The Latest Breaking News from OECD

The OECD raised its global economic growth forecast for 2024 on Thursday, driven by strong performances in the United States and emerging countries while Europe lags behind.

Paris-based organisation predicts global economy to expand by 3.1 percent this year and 3.2 percent in 2025.

Services inflation, the Chinese economy and household consumption are sources of uncertainty hanging over the OECD's economic growth forecasts for Australia.

OECD upgrades global growth forecast due to strong US performance, projecting 3.4% growth in 2021 and 4.0% in 2022. Risks remain despite positive outlook.

The OECD also predicted the UK would see the weakest growth across the G7 group of major economies next year

UK constrained by high interest rates, price rises and staff shortages but thinktank offers optimistic outlook for global economy

Levy on oil and gas majors in richest countries would help worst-affected nations tackle climate crisis, says report

While Harvey Weinstein's 2020 rape conviction has been overturned by New York's top court, the French medical profession is now dealing with a series of #MeToo allegations in hospitals, including one leading female specialist levelling accusations against a renowned male colleague. Also it may be 2024 but a full-time working…

Israel and Indonesia engage in talks to normalize relations for Indonesia's OECD membership, facing challenges due to Indonesia's large Muslim population.

Rate declines for 15th consecutive month across 38 OECD countries from 6.3% in January to 5.3% in February

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