UPDATE 1-World Bank’s Banga says geopolitics pose ‘serious’ risk to world economy

World Bank President Ajay Banga said on Tuesday that geopolitic tensions pose the biggest threat to the world economy, but that risks "tend to move around" fast, so others should not be ignored. "While everything looks better than we expected it to look in the developed world some time ago, I think that we're at a very dangerous juncture."