themselves, “WHAT THE HELL IS GOING ON?” Trump said in a statement. “Have fun and enjoy!”
The move was welcomed by U.S. Representatives Tim Burchett and Anna Paulina Luna, both proponents of declassifying UFO files. Luna said an additional tranche of material was expected in about 30 days.
“The files show that UAP are not simply a matter of speculation or public curiosity,” Harvard University astrophysicist Avi Loeb said in an email to Reuters. “The government has collected records.”
The images from Apollo 12 and 17 were fascinating but could be the result of asteroid impacts on the lunar surface, Loeb said.
DISTRACTION FROM POLITICAL PROBLEMS?
Some critics cast the UFO disclosures as a distraction from Trump’s political woes, including the unpopular U.S. military campaign against Iran and public pressure to release further files tied to convicted sex offender Jeffrey Epstein.
“I really don’t care about the UFO files. I just don’t. I’m so sick of the ‘look at the shiny object’ propaganda,” former Republican U.S. Representative Marjorie Taylor Greene wrote on X.
UAP investigator Mick West said the administration of former President Joe Biden disclosed much of the same information as Friday’s release.
“They’re evidence of us not being able to identify a small white dot that’s a long distance away,” the Sacramento, California-based analyst said of the new UAP videos and images.
Independent journalist Leslie Kean said the release showed there was still a lot of government information on UAP that should be disclosed. Kean co-authored a 2017 New York Times story on a secret Pentagon UAP program, which prompted Congress to push for declassification of UFO documents.
“I think we’ve already proven the existence of UAP, but that doesn’t mean we’ve proven they’re alien or extraterrestrial or that we know what they are,” said Kean.
World
Trump says United States will get uranium from Iran
One of Trump’s central objectives in launching military strikes against Iran was to ensure Tehran does not develop a nuclear weapon.
President Donald Trump said on Wednesday the United States would get enriched uranium from Iran, as the two countries struggle to reach an agreement on ending the Gulf war, Reuters reported.
“We’re going to get it,” Trump told a reporter as he left a White House event.
One of Trump’s central objectives in launching military strikes against Iran was to ensure Tehran does not develop a nuclear weapon. Iran has yet to hand over more than 900 pounds (408 kg) of highly enriched uranium.
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New Afghanistan-China transport corridor launched via Turkmenistan
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