World Bank Identifies Key Risks to Global Growth The World Bank has flagged oil, El Niño and global market risks as potential threats to global growth. Risks high...
The World Bank has flagged oil, El Niño and global market risks as potential threats to global growth.
The warning points to three areas that could affect the outlook for growth: oil, the El Niño weather pattern and conditions in global markets.
The available information does not provide further detail on the scale, timing or likely effects of these risks. It does, however, identify them as issues relevant to the global growth outlook.
By grouping energy-related risks, weather-related risks and financial-market risks in its growth warning, the World Bank has highlighted several sources of uncertainty facing the global economy.
Further assessment would be needed to determine how these risks could affect economies, businesses or markets.
The World Bank's warning places oil, El Niño and global market conditions among the factors to watch as the growth outlook develops.
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