OECD reduces global growth forecast
International economic organisation predicts eurozone and UK could be entering a recession.
Published On 28 Nov 2011
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.
This is mostly because it predicts the eurozone and the UK could be entering a recession.
Al Jazeera’s Laurence Lee reports from London, where workers are protesting against pay cuts.
Source: Al Jazeera