OECD is more pessimistic. Red signs for the economy

OECD is more pessimistic. Red signs for the economy

World economy grows at the lowest annual rate since the financial crisis. Trade war may take 0.3-0.4 percentage points from world GDP.

Alarms are ringing everywhere, and few economies escape the most pessimistic predictions of the Organization for Economic Co-operation and Development (OECD). With the exception of Canada, Japan and Turkey, all the other economies assessed are on a slower growth path and the euro zone will be one of the most battered, with Germany at the head.

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