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OECD Cuts 2015 Global Forecast

The world economy will grow slower than expected this year and will pick up in 2016, if there is investment.  That is the latest forecast by the Paris-based Organization for Economic Cooperation and Development (OECD).   In its latest global outlook launched in Paris Wednesday, the OECD predicts growth for China and the United States will slow this year, compared to 2014.   The organization cut its forecast for China to 6.8 percent this year, compared to 7.4 last...

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