Storm Clouds Are Brewing for the Global Economy
January 8th, 2019 – The outlook for the global economy in 2019 has darkened.
International trade and investment have softened. Trade tensions remain elevated. Several large emerging markets underwent substantial financial pressures last year.
Against this challenging backdrop, growth in emerging market and developing economies is expected to remain flat in 2019. The pickup in economies that rely heavily on commodity exports is likely to be much slower than hoped for. Growth in many other economies is anticipated to decelerate.
In addition, risks are growing that growth could be even weaker than anticipated, the World Bank’s January 2019 Global Economic Prospects reports.
More…http://www.worldbank.org/en/news/immersive-story/2019/01/08/storm-clouds-are-brewing-for-the-global-economy
Written by The World Bank
Related Post
China releases a five-year strategy to...
China has released a plan that outlines goals for business growth, innovation, and the development environment in order to support the high-...
Southern Italy: Soaring Diesel Costs Halt...
Since mid-October, southern Italy has seen one of the largest protests in the transport sector in years. The protest began in Puglia and the...
IUE Opens a New Chapter: Celebrating...
The International University of Entreprenology held its 2026 Graduation Ceremony in Las Vegas, honoring the wisdom of lived experience and w...
