Stop World Bank loans to China: Trump
You turn on the faucet and you don’t get any water... People are flushing toilets 10 times, 15 times, as opposed to once.
WASHINGTON: US President Donald Trump lashed out at the World Bank on Friday, blaming the international financial institution for lending money to China.
“Why is the World Bank loaning money to China? Can this be possible? China has plenty of money, and if they don’t, they create it. STOP!” Trump wrote on Twitter. Trump’s message on the World Bank was also echoed by his treasury secretary, Steven Mnuchin, who told a House of Representatives committee on Thursday that the US “has objected” to the institution’s multi-year programme of loans and projects in China.
That programme was nonetheless adopted on Thursday. It plans to reduce its lending to
DONALD TRUMP, US President
China.but the reduction is not enough for Washington, which argues that the world’s secondlargest economy is rich enough to finance itself and not depend on loans from the World Bank, which is supposed to bring financial resources to poor countries.
IMPEACHMENT PROBE IS BASELESS, WH COUNSEL The White House said on Friday it would refuse to take part in hearings in the US House of Representatives set for next week that will consider what articles of impeachment to bring against President Donald Trump. In a letter to Judiciary Committee chairman Jerrold Nadler, White House counsel Pat Cipollone called the Democrats’ impeachment inquiry “completely baseless”.
US HOUSE ENDORSES TWO-STATE SOLUTION The US House of Representatives on Friday threw its weight behind a two-state solution for
Israelis and Palestinians, in a warning to Prime Minister Benjamin Netanyahu as he mulls annexing the West Bank.passed largely along party lines, the House resolution also marked a shot across the bow to President Donald Trump, who has stood squarely behind Netanyahu.
TRUMP ORDERS TOILET RULE REVIEW
Donald Trump’s latest target for deregulation is Americans’ toilets. The president on Friday said he ordered a federal review of water efficiency standards in bathroom fixtures and complained that “people are flushing toilets 10 times, 15 times as opposed to once” in homes with low-flow appliances. Trump has championed rolling back regulations since taking office in 2017, with a focus on environmental rules from Obama’s term.