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OPEC marks down economic forecasts on uncertainties

Posted on 25 October 2011

The Organisation of Petroleum Exporting Countries (OPEC) has cut down its forecasts on economic growth for 2011 and 2012 as a result of global economic uncertainties including the ineffectiveness of the United States’ stimulus packages.

The Organisation in its latest publication – OPEC Bulletin, cited the global economic uncertainties as the reason for the downward review of its economic growth forecasts for this year and next year………………………………………Full Article: Source


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