World Bank lowers global growth forecast for 2015 and next year
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Washington
THE World Bank on Tuesday lowered its global growth forecast for 2015 and next year due to disappointing economic prospects in the eurozone, Japan and some major emerging economies that offset the benefit of lower oil prices.
The global development lender predicted the global economy would grow 3 per cent this year, below a forecast of 3.4 per cent made in June, according to its twice-yearly Global Economic Prospects report.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar
