The Astana Times provides news and information from Kazakhstan and around the world.
There are plenty of clouds on the horizon for the global economy, as the World Bank’s latest outlook report has confirmed. Looking at what has happened over the first half of this year and the risks ahead has forced the bank to cut back again its forecasts for global growth it made in January.
The bank is right to be cautious. Political uncertainty has increased and is holding back investment and making global markets more volatile. Europe’s hopes of recovery, for example, have been badly stalled and confidence undermined …read more
Source: The Astana Times
