Could Trump presidency herald $27bn margin call on World Bank?
Think-tank’s policy plan to pull US out of multilateral threatens AAA rating, ending collateral exemption
In the days after the upcoming US president election on November 5, financial professionals will be watching credit rating agencies for any action they may take on the US sovereign rating. But derivatives market participants may also be thinking about the ratings on another large borrower: the World Bank.
A policy document written by organisations with ties to former president and current candidate Donald Trump calls on the US to withdraw from both the World Bank and the International Monetary
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