"World Bank President Robert Zoellick warned on Friday that 2010 would be 'a highly uncertain economic year' and said unemployment would continue to rise even as economic growth returns to much of the world. 'We've broken the fall of the financial crisis but it's certainly too early to declare success. 2009 will continue to be a difficult year and 2010... a highly uncertain economic year,' he told reporters in Istanbul...." [Agence France Presse/Factiva]

However, Dow Jones adds that "...large-scale public deployment of financial resources, including by multilateral lenders, has staved off major trouble, Zoellick said.... 'The danger today is no longer a collapsing economy... but complacency,' Zoellick said...." [Dow Jones/Factiva]

Xinhua writes that "...Zoellick warned Friday the fast growth in East Asian economies could face inflation risk next year if low interest rates are maintained.... China will face a challenge because their credit growth has been very large and its quick recovery could have a potential effect on their growth later in 2010, Zoellick told reporters. He added that if East Asian countries kept interest rates low in line with the US Federal Reserve, they could have some inflationary bubble effect...." [Xinhua/Factiva]