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-WB-Darkening Prospects: Global Economy to Slow to 2.9 percent in 2019 as Trade, Investment Weaken

Jan 09, 2019 - ENP Newswire

Emerging, Developing Economies Should Rebuild Policy Buffers, Boost Productivity to Sustain Growth.

Global economic growth is projected to soften from a downwardly revised 3 percent in 2018 to 2.9 percent in 2019 amid rising downside risks to the outlook, the World Bank said on Tuesday. International trade and manufacturing activity have softened, trade tensions remain elevated, and some large emerging markets have experienced substantial financial market pressures.

Growth among adva...