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OECD: World Economy Is Slowing

A new forecast says that global economic growth has slowed this year and will not advance as fast as once thought for next year.The Paris-based Organization for Economic Cooperation and Development said Tuesday the world economy will grow by 2.7 percent this year and 3.6 percent in 2014. Both figures are lower than predicted in May by the 34-nation research institution for developed democracies.The OECD's secretary-general, Angel Gurria, said the world economy faces "potential...

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