Sabah, 04 September 2011

Robert Zoellick warns on the ‘great danger’ World Bank President Robert Zoellick stated that global economy is moving into a dangerous period. He participated at a conference held in Beijing on the future of China in the year 2030 and stressed that the financial crises in Europe resulted in a sovereign debt crisis impacting the monetary union, banks and competitiveness of some countries. |
Bloomberg, 06 September 2011

World Bank President Robert Zoellick indicated that risks to the global economy are intensifying. “We are moving into a dangerous period,” Zoellick said in an interview with Bloomberg Television in Singapore. While the U.S. is likely to avoid a return to recession, escaping with slow growth, the euro zone is facing a “particularly sensitive time,” he said. |
The Telegraph 22 September 2011
World Bank chief Zoellick warns 'world in danger zone'

Robert Zoellick, the World Bank president, warned, "the world is in a danger zone" as the economic crisis in the United States, Europe and Japan threatened to ravage the rest of the global economy. |