Global economy healing at disappointing pace

Global Business

The Organization for Economic Cooperation and Development says the world economy is healing but at a disappointingly slow pace. CCTV’s Kate Parkinson filed this report from Paris. 

Other details:

  • The Outlook shows some areas of improvement with output in the Euro area expected to rise by 1.4 percent this year and 2.1 percent in 2016.

Christian Kastrop on reasons for the U.S. downgrade

For more on the OECD’s outlook for global growth, CCTV America’s Elaine Reyes spoke to Christian Kastrop. He’s head of the policy studies branch of the OECD Economics Department.