07.05.2014 - OECD cuts global growth forecast for 2014
The global economy will grow by less than expected this year as growth in developing economies slows, The Organisation for Economic Co-operation and Development predicts. It expects 3.4% world growth this year, down from its 3.6% November forecast. In 2015, however, it still expects growth of 3.9%. It cut forecasts for China and the US. "We are still not out of the woods yet," said OECD Secretary General Angel Gurria...............................................Full Article: Source
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