World Bank predicts weak economic growth
In its latest Global Economic Prospects report, the bank warns of weak global growth due to Europe’s debt crisis.
Published On 13 Jun 2012
In its latest Global Economic Prospects report, the World Bank is projecting weak growth for the global economy as a whole this year because of Europe’s debt crisis.
The bank is calling on developing economies in eastern Europe, the Middle East, North Africa, Asia and Latin America to be on their guard to take the strain in case Europe’s economic crisis gets worse.
John Terrett reports from Washington.
Source: Al Jazeera