English | دری

G20 output stagnating

in International Business

G20 output stagnating

According to data compiled by the Organization of Economic Cooperation and Development (OECD), the G20 group of leading world economies’ GDP grew at an annual rate of 3% in the second quarter, compared with 3.2% in the first quarter.

Officials from the G20 are meeting in Mexico City to discuss the issue.

The leading economies have to act to moderate the impact of high food prices on households whose incomes are stagnating and shrinking due to economic slowdown.

Drought has reduced harvests in North America whilst Russian grain exports have also fallen, pushing up global prices.


Tags assigned to this article:
G20G20 output stagnating

Related Articles

Samsung loses Japan iPhone battle but gains help of ex-judge

BBC News-Samsung has failed to secure a iPhone ban in Japan in its latest patent fight with Apple. The Galaxy

Brazil’s Rousseff seeks US help with skills shortage

Science education and training are high on the agenda for Brazilian President Dilma Rousseff’s first official visit to the US,

18,002,000 jobless in Eurozone

Eurozone unemployment hits a record high, with 88,000 more people added to the jobless total, totaling in 18,002,000 jobless. The

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.