The World Bank has cut its 2013 growth outlook for the global economy citing volatile and sluggish growth in the developed countries.
After recording a 2.3 percent growth in 2012, the global economy is expected to see its GDP growing at 2.4 percent in 2013. The World Bank had projected a 3 percent growth for 2013 in June.
Growth rate would improve to 3.1 percent in 2014 and... (Continue Reading)
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