World Bank cuts 2009 global growth forecast

World Bank cuts 2009 global growth forecast
The World Bank has cut its 2009 global growth forecast, saying the world economy will shrink by 2.9 percent and warning that a drop in investment in developing countries will increase poverty.

Aid To Poor Nations Hit By Eurozone Crisis
The World Bank has urged developing countries to prepare for big shortfalls in aid as economies around the world continue to suffer from the effects of the eurozone crisis.

Report sees emerging markets leading global growth
The world economy will start growing again in 2010 but emerging markets will accelerate at a much faster rate than the U.S and Europe, due in part to continued frugality among Western...

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