World Bank predicts Sluggish Global Economic Growth

The World Bank's latest look at the year ahead suggests that global growth may continue to limp along.
It predicts economic activity will grow by 2.9% in 2016 - a reduction from its June forecast of 3.3%.
In East Asia and the Pacific, growth is expected to slow to 6.3%, largely due to the sputtering Chinese economy.
But South Asia is a bright spot, expected to grow at 7.3% this year.
We spoke to one of the report's authors, who said falling commodity prices were one of the big drags on global growth.
Source:, 07/01/16
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