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Showing posts from January 7, 2019

Jim Yong Kim steps down as President of World Bank

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World Bank President, Jim Yong Kim has made the surprise announcement that he is stepping down after six years in the post. His resignation will take effect from 1 February. Mr Kim, 59, was not due to leave until 2022, after he was re-elected for a second five-year term in 2017. He will "join a firm and focus on increasing infrastructure investments in developing countries", the World Bank said. In a statement, Mr Kim said: "It has been a great honour to serve as President of this remarkable institution, full of passionate individuals dedicated to the mission of ending extreme poverty in our lifetime". No reason was given for his unexpected resignation. Kristalina Georgieva, the World Bank's chief executive officer, will assume the role of interim president. Analysis: Andrew Walker, economics correspondent So he hasn't actually gone yet, but we can still start thinking about who will take over. I am not going to speculate about part...

Rahaf al-Qunun: Saudi woman ends airport hotel standoff

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An 18-year-old Saudi woman who fled her family at the weekend has left Bangkok airport "under the care" of the UN refugee agency, the head of Thailand's immigration police says. Thai immigration officials had tried to return Rahaf Mohammed al-Qunun, 18, to Kuwait, where her family is. But she refused to board a flight on Monday and barricaded herself into her airport hotel room. She said she feared her family would kill her as she had renounced Islam. "My brothers and family and the Saudi embassy will be waiting for me in Kuwait," Ms Mohammed al-Qunun told Reuters. "My life is in danger. My family threatens to kill me for the most trivial things." Her relatives have not commented on her claims. Rights groups including Human Rights Watch have expressed grave concerns for Ms Mohammed al-Qunun, who had travelled to Thailand for a connecting flight to Australia, where she hoped to seek asylum. The Thai authorities said her status would be ...