Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it's tackling the toughest development challenges facing developing countries. "The executive directors of the World Bank today selected Ajay Banga as president of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."
This includes over $15 billion of proposed investment in the infrastructure sector in the Indo-Pacific and $9 billion for shoring up American defence in the region.
At the World Bank Banga will be replacing David Malpass, a former Trump treasury official, reports axios.com. Malpass had already announced that he will resign by July, months ahead of his term expired. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," President Biden said in a statement. Banga, 63, currently serves as vice chairman at General Atlantic.
Annual premiums do not exceed what you readily shell out for an OTT subscription.
Even devices such as connected lights, doorbells -- even garden sprinklers -- are all at risk from attackers who can remotely, or even physically, access them to dump firmware, warns Nir Chako, security research team leader, CyberArk, a security software company.
The US government warned on Friday that hackers are attempting to exploit the 'Heartbleed' bug in targeted attacks by scanning networks to see if they are vulnerable.
Hackers can exploit this to steal sensitive data.
The government also wants to ensure that content meant for radicalising youths, from outfits like Islamic State, doesn't find circulation in India.
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