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Trump Asks World Bank to Stop Lending to China

Professor of Financial Economics and Part-time Value Investor, Transfin.
Dec 13, 2019 5:59 AM 1 min read
Editorial

Trump asks World Bank to stop lending to China. Elon Musk found not liable in ‘pedo guy’ defamation trial.

 

WORLD 

Trump asks World Bank to stop lending to China.

Please Don't Help: US President Donald Trump on Friday called for the World Bank to stop loaning money to China, one day after the institution adopted a lending plan to Beijing despite Washington’s objections.

 

The World Bank on Thursday adopted a plan to aid China with $1 billion to $1.5 billion in low-interest loans annually through June 2025.

 

“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 tweeted. The Guardian

Elon Musk found not liable in ‘pedo guy’ defamation trial.

Tesla and SpaceX CEO Elon Musk emerged victorious on Friday from a defamation trial over his 2018 tweets, in which he called a British diver Vernon Unsworth who took part in the 2018 rescue operation that freed 12 boys and a soccer coach trapped inside a cave in Thailand a "pedo guy" as a federal court jury rejected the $190 million claim brought against him by Unsworth. CNBC

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