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Business 08 Jun 2017 | 12:00 AM

OECD: Global growth headed for six-year high

PARIS: The global economy is on course this year for its fastest growth in six years as a rebound in trade helps offset a weaker outlook in the United States, the Organisation for Economic Cooperation and Development (OECD) forecast.

Economy 16 Sep 2014 | 12:00 AM

OECD cuts growth forecasts

PARIS: The Organisation for Economic Cooperation and Development (OECD) slashed its growth forecasts for major developed economies, urging much more aggressive European Central Bank (ECB) stimulus to ward off the risk of deflation in a subdued eurozone.

Economy 07 Mar 2019 | 12:00 AM

OECD cuts global outlook again, warns worse may be ahead

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).

Economy 21 Sep 2018 | 12:00 AM

OECD trims economic outlook over trade and emerging market woes

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.

Business 02 Jun 2016 | 12:00 AM

OECD blasts loose money policies

PARIS: The global economy is slipping into a self-fulfilling “low-growth trap” where ultra-loose monetary policy risks doing more harm than good, the Organisation for Economic Cooperation and Development (OECD) warned.

Business 28 Nov 2012 | 12:00 AM

OECD cuts global forecasts, names EU greatest threat to world economy

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.

Business 29 Mar 2013 | 12:00 AM

US and Japan drive recovery, OECD says eurozone needs rate cut to boost growth

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).

Business 08 Mar 2017 | 12:00 AM

OECD: Economic nationalism, volatility threaten modest recovery

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.

Business 19 Nov 2013 | 12:00 AM

OECD area growth stuck at 0.5%

PARIS: The US and British economies speeded up slightly in the third quarter but expansion in several other economies slowed, leaving OECD-area growth at 0.5%, the Organisation for Economic Cooperation and Development (OECD) said.

Economy 06 May 2014 | 5:07 PM

OECD cuts China growth forecast to 7.4%

BEIJING: China's economic growth is likely to slow to 7.4% in 2014 from 7.7% last year due to the government's drive to curb credit risk and excessive factory capacity, the OECD said on Tuesday.