U.S. President Donald Trump meets with British Prime Minister Theresa May at the G20 Summit, Saturday, July 8, 2017, in Hamburg, Germany. (AP Photo/Evan Vucci)

The Latest: Ivanka Trump lauds female entrepreneurship fund

July 08, 2017 - 3:55 am

HAMBURG, Germany (AP) — The Latest on President Donald Trump's second official visit to Europe (all times local):

9:45 a.m.

First Daughter Ivanka Trump and the World Bank are rolling out a new fund that aims to help female entrepreneurs access capital, financing and other support.

World Bank Group President Jim Yong Kim says the Women Entrepreneurs Finance Initiative fund has so far raised $325 million from various governments. He hopes to leverage that into multibillion-dollar fund.

The money will go toward improving access to capital and markets, providing technical assistance, training and mentoring, pushing public policy and investing in projects and programs that support women and women-led businesses.

Kim says, "this is not acute little project," and says it will drive economic growth.

He's speaking at a panel on women's entrepreneurship that coincides with the meeting of Group of 20 leaders in Hamburg, Germany.


9:22 a.m.

President Donald Trump is meeting Britain's head of government on the sidelines of an international summit in Germany.

Trump said Saturday that he and Prime Minister Theresa May have had "tremendous talks" and developed a "special relationship."

Trump also says they are working on a trade deal that will be "great for both countries," but he provided no details.

The two leaders have met several times since Trump took office and collaborate on a number of issues, from security to trade.

Trump and May are sitting down for a meeting Saturday while attending the G-20 summit of industrialized and developed nations.


9:12 a.m.

President Donald Trump will meet with a long list of world leaders Saturday as he wraps up his second trip abroad.

Trump will hold meetings with British Prime Minster Theresa May, President Joko Widodo of Indonesia, Prime Minister Lee Hsien Loong of Singapore, Japanese Prime Minister Shinzo Abe and President Xi Jinping of China.

He'll also attend a women's entrepreneurship finance event and participate in various sessions with fellow Group of 20 leaders.

The second day of the summit of world leaders that has been overshadowed by violent riots between anti-globalization activists and police is expected to include talks on global trade, climate change and international terrorism.

Trump is set to return to Washington Saturday evening.

Comments ()