- Aug 6, 2012
- 27,891
- 24,700
- 2,405
Another bought and sold POS. This story has gained traction around the world in various publications. They bumped up the numbers in 2017 and 2018 to try to give the appearance that China was succeeding and more business friendly (fair?) in spite of Trump.
America is being hurt the most by these corrupt International rats. Time to apply heat to these types of rats and set laws for International agencies that could lead to arrests and prison time. This is akin to a CEO fudging his accounting.
The West is being played, especially America. Time to expose and punish all who are working to harm capitalism and the U.S position as global reserve currency.
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www.reuters.com
WASHINGTON, Sept 16 (Reuters) - World Bank leaders, including then-Chief Executive Kristalina Georgieva, applied "undue pressure" on staff to boost China's ranking in the bank's "Doing Business 2018" report, according to an independent investigation released Thursday.
The report, prepared by law firm WilmerHale at the request of the bank's ethics committee, raises concerns about China's influence at the World Bank, and the judgment of Georgieva - now managing director of the International Monetary Fund - and then-World Bank President Jim Yong Kim.
Georgieva said she disagreed "fundamentally with the findings and interpretations" of the report and had briefed the IMF's executive board.
The World Bank Group on Thursday canceled the entire "Doing Business" report on business climates, saying internal audits and the WilmerHale investigation had raised "ethical matters, including the conduct of former Board officials, as well as current and/or former Bank staff."
The U.S. Treasury Department, which manages the dominant U.S. shareholdings in the IMF and the World Bank, said it was analyzing what it called the "serious findings."
America is being hurt the most by these corrupt International rats. Time to apply heat to these types of rats and set laws for International agencies that could lead to arrests and prison time. This is akin to a CEO fudging his accounting.
The West is being played, especially America. Time to expose and punish all who are working to harm capitalism and the U.S position as global reserve currency.
IMF chief called out over pressure to favor China while at World Bank
World Bank leaders, including then-Chief Executive Kristalina Georgieva, applied "undue pressure" on staff to boost China's ranking in the bank's "Doing Business 2018" report, according to an independent investigation released Thursday.
www.reuters.com
WASHINGTON, Sept 16 (Reuters) - World Bank leaders, including then-Chief Executive Kristalina Georgieva, applied "undue pressure" on staff to boost China's ranking in the bank's "Doing Business 2018" report, according to an independent investigation released Thursday.
The report, prepared by law firm WilmerHale at the request of the bank's ethics committee, raises concerns about China's influence at the World Bank, and the judgment of Georgieva - now managing director of the International Monetary Fund - and then-World Bank President Jim Yong Kim.
Georgieva said she disagreed "fundamentally with the findings and interpretations" of the report and had briefed the IMF's executive board.
The World Bank Group on Thursday canceled the entire "Doing Business" report on business climates, saying internal audits and the WilmerHale investigation had raised "ethical matters, including the conduct of former Board officials, as well as current and/or former Bank staff."
The U.S. Treasury Department, which manages the dominant U.S. shareholdings in the IMF and the World Bank, said it was analyzing what it called the "serious findings."
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