A leading international economic think-tank was warning that Britain is about to slip back into recession, it was reported Saturday.The Daily Telegraph newspaper said the Organisation for Economic Co-operation and Development (OECD) was forecasting that UK growth would be negative during the first half of 2012.The timing is highly sensitive for the Government with the OECD due top publish its latest forecasts on Monday, the day before Chancellor, Finance secretary, George Osborne delivers his autumn statement on the economy. The Telegraph, quoting government sources, said the Government was warned on Thursday that it would be predicting a new downturn in Britain because of the euro crisis. The paper said the OECD was forecasting the recession would be mild and that the economy would begin to recover during the summer.
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:59 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 16:57 2018 Wednesday ,31 October
Putin to discuss relations development prospectsGMT 16:04 2018 Monday ,29 October
Russian, Cuban presidents to discuss strategic partnershipGMT 12:57 2018 Saturday ,27 October
"Undeclared war" forces Russia to boost defense spendingGMT 15:45 2018 Friday ,26 October
Medvedev to represent Russia at upcoming APEC summitGMT 14:12 2018 Thursday ,25 October
Saudi Arabia plans to invest in Russian-Chinese Fund soonMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor