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World Bank President Jim Yong Kim announces resignation

World Bank President Jim Yong Kim has announced he would step down next month, more than three years before his current term was due to expire.

The decision ends Kim’s six-year tenure and may give US President Donald decisive influence over the future leadership of the global development lender.

According to Kim in a statement, it has been a great honour serving as president of the institution he described as full of passionate individuals dedicated to the mission of ending extreme poverty.

ELSEWHERE – Ethiopian Prime Minister Abiy Ahmed and Eritrean President Isaias Afwerki have reopened a border crossing between their countries as part of an ongoing reconciliation between the former foes.

The two leaders re-opened the border crossing between Humera in Ethiopia and Oum Hajer in Eritrea on the western edge of both nations.

Reports say relations between the neighbours have continued to improve rapidly with the reopening of the border post the latest sign of normalization allowing the free movement of people and goods.

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