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OECD calls for urgent, joint action to arrest slowdown

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This year's global growth will be the slowest in five years, the OECD said, citing "disappointing recent data" in support of its sobering predictions.

Tokyo

THE Organisation for Economic Cooperation and Development (OECD) called on Thursday for an "urgent policy response" by advanced and emerging economies, acting in concert, to rescue the global economy from continued stagnation, as it trimmed its growth projections for most economies

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