UN forecasts global economy to grow 2.7% in 2019
The United Nations on Tuesday downgraded its forecast for world economic growth, announcing that it expects overall growth of 2.7 per cent this year and 2.9 per cent in 2020.
The downward adjustment came as a result of trade tensions and political uncertainty, a complicated confluence of internal and external factors affecting most of the developed and developing economies, the UN said. Image source: Reuters