OECD lowers global growth forecast for 2019

Business / Economy Nov 21, 2018

OECD lowers global growth forecast for 2019

The Organization for Economic Cooperation and Development lowered on Wednesday its projection for global economic growth next year, citing headwinds including the ongoing trade dispute between the United States and China. Worldwide gross domestic product is expected to grow a real 3.5 percent in 2019, ...

Business / Economy Sep 21, 2018

OECD expects slightly weaker global growth in 2018 and 2019

The Organisation for Economic Co-operation and Development on Thursday slightly lowered its projections for global economic growth this year and next, saying the expansion "may have now peaked." The world's gross domestic product is expected to expand a real 3.7 percent in 2018, down from ...

Abe and OECD chief agree multilateral fixes needed for trade disputes

Business Apr 12, 2018

Abe and OECD chief agree multilateral fixes needed for trade disputes

Prime Minister Shinzo Abe and Angel Gurria, secretary-general of the Organisation for Economic Co-operation and Development, have affirmed that using multilateral mechanisms to tackle steel overproduction and other trade issues is important, the OECD chief said Thursday. "Tariffs are the manifestation . . ., but ...