World Bank Pres. Malpass – pressing danger is a sharp slowdown in growth, global recession

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World Bank Pres. Malpass – pressing danger is a sharp slowdown in growth, global recession

World Bank president MalpassIt may take years for global energy production to diversify away from Russia, prolonging risk of stagflationPressing dang

World Bank president Malpass

  • It may take years
    for global energy production to diversify away from Russia,
    prolonging risk of stagflation
  • Pressing danger for
    developing world is that sharp slowdown in global growth deepens into
    global recession
  • Increased likelihood
    of recession in Europe

I can’t see anything controversial or even new in those remarks.

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