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Global growth slowdown 'worrying': World Bank

It lists the causes: sluggish growth in advanced economies, low commodity prices, and weak trade and capital flows

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The slowdown in global economic growth is continuing to accelerate and, in the absence of more concerted policy counteractions, could turn into a downward spiral in activity, the World Bank warned on Tuesday.

Tokyo

THE slowdown in global economic growth is continuing to accelerate and, in the absence of more concerted policy counteractions, could turn into a downward spiral in activity, the World Bank warned on Tuesday.

Its bi-annual Global Economic Prospects Report downgrades its 2016

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