World leaders says cautious optimism should be there for 2016 global economy

Jan 24, 2016, at 08:32 pm

Davos-Klosters, Switzerland, Jan 24 (Just Earth News/IBNS): Despite significant market turbulence in the beginning of this year, there are reasons to remain cautiously optimistic about the trajectory of the global economy throughout 2016 and beyond. This was the consensus of panellists at the World Economic Forum Annual Meeting, against the backdrop of very low oil prices and bond yields, as well as handwringing about the effect of the Chinese economy on markets and fears over the divergent monetary policies of the United States, Japan and Europe.