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3 mins read
The OECD said coronavirus has triggered the worst global recession in almost 100 years — and laid out 2 scenarios for its impact on the world economy
The OECD said global output will shrink by 7.6% this year if a second wave of COVID-19 cases break …
Saloni Sardana
2 mins read
The US economy is set to grow at the fastest pace since 1984 thanks to stimulus and the rapid vaccine rollout, the OECD said
The OECD said US growth was already picking up, aided by President Joe Biden's $1.9 trillion stimul…
Harry Robertson
2 mins read
OECD doubles 2021 US growth prediction to 6.5% after Joe Biden's $1.9 trillion stimulus bill
The OECD said there "would be a clear immediate boost from stimulus payments to households" from th…
Harry Robertson
1 min read
The OECD Just Cut Its Forecast For World Growth - Here Are The Totally New Projections
"Most of the emerging economies have underlying fragilities that mean they cannot continue growing …
2 mins read
Global growth will hit a 5-decade high in 2021 on vaccine-powered rebound, OECD says in upgraded forecast
The OECD lifted its 2021 global growth estimate to 5.8% from 4.2%. G20 nations will outperform whil…
Ben Winck
2 mins read
The global economy will recover from COVID-19 faster than expected, but new stimulus is still needed, OECD says
The organization lifted its outlook for global growth to -4.5% from June's -6% estimate, noting the…
Ben Winck
1 min read
Indians are acquiring nationalities of other nations like never before; top the foreign citizenship list
In 2015, 1.30 lakh Indians, consisting mostly expatriates on work visas, acquired citizenship…
1 min read
OECD Predicts $190 Oil In Seven Years
The reason is that worldwide demand is set to rebound — the group says should world growth return t…
Rob Wile
3 mins read
OECD cuts forecasts, warning that Trump's trade war, China's slowdown, and a fragile Europe are threatening to 'derail' the world economy
"Economic prospects are now weaker in nearly all G20 countries than previously anticipated. Vulnera…
Will Martin
1 min read
OECD: The World's Economy Is Stuck In The Mud And Europe Is Failing
France and Italy's growth projections for 2015 are only beaten by Russia. In 2016, the OECD suggest…
Mike Bird
1 min read
Sovereign debt ratings of OECD countries
For your reference, Deustche Bank's Torsten Slok offers this table showing the evolution of soverei…
Sam Ro
3 mins read
OECD: There are 4 big risks facing the world economy
Additionally, "financial market expectations imply that a large divergence in short-term interest r…
Prashanth Perumal
2 mins read
OECD: Brexit would be 'like a tax' on British people
Earlier this month, the IMF said that Brexit could cause "severe regional and global damage" while …
Will Martin
1 min read
OECD: Wage Inequality Will Only Get Worse From Now Through 2060
"Assuming that historical trends and relationships prevail - while GDP and educational attainment g…
Mamta Badkar
2 mins read
This chart shows how hard Trump's trade war is hammering global growth
"It would be a mistake to consider these changes as temporary factors that can be addressed with mo…
Yusuf Khan
3 mins read
The COVID-19 jobs crunch is already 10 times worse than the 2008 crisis, and a 2nd wave could leave 80 million people unemployed by the end of 2020, OECD warns
In case of a second wave, US real GDP may contract by 8.5% in 2020, with a muted rebound of only 1.…
Shalini Nagarajan
2 mins read
Here's how wealthy the average family is in 35 countries around the world
The OECD tracks several economic and social statistics for each of its member countries as part of …
Andy Kiersz,Jenny Cheng
2 mins read
The OECD warns the world economy will collapse by 4.5% this year, in its worst slowdown since World War Two
China, the US, and Europe are expected to perform better than expected, while many countries are st…