The International Monetary Fund and the World Bank have updated their global economic projections . The new projections make for ugly reading , with a slowdown still apparent in the global economy . But there is an interesting caveat in the World Bank 's outlook on the emerging market economy . Two members of the BRICS are emerging as the globe 's economic pillars .
The International Monetary Fund and the World Bank have updated their global economic projections . The new figures make for ugly reading , with a slowdown still apparent in the global economy . But there is an interesting caveat in the World Bank 's report on the emerging market economies . Two members of the BRICS are emerging as the globe 's economic pillars .