Economy: Rising trade tensions and policy uncertainty weakening global growth (Bild: OECD)
“The global economy is facing increasingly serious headwinds and slow growth is becoming worryingly entrenched,” said OECD Chief Economist Laurence Boone, writes the OECD.
“The uncertainty provoked by the continuing trade tensions has been long-lasting, reducing activity worldwide and jeopardising our economic future. Governments need to seize the opportunity afforded by today’s low interest rates to renew investment in infrastructure and promote the economy of the future,” Ms Boone said..
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