US, world unlikely to slip into recession, World Bank chief says

Singapore - World Bank chief Robert Zoellick on Tuesday said the United States and the global economy were unlikely to slip back into recession although serious risks remained.

"I don't believe that the United States and the world will go into a double-dip, but there's high degree of uncertainty," Zoellick told a World Bank infrastructure summit in Singapore.

His remarks came amid growing fears that the global economy could fall into another recession due to economic and debt woes in the US and Europe.//DPA