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OECD cuts global growth forecast

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OECD cuts global growth forecast

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Al Jazeera English

11 Views • Jul 25, 2012

Description

The Organisation for Economic Co-operation and Development has downgraded its global growth forecast to 3.8 per cent this year and 3.4 per cent next year.

This is mostly because it predicts the eurozone and the UK could be entering a recession.

Al Jazeera's Laurence Lee reports from London, where workers are protesting against pay cuts.