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OECD Predicts Slowdown in Europe But Raises U.S. Growth Forecast
By: Wall Street Pit
Posted on September 03, 2008 at 03:22 AM EDT
Europe’s overall economic tendencies, in terms of recovery efforts, remain currently very hesitant and highly vulnerable given the downturn in housing markets, high commodity prices and massive global imbalances. According to Paris-based Organization for Economic Co-operation and Development [OECD] ; the European economy will slow at a faster pace than previously predicted. In its brief overview of [...]
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