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The World May Have a Bigger Problem Than a Potential Recession

  • OECD flags changes in global economy with long-term fallout
  • Highlights climate change, shift in geopolitical order
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OECD Trims 2020 Global Forecast to 2.9%

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The global economy is stuck in a rut that it won’t exit unless governments revolutionize policies and how they invest, rather than just hoping for a cyclical upswing, the OECD said.