Nov 21, 2018
PARIS | World economy has 'passed its peak' as trade wars weigh
PARIS | World economy has ‘passed its peak’ as trade wars weigh
PARIS — A global economic watchdog says world growth has passed its peak and faces growing risks, including from trade disputes and higher interest rates.
The Organization for Economic Co-operation and Development, which advises many of the world’s richest economies, said Wednesday it has cut its forecast for global growth next year to 3.5 percent from 3.7 percent previously.
The Paris-based…
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