BEIJING Air Force 1 Mid , Oct. 22 (Xinhua)-- A senior World Bank official on Wednesday sounded a warning note for a "disappointing" global economy in 2014, pointing to commodity prices, Ebola and political instability as the daunting risks.
The message was sent by World Bank Managing Director Sri Mulyani Indrawati in her speech at the ongoing Asia-Pacific Economic Cooperation (APEC) 2014 Finance Ministers' Meeting.
"The picture has changed, and 2014 could turn out to be a disappointing year for the global economy," the managing director said.
Global economic growth has been revised downwards and is now expected at 2.6 percent this year Air Force 1 High , only marginally up from 2.4 percent in 2013, according to the World Bank.
"We should not be surprised if we are heading towards another downward revision of our forecasts, especially for 2015," said Indrawati.
Commodity-exporting countries will feel the pinch of "a weakening of many commodity prices since the summer," although this also helps ease balance of payments pressures in food and energy importing countries Air Force 1 Low , she said.
The World Bank energy price index declined by about 6 percent during the third quarter after being stable in the first half of the year.
The second risk highlighted by Indrawati is Ebola, which is "an external shock playing out right now in West Africa."
If the virus continues to surge in the three worst-affected countries and spreads to neighboring ones, the regional financial impact could reach 32.6 billion U.S. dollars by the end of 2015. If this happens, it would deal a potentially catastrophic blow to the countries, according to a World Bank analysis.
Contagion Air Force 1 , not in the medical, but in the psychological sense could have a significant negative impact on fast-growing low-income countries in Africa whose growth is becoming more important for the global economy, she added.
Political instability in the Middle East and the crisis in Ukraine are also expected to have a profound impact on financial flows, economic activities and growth prospects in related regions.
"In sum, we are seeing an increasingly fragile recovery of the global economy with major risks out there Cheap Nike Air Force 1 ," said Indrawati.
She called upon policymakers in high-income and emerging economies to "send a signal of confidence by taking necessary policy steps and tackling reforms to improve their fundamentals."
LONDON, May 23 (Xinhua) -- British Prime Minister Theresa May said police know the name of the suicide bomber who killed 22 adults and children and injured 59 others in Manchester.
"The police think they know the identity of the perpetrator. But the police are not at this point revealing their name," said May when speaking outside 10 Downing Street after chairing a meeting of Britain's emergency security committee.
May also said a number of the adults and children in hospital have life threatening injuries.
May said she intended to journey to Manchester where the terrorist set off an improvised explosive device as thousands of fans started to leave the Manchester Arena after a concert by the American pop icon, Ariana Grande. A number of children and young people are among those killed.
May said in London that the people of Manchester had fallen victim to a "callous terrorist attack," adding: "It is the worst attack Manchester has suffered Nike Air Force 1 Sale , and the worst to hit the north of England."
A single terrorist detonated a device near the exit of the arena, when people were leaving. The prime minister said it intended to cause maximum injuries."
May said police believe that attack was carried out by one person, but they need to find out if he was acting alone. She said if others are responsible for the attack they will be brought to justice.
May, meanwhile, said campaigning of the general election has been suspended by all of the parties.
"It is customary for leaders to condemn the attackers Nike Air Force 1 Shoes , but the fact we have to say this again does not make this any less true. We should remember the countless acts of kindness that brought people together, the work of the emergency services and the messages of solidarity and hope from those who opened their homes to victims. These are the things that represent the spirit of Manchester. It will never be broken."
"There will be difficult days ahead. Let us remember those who died, and think of those who helped," added May.
She said a further meeting of the Cobra emergency committee would take place later Tuesday.
It was the worst act of terrorism in Britain since the London bombings in July, 2005 Nike Air Force 1 Wheat , when more than 50 people died.
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WASHINGTON, Oct. 13 (Xinhua) -- U.S. President Donald Trump announced on Friday that he had decided to decertify Iran's compliance with the landmark deal reached in 2015.
"I am announcing today that we cannot and will not make this certification," Trump said at the White House as he unveiled a new Iran strategy of his administration.
The decertification would not pull the United States out of the Iran nuclear deal at the moment, but it would open a 60-day window in which U.S. Congress could reimpose nuclear-related sanctions on Iran, a step which would mean the violation of the deal on the U.S. side.
During his speech on Friday Nike Air Force 1 Flyknit , Trump called the Iran nuclear deal, formally known as Joint Comprehensive Plan of Action (JCPOA), "one of the worst and most one-sided transa. Cheap Boston Celtics Jerseys Cheap Cleveland Cavaliers Jerseys Cheap Chicago Bulls Jerseys Cheap Milwaukee Bucks Jerseys Cheap Oklahoma City Thunder Jerseys Cheap Washington Wizards Jerseys Wholesale Warriors Jerseys Wholesale Phoenix Suns Jerseys Wholesale San Antonio Spurs Jerseys Wholesale Sacramento Kings Jerseys