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People & Profit

Growth grumble: OECD chief Gurria warns of Brexit effect and low-growth trap

The Organisation for Economic Co-Operation and Development (OECD) has slashed its global economic forecast, saying the world economy is currently stuck in a “low-growth trap”. One of the major risks ahead, OECD head Angel Gurria says, is if Britain votes to leave the European Union in the looming Brexit referendum.

Also on the show:
  • Negotiators from the European Union and the United States are racing to strike a new transatlantic trade deal. But there are European fears that food standards are being sacrificed.
  • Spain is set for a tourism windfall as sunseekers turn away from North Africa and Turkey. But some locals are complaining about the massive influx of visitors.




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