Global economy 'fraught with uncertainty,' expected to slow: Davos survey

A majority of economists believe economic activity will slow down in 2024, according to a World Economic Forum , citing global conflicts and the stresses of long-term deflationary efforts. “Global economic prospects remain subdued and fraught with uncertainty,” the report reads. “While there are positive developments, such as easing inflationary pressures and advances in the field of artificial intelligence (AI), businesses and policy-makers face persistent headwinds and continued volatility as global economic activity remains slow, financial conditions remain tight and geopolitical rifts and social strains continue to grow.” The…