Skies darkening over the global economy: World Bank

The World Bank on Tuesday projected moderation of global growth from three per cent last year to 2.9 per cent this year, as one of its top officials described the current situation of the world economy as "darkening of the skies".

"Global growth is slowing and risks are rising. We think that skies are darkening over the global economy," World Bank Prospects Group Director Ayhan Kose told

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)