DARKENING PROSPECTS

Global economic growth is projected to soften to 2.9 percent in 2019 amid rising downside risks, according to the Global Economic Prospects report.

http://www.worldbank.org/en/news/immersive-story/2019/01/08/storm-clouds-are-brewing-for-the-global-economy
Vlcc or oil tanker ship on open rough sea. © Montenegro/Shutterstock.com
READ

Solar projects—big and small—are helping India achieve energy goals while creating opportunity for its people.

https://www.ifc.org/wps/wcm/connect/news_ext_content/ifc_external_corporate_site/news+and+events/news/india-solar-power-brings-opportunity
Prabha Vishwakarma (left) with her son talks about improvements of having solar energy in their home in Bhormarmafi Village, India. © Dominic Chavez/International Finance Corporation
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Growth among advanced economies is forecast to drop to 2 percent this year, the January 2019 Global Economic Prospects says. Slowing external demand, rising borrowing costs, and persistent policy uncertainties are expected to weigh on the outlook for emerging market and developing economies. Growth for this group is anticipated to hold steady at a weaker-than-expected 4.2 percent this year. Read More.

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