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PARIS: The global economy is suffering more than expected from trade tensions and political uncertainty which are clouding prospects particularly in Europe, according to a gloomy report from the Organisation for Economic Cooperation and Development (OECD).
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.
PARIS: The Organisation for Economic Cooperation and Development (OECD) has slashed its global growth forecasts, warning that the debt crisis in the recession-hit eurozone is the greatest threat to the world economy.
PARIS: The United States and Japan are leading a rebound in advanced economies while the still fragile eurozone needs an interest rate cut to ensure a recovery takes hold, according to the Organisation for Economic Co-operation and Development (OECD).
PARIS: A modest recovery under way in the global economy is at risk from economic nationalism and diverging central bank policies, the OECD said on Tuesday as it forecast only a slight pick-up in growth.