OECD warns of lower growth, increased unemployment
"The current forecast points to a continued slump in the world economy, and the potential for a global recession on par with what began with the housing market crisis in 2007. It predicts that the gross domestic product of its member states, all of which are considered “developed” countries, would expand only 1.4 percent in 2013, revised downward from 2.2 percent from the OECD report issued six months ago."
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