By Chris Dorrell Global growth is expected to slow for the third year in a row in 2024, as the higher cost of borrowing and geopolitical tensions weigh on the global economy. The slow performance this year means the global economy is on track for its slowest half-decade of GDP growth in 30 years, according to the World Bank’s Global Economic Prospects report. Although the risk of a global recession has receded, largely thanks to the strength of the US economy, many developing countries face a bleak medium-term outlook. Tighter financial conditions, the slowdown in China and weak global trade a…