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World Bank Expects 'Weaker' Global Growth In 2020
Thursday, January 9, 2020 - 6:43am | 258The World Bank downgraded its global growth forecasts for 2019, 2020, and 2021, due to slow recovery in trade and investment, according to Reuters. What Happened The World Bank on Wednesday released its latest Global Economic Prospects report, where the bank trimmed its expectation...
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Has The World Reached Its Credit Limit?
Monday, September 28, 2015 - 1:44pm | 372Post-crisis global growth rates have been lackluster, but credit levels are at all-time highs. The majority of new credit creation in recent years has occurred in emerging markets. Stalling capital inflows into emerging markets could continue to weigh on global growth. In a new report, Citi...