FOXBusiness.com: World Bank cuts growth outlook as world enters 'new normal'

FOXBusiness.com FOX Business Network - The Power to Prosper

World Bank cuts growth outlook as world enters 'new normal' Jun 12th 2013, 23:06 The World Bank cut its outlook for global growth, saying the economy should expand more slowly this year than last as it cited a deeper-than-expected recession in Europe and a recent slowdown in some emerging markets.

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