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-World Bank issues warning about global economy

Jan 09, 2019 - Global Banking News

Global Banking News - 09 January 2019

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The bank forecast that the global economy would expand by 2.9 percent this year and 2.8 percent in 2020. The firm cited trade wars, Brexit and rising protectionism for the expected slump in growth.

The bank said that the global economy is facing increasing risks. It made the comment in its annual assessment of global prospects and added that it is expecting continued, but slower, growth t...