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OECD ups global growth forecast to six-year high

The Organization for Economic Cooperation and Development (OECD) predicts the global economy growth rate at 3.5%, its highest in six years. The global economy is set to grow 3.5 percent in 2017, followed by an increase to 3.6 percent in

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Global Recovery Under Threat, says OECD

According to the Organisation for Economic Co-operation and Development (OECD), decisive policy action is needed to ensure the world is not “plunged back into recession.” The OECD, which represents the world’s richest nations, also lowered its growth forecasts. The group’s

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A Snapshot of the Current Status of Russia’s Economy

Despite not seeing double-digit economic growth for over ten years, and been hit hard by the recession in 2009, Russia has had an average annual growth rate since 2000 of over 5%. And according to the OECD, a mostly rich-country

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A Snapshot of the Current Status of Russia's Economy

Despite not seeing double-digit economic growth for over ten years, and been hit hard by the recession in 2009, Russia has had an average annual growth rate since 2000 of over 5%. And according to the OECD, a mostly rich-country

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EU needs to double the bailout fund, says OECD

The head of the Organisation for Economic Co-operation and Development (OECD) has said that the eurozone needs to double its bailout fund to 1 trillion euros ($1.3tn, £836m). Angelo Gurria said the eurozone must show investors they have the “firepower

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