The World Bank has warned that the global economy is facing a potential slowdown due to increasing trade tensions and financial volatility. The organization has revised its growth forecast down to 2.6% for 2019, lower than the 2.9% it predicted in January. The World Bank cited ongoing trade disputes between the US and China, as well as uncertainties surrounding Brexit as major contributors to the slowdown. It also highlighted risks posed by rising debt levels in emerging markets and developing economies. The World Bank called for policymakers to implement reforms to address structural issues and boost long-term growth.
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Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
