REUTERS NEXT-Banga says Trump understands value of international financial institutions

Reuters10-16

By Andrea Shalal

WASHINGTON, Oct 15 (Reuters) - World Bank President Ajay Banga on Tuesday said former President Donald Trump understands the value of international financial institutions and how their lending can lead to expanded markets for American companies overseas.

Asked about potential consequences for the World Bank if Trump - a critic of multilateral institutions and efforts to combat climate change - wins the Nov. 5 presidential election, Banga struck a sanguine tone.

"President Trump was the one who actually authorized a capital increase in the IBRD (International Bank for Reconstruction and Development) when he was in the office," Banga said. "At the end of the day, he understands the value, if you can put it in the terms that make sense for what he's trying to get done, for his administration's policies."

(Reporting by Andrea Shalal and David Lawder)

((andrea.shalal@tr.com; +1 202-815-7432;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2475664855?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-16 02:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2475664855","market":"us","top_or_hot":-1,"title":"REUTERS NEXT-Banga says Trump understands value of international financial institutions","media":"Reuters","content":"<html><body><p>By Andrea Shalal</p><p>      WASHINGTON, Oct 15 (Reuters) - World Bank President Ajay Banga on Tuesday said former President Donald Trump understands the value of international financial institutions and how their lending can lead to expanded markets for American companies overseas.</p><p>   Asked about potential consequences for the World Bank if Trump - a critic of multilateral institutions and efforts to combat climate change - wins the Nov. 5 presidential election, Banga struck a sanguine tone.</p><p>   \"President Trump was the one who actually authorized a capital increase in the IBRD (International Bank for Reconstruction and Development) when he was in the office,\" Banga said. \"At the end of the day, he understands the value, if you can put it in the terms that make sense for what he's trying to get done, for his administration's policies.\"</p><p> (Reporting by Andrea Shalal and David Lawder)</p><p>((andrea.shalal@tr.com; +1 202-815-7432;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>REUTERS NEXT-Banga says Trump understands value of international financial institutions</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nREUTERS NEXT-Banga says Trump understands value of international financial institutions\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-16 02:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>By Andrea Shalal      WASHINGTON, Oct 15 (Reuters) - World Bank President Ajay Banga on Tuesday said former President Donald Trump understands the value of international financial institutions and how...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4144","symbol_name":"石油与天然气的储存和运输","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2475664855","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2475664855","pubTimestamp":1729018135,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"By Andrea Shalal      WASHINGTON, Oct 15  - World Bank President Ajay Banga on Tuesday said former President Donald Trump understands the value of international financial institutions and how their lending can lead to expanded markets for American companies overseas.   Asked about potential consequences for the World Bank if Trump - a critic of multilateral institutions and efforts to combat climate change - wins the Nov. 5 presidential election, Banga struck a sanguine tone.   \"President Trump was the one who actually authorized a capital increase in the IBRD  when he was in the office,\" Banga said. \"At the end of the day, he understands the value, if you can put it in the terms that make sense for what he's trying to get done, for his administration's policies.\" ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4144":"石油与天然气的储存和运输","NEXT":"NextDecade Corporation"},"translate_title":"路透社下一篇-班加表示特朗普了解国际金融机构的价值","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NEXT":0.6},"content_text":"By Andrea Shalal      WASHINGTON, Oct 15 (Reuters) - World Bank President Ajay Banga on Tuesday said former President Donald Trump understands the value of international financial institutions and how their lending can lead to expanded markets for American companies overseas.   Asked about potential consequences for the World Bank if Trump - a critic of multilateral institutions and efforts to combat climate change - wins the Nov. 5 presidential election, Banga struck a sanguine tone.   \"President Trump was the one who actually authorized a capital increase in the IBRD (International Bank for Reconstruction and Development) when he was in the office,\" Banga said. \"At the end of the day, he understands the value, if you can put it in the terms that make sense for what he's trying to get done, for his administration's policies.\" (Reporting by Andrea Shalal and David Lawder)((andrea.shalal@tr.com; +1 202-815-7432;))","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2475664855"}