Fri, Nov 22, 2013 - Page 15 News List

Anxiety over asset bubbles in homes, Internet rising


Thirteen percent of investors said the US economy is weakening, the most since January, while about a third called it stable and 54 percent said it is improving. US investors were again more downbeat.

The Organisation for Economic Co-operation and Development (OECD) this week cut its global growth forecasts for this year and next as emerging-market economies cool. The world economy will probably expand 2.7 percent this year and 3.6 percent next year, instead of the 3.1 percent and 4 percent predicted in May, the Paris-based OECD said.

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