UNITED NATIONS, May 21 (UPI) -- The global economy will grow despite slower progress for developing countries and a slow job market, the United Nations said in a report released Wednesday.
The "U.N. World Economic Situation and Mid-Year Prospects 2014" mid-year update offered lower expectations from forecasts in its earlier edition. World gross product for 2014 is projected at 2.8 percent, and 3.2 percent in 2015, up from 2.2 percent in 2013.