europe times breaking european trending news euro Trump Nominates David Malpass as next World Bank President
News Politics

Trump Nominates David Malpass as next World Bank President

By 769 0

US President Donald Trump has nominated US Treasury’s David Malpass as his pick for the next world bank president on Wednesday (local time). Maplass is known to a Trump legalistic and senior economic adviser to the US President, during his 2016 election campaign.

The 62 year old has criticized the world bank and other institutions such as the IMF in the past. Malpass would be a “strong advocate for accountability” at the World Bank, said Donald Trump.

“The Wall Street Journal just said today in an editorial that David Malpass is an excellent choice, which is America is the largest contributor to the World Bank, giving it over USD 1 billion every year,” ,Trump said.

If elected as the President of the World Bank, Malpass would replace South Korea’s Jim Yong Kim in April this year. Jim Yong Kim resigned unexpectedly last month from his post.

Sunaya Paison
Photo Courtesy: Google/ images are subject to copyright

europe times european news politics US Shutdown Ends Donald Trump
News Politics

The US Shutdown ends

By 804 0

The longest shutdown in the US history comes to an end. U.S. President Donald Trump announces a deal with congressional leaders to temporarily reopen the government for three weeks, ending the longest shutdown in U.S. history. The shutdown over the president’s demand for the the border wall finding is now into its 35th day. Trump spoke regarding the deal from White house.

“We have reached a deal to end the shutdown and reopen the federal government” – Donald Trump

Trump warns of emergency if no border deal with democrats. Donald Trump on Friday signed bill to reopen the government. The government is opened by Trump for 3 weeks. An estimate of 800,000 federal employees will return to work now. Trump had demanded congress to give him money for building border wall. Trump says that he will resume discussion after February 15th.

Sunaya Paison
Photo Courtesy: Google/ images are subject to copyright

Europe times Europe news Venezuela to shut its US embassy
News Politics

Venezuela to shut US embassy

By 661 0

Venezuelan President Nicolas Maduro said that Venezuela will close its embassy and all consulates in the United States. On Wednesday, Venezuelan opposition leader Juan Guaido had proclaimed himself acting president. Soon after this, U.S. did the recognition of Guaido as interim president.

Venezuela decided to shut all diplomatic missions in US. Maduro avenge back the US as they supports the opposition against him. Mike Pompeo urged the Venezuelan army to protect Guaido. Maduro added that he agreed with a call by Mexico and Uruguay for dialogue between Venezuela’s government and the opposition for a resolution to the country’s political crisis.

Sunaya Paison
Photo Courtesy: Google/ images are subject to copyright

europe times european news US senate rejects bill to end government shutdown
News Politics

Trump bid to end government shutdown fails

By 745 0

In a blow to US president Donald Trump, the Senate has rejected two bills to end the US shutdown. Trump demands down payment for wall to end shutdown. The US shutdown enters almost 34 days with no end in sight. This is the longest partial government shutdown in the US history.

About 800,000 of federal workers struggle to cover their bills. The senate rejects the bills to open Government. On Monday, the Senate has released a bill flashing an offer that Trump had made to reopen the unfunded quarter of the government. As the chamber plans to take up the measure later this week, it will definitely fail to meet the 60-vote threshold.

The chamber desides to take up that proposal on Thursday afternoon. If this fails, Senate will take up a Democratic-backed bill to fund the government through February.

Sunaya Paison
Photo Courtesy: Google/ images are subject to copyright