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OECD cuts global growth forecast

2012-07-25 11 Dailymotion

The Organisation for Economic Co-operation and Development has downgraded its global growth forecast to 3.8 per cent this year and 3.4 per cent next year.<br /><br />This is mostly because it predicts the eurozone and the UK could be entering a recession. <br /><br />Al Jazeera's Laurence Lee reports from London, where workers are protesting against pay cuts.

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