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Ivanka Trump looking forward to become new World Bank President

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Washington: Ivanka Trump, US President Donald Trump’s daughter and senior adviser, will help choose the new World Bank President, the White House has said.

Jessica Ditto, a White House spokeswoman, said on Monday that Ivanka Trump was asked because “she’s worked closely with the World Bank’s leadership for the past two years”, The New York Times reported.

 

Ivanka Trump, World Bank, World Bank President, Donald Trump, US President, Donald Trump daughter, White House, Business news

 

Ivanka Trump, who had been rumoured to be a contender for the position herself, will not be a candidate, Ditto said.

But she will assist the Treasury secretary, Steven Mnuchin, and the acting White House Chief of Staff, Mick Mulvaney, in choosing a successor to Jim Yong-kim, the current president of the World Bank who announced his resignation last week.

Administration officials are expected to begin the interview process for the job on Tuesday.

 

Donald Trump’s daughter Ivanka Trump wants to become World Bank President:

 

The White House did not provide any names of contenders.

Ivanka Trump, Mnuchin and Mulvaney will make recommendations to the President, who will nominate a candidate for the position. Member countries of the World Bank will then vote on the nominee.

 

Ivanka Trump, World Bank, World Bank President, Donald Trump, US President, Donald Trump daughter, White House, Business news

 

Traditionally, the American President’s pick is accepted and Europe chooses the leader of the International Monetary Fund because both institutions were founded during World War II.

Jim, a former Dartmouth College president and a global health expert, was selected for the post by former President Barack Obama in 2012.

 

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Tesla bags 200,000 orders for its futuristic ”Cybertruck”

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New Delhi: Elon Musk is back with a bang with his all-new “Cybertruck”. Irrespective of the controversies the all-new Tesla Cybertruck has gathered, it is one of the most radical wheels that has gone on sale in recent times and is becoming quite popular by the day.

Elon Musk took to Twitter to share that Tesla has already received 200k orders since the launch of the “Cybertruck” which was actually 3 days ago(22 November).

Tesla Cybertruck’s production is expected to begin in late 2020. The electric pickup truck is available in three trims — single motor RWD with a range of over 250 miles, dual-motor AWD with a range of more than 300 miles and tri-motor AWD with a range in the north of 500 miles.

The single motor RWD variant of the Cybertruck can go from 0 to 60 mph in below 6.5 seconds and has a towing capacity of over 7,500 pounds, while the dual-motor AWD trim can make 0-60 mph in under 4.5 seconds and boasts of a towing capacity of more than 10,000 pounds. Tesla claims that the tri-motor AWD variant of the vehicle is good for 0-60 mph in less than 2.9 seconds and gets a towing capacity of 14,000 pounds.

Given its relative performance and price, the Cybertruck could be a massive success for Tesla as it enters into the largest segment in the US market. Almost three million pickups were sold to consumers in 2018. If Tesla can carve off a tiny sliver of that, it’ll go a long way toward taking Tesla’s annual sales to the next level.

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