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I Only Have Eyes for You

Good to see Jim Kim keeping his eyes on affairs of state at the G20 summit:

Kim Trump.png.jpg

At G20, Ivanka Trump takes the spotlight - and a seat

By Andrea Shalal | HAMBURG

U.S. President Donald Trump shared the G20 spotlight on Saturday with his daughter and adviser Ivanka Trump, as she helped launch a loan program for women and caused a stir by briefly occupying her dad’s seat at the table with world leaders.

Ivanka, who ran an eponymous clothing and jewelry business before taking a formal job at the White House, has made women’s issues one of her signature policy areas, and the G20 revealed the power she wields as a trusted confidante to the president.

The World Bank used the occasion to launch a public-private loan program aimed at providing over $1 billion to support women entrepreneurs in developing countries, a project Ivanka first initiated just five months ago.

“This is not a cute little project,” World Bank President Jim Yong Kim said at the kick-off, attended by six of the 20 world leaders at the summit, plus leaders from other donor countries and IMF Managing Director Christine Lagarde.

“$1 billion to support women entrepreneurs in developing countries,” eh? I wonder how much money will go to bureaucratic mechanisms to evaluate the proposals of Third World businesswomen, and how much will go to their businesses.

My contacts at the World Bank use the following terms for the current state of the institution: “chaos, a mess, and “sh**storm.” Imagine how Dartmouth would be if Jim Kim were still here.

Addendum: A wit writes in:

Here’s my caption for that Trump/Kim photo:

“Self-promoting climber unqualified for his job embraces two self-promoting climbers unqualified for their jobs.”

Addendum: The Washington Post reports on the World Bank’s initiative in support of women entrepreneurs:

The program, which will support loans, mentorship programs and gender equality advocacy, is funded by individuals, companies and foreign governments. The first countries to make a public commitment were Saudi Arabia and the United Arab Emirates, which pledged a combined $100 million after President Trump and his eldest daughter visited Saudi Arabia in May.

My first funding suggestion: a driving school for women in Saudi.


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