Assessment: You will own nothing and you will be happy. Or else. President Biden on Thursday nominated Ajay Banga, the former CEO of Mastercard, to be president of the World Bank with an eye towards focusing on climate at the international agency. Banga replaces Trump-era president David Malpass, who stepped down this week amid criticism over seemingly casting doubts about climate change. The White House had intended to nominate a person to lead the monetary agency who
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