ANKARA

A UN report expected a modest rebound in global economic growth for 2020, assuming that numerous risks lurking on the horizon will not materialize. 

The world economy is foreseen to grow by 2.5% this year if trade tensions, geopolitical frictions and financial turmoil do not escalate and catastrophic climate shocks remain at bay, the UN expected in its annual report -- titled World Economic Situation and Prospects 2020 -- released late Thursday.

It underlined that policy uncertainties will continue to weigh on investment plans.

Even as global trade tensions ease along some fronts, the potential for relapse is high,