Global Business Report: Rio Tinto Warns on Iron Ore

The video discusses economic risks, focusing on China's growth and potential systemic accidents. Ken Rogoff highlights China's importance over Greece. Corporate performance is reviewed, with Rio Tinto's production results and Volkswagen's market share decline due to its emissions scandal. Economic forecasts are provided by Citigroup, predicting a slowdown in the UK, and the World Bank, which downgraded global growth forecasts amid global challenges like climate change and pandemics.

What is Ken Rogoff's main concern regarding China's economic strategy?

• China's ability to manage growth without a crisis

• Volkswagen's market share decline

• The impact of Greece on the global economy

• The sustainability of low prices

What was a significant factor in Volkswagen's market share reaching a five-year low?

• Increased competition from China

• The emissions cheating scandal

• New supply from Rio Tinto

• A decline in global demand

Which economist predicted a slowdown in the UK's economic expansion?

• Ken Rogoff

• Michael Saunders

• Jim Yong Kim

• Walsh

What percentage did the World Bank downgrade its global growth forecast to?

• 2.7%

• 3.0%

• 2.5%

• 2.9%

What are some of the major global challenges mentioned by the World Bank President?

• Trade wars and tariffs

• Technological advancements

• Political instability

• Forced displacement, climate change, and pandemics