One cannot help but begin the year with the sense that uncertain times lie ahead. The world economy is in a much more fragile state.

We want to help lead the country and the world into the hydrogen economy.

The result is there are economies which remain vulnerable to event risk, to a more challenging global environment, or to populism.

This is time for prudence among lenders and investors.

There is a growing sense that the pattern of strong global growth that we have seen in the past few years is shifting now. The question is whether it will be gradual or abrupt.

While growth has been holding up relatively well, particularly in emerging market economies, there are considerable risks beneath the surface.