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World Bank: Global economy faces unemployment risk

SINGAPORE
Thu Nov 12, 2009 9:32pm EST

SINGAPORE (Reuters) - The global economy faces risks from unemployment but the threat of inflation is not a great concern although Asian central banks will face some price pressures, World Bank President Robert Zoellick said on Friday.

Economy

Speaking on the sidelines of an Asia Pacific meeting in Singapore, Zoellick described trade protectionism as a low-grade fever, not a full-blown influenza.

(Reporting by Neil Chatterjee, Editing by Dean Yates)



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