OECD trims economic outlook over trade and emerging market woes

New Chief Economist of the Organisation for Economic Co-operation and Development (OECD), Laurence Boone addresses a press conference to present the OECD interim economic outlook at the OECD headquarters in Paris on September 20, 2018. - AFP

PARIS: Global economic growth has peaked out in the face of rising trade frictions and emerging market turbulence, the OECD said, trimming its earlier outlook.

The world economy is on course for growth this year of 3.7% this and next year, up from 3.6% last year, said the Organisation for Economic Co-operation & Development (OECD).