Home » Posts tagged with "Organisation For Economic Co-operation and Development"
IMF Chief Warns Global Economy May Well Slide Into Another Great Depression
The international financial watchdog earlier estimated the recent trade rows had already cost the world economy about $700 billion or an 0.8 percent slump in global GDP, outlining the data in a soon-to-be-published annual report by the IMF.
Chief of the International Monetary Fund Kristalina Georgieva has described the fearsome possibility of a repetition of the Great Depression, in light of today’s...
UK economy set to shrink faster next year as debt soars to 90% and unemployment hits 10%
Britain’s net debt as a proportion of national output will skyrocket to 90 per cent in 2010, while the unemployment rate is set to hit almost 10 per cent in the same year, warns a leading economic think-tank.
The Government was under fresh fire over the state of the public finances today after the Organisation For Economic Co-operation and Development said it should be ‘more ambitious’...
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