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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.

Cotización de las Principales divisas en tiempo real

Cotización de las Principales divisas en tiempo real
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Calendario económico en tiempo real proporcionado por Investing.com España.

miércoles, 28 de noviembre de 2012

OECD: Fiscal-cliff failure could trigger recession

MADRID (MarketWatch)
The Organization for Economic Cooperation and Development on Tuesday warned of a "hesitant and uneven recovery over the coming two years," saying it expects global growth of 1.4% this year and next
"The world economy is far from being out of the woods," said OECD Secretary-General Angel Gurría, in a press release as the group released its Economic Outlook
"The U.S. 'fiscal cliff,' if it materializes, could tip an already weak economy into recession, while failure to solve the euro-area crisis could lead to a major financial shock and global downturn
" Gross domestic product across the OECD could rise to 2.3% for 2014, according to the projections
For the U.S., it sees GDP of 2% in 2013 if the U.S. can avoid the fiscal cliff, rising to 2.8% in 2014
The euro area is expected to remain in recession until early 2013, leading to a mild contraction of 0.1% next year, before a pickup in growth to 1.3% in 2014

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