Global Economy

OECD warns eurozone crisis stunting global recovery

22 May 2012

Europe came under mounting pressure Tuesday to take action to boost growth as the OECD warned that the eurozone crisis has worsened and poses the greatest risk to a recovery for the global economy.

Eurozone warned 'severe recession' looming

22 May 2012

The 17-country eurozone risks falling into a "severe recession," the Organization for Economic Cooperation and Development warned on Tuesday, as it called on governments and Europe's central bank to act quickly to keep the slowdown from dragging down the global economy.

OECD Says European Debt Crisis May Hurt Global Economy: Hot Trends

22 May 2012

A look at the day's most searched trends on the Web, including the OECD's report that it sees the European debt crisis pose a risk to the global economy.