OECD Forecasts Steady Economic Growth
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The OECD revised the growth projections for its major members. The growth of the US economy this year is likely to be 4.3 percent, instead of an earlier forecast of 4.7 percent, it said.
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PARIS, Nov 30  - The French economy is set for growth in the next two years and unemployment should begin to fall once oil prices ease, the OECD said here Tuesday.
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The soaring cost of oil has hit global economic growth, although world&#39;s major economies should weather the storm of price rises, according to the OECD.
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The world economy is sound, although  financial markets may remain ragged for some time, and China  must let its currency rise faster to rebalance global growth,  finance officials from rich nations said on Friday.
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A likely soft landing for the U.S. economy will not dent the recovery that is gathering pace in Europe, the OECD said Tuesday, as it raised its growth forecast for the 12 nations that use the euro and cut its outlook for the United States.
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The government GDP report for the July-to-September quarter was unchanged from an estimate a month ago.  The economy is expected to limp through the final months of the year.
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THE global economy is slowly recovering, and with it hopes for a sustained period of economic growth in all regions. South Africa&#39;s economic future is tied to that of the rest of the world and for this reason
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Turkey must strengthen market-economy reforms to sustain growth and promote confidence and to attract crucial international investments, the OECD said in a report.
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China will continue to achieve rapid but stable economic growth in 2007, the head of the National Development and Reform Commission, China's top economic planning agency, said on Wednesday.
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European stock markets made steady gains on Monday, led by advances in the banking and automotive sectors.
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World economic growth will be higher than predicted, the IMF says at the start of Singapore meetings.
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U.S. economic growth will remain  steady in the next year as inflation moderates, the U.S.  Chamber of Commerce forecast on Thursday, brushing aside  concerns that the downturn in housing could spark a full-blown  recession.
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Consumers&#39; assessment of the economy held largely steady this month, according to a university research report released Friday.
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Germany&#39;s economy is still on the mend despite an unexpectedly sharp slowdown in growth over the summer, the country&#39;s central bank said Monday, predicting that exports would rise in the fourth quarter even as the euro soars.
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The European Central Bank council meets to set interest rate policy Thursday, amid expectation that it will keep its key rate steady, as it awaits solid evidence the continent's economic recovery has firmed up.
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The U.S. economy is slowing but the  outlook is benign, while Japan is poised for its longest  post-war growth spell, OECD chief Angel Gurria said on  Thursday.
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U.S. stock futures were little changed  on Friday, pointing to a flat market open, after third-quarter  gross domestic product data showed the U.S. economy grew at a  slower-than-expected pace.