#1 Global group says figures point to recession11-10-2015, 11:14 AMPARIS — A slowdown in international trade could be a harbinger of a new recession for the world’s leading economies, a leading global policy organization warned Monday.
The Organization for Economic Cooperation and Development says trade figures are worrisome because the stagnating or declining rates of trade seen this year have, in the past, been associated with global recession.
In its outlook issued Monday, the group projected global trade growth at only 2 percent this year.
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