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OECD lowers global growth forecast

Structural reforms critical for Japan, the eurozone and emerging economies
Wednesday, November 20, 2013 - 06:00

STRIKING a distinctly cautious note about global economic prospects, the Organisation for Economic Co-operation and Development (OECD) announced yesterday a "significant" downward revision of its earlier growth forecasts for this year and the next, warning about the domination of downside risks

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