An OCED report published on November 21 suggests that the global economy is decelerating, mainly as a result of trade wars and rising interest rates.
The 2019 outlook has been revised from 3.7 to 3.5%, that is, a resolute but not steep downturn.
The Paris-based club of the world's most developed economies suggests that the downturn may be worse for specific economies with the main concern centred on emerging and highly dollarised economies that are heavily dependent on direct foreign investmen...
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