Economics
World Bank’s Kim Says Global Slump Could Destroy Africa’s Gains
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World Bank President Jim Yong Kim said the global economy is at risk of a slowdown that wipes out gains in Africa, the poorest continent, and Latin America.
“Our job now is to make sure the growth over the last five years that we’ve seen in Africa and Latin America is not destroyed by further worsening in the situation,” Kim said in an interview with Bloomberg Television today on a Japanese bullet train to Sendai, a city in the region hit hardest by last year’s earthquake and tsunami.