OECD: World economy to grow slower in 2014

Note: This section contains information in English only.
Source: RTT News
OECD decreased its expectations concerning world economic development this year, pointing on more measures to fight high unemployment. Now, the organization predicts a 3.4% GDP growth in 2014, while the next year it will grow by 3.9%. U.S. economy, in turn, will advance 2.6% and 3.5% in 2014 and 2015, respectively. Eurozone is forecasted to see a 1.2% GDP advance this year.
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Tue, 06 May 2014 11:43:05 GMT

European stocks fall slightly on banking sector earnings

European equities declined slightly in the morning of Tuesday, as analysts evaluate earnings of the European banking sector. Today, earnings for the first quarter of this year were announced by UBS AG and Barclays Plc banks, with the latter dropping 4.3% amid decrease in profit. By 9:00 GMT in London, the benchmark Stoxx Europe 600 Index lost 0.1% to 336.84

Tue, 06 May 2014 11:21:05 GMT

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