World economy faces 'darkening skies'
The World Bank is warning of increasing risks, or what it calls "darkening skies", for the world economy. In its annual assessment of global prospects the Bank predicts continued, though somewhat slower, growth this year and next. The Bank's forecast for the global economy is expansion this year of 2.9% and 2.8% in 2020. But overhanging the broadly favourable outlook are rising concerns that could mean economic performance falls short.