SYDNEY, Aug. 15 (UPI) -- The world economy is entering "a new danger zone," World Bank President Robert Zoellick said in Sydney when discussing the state of the financial markets.
"Well, I think we're entering a new danger zone, and I think that confidence in economic leadership has been slipping. And it will be important that the primary economic actors take steps, both short and long term, to restore that," said Zoellick in the Australian city where he had gone to address the Asian Society.