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Australia to enjoy robust recovery, OECD says: Economy Roundup
The organisation's semi-annual economic outlook has said the country's recovery will proceed as expected, and that other countries will fall behind in terms of economic performance. "Australia is likely to experience a relatively more robust recovery," the report stated. "Current economic trends and the reduction in negative macroeconomic risks argue...
Asia Helps Feeble West in Global Recovery -OECD
By Brian LovePARIS (Reuters UK) - Asia is leading the global economy out of the deepest downturn in decades but the recovery will be marred by high unemployment and huge government debt across the industrialised countries, the OECD said on Thursday.Central banks and governments in major Western economies should prepare...
OECD Sees Fed, ECB Rates on Hold Into Late 2010
PARIS (Reuters UK) - The world's key central banks will not need to start raising policy interest rates until late 2010 due to low inflation and economic slack, and can then proceed gradually, the OECD said in a report published on Thursday.The Organisation for Economic Co-operation and Development said it...
Asia Helps Feeble West in Global Recovery: OECD
By Brian LovePARIS (Reuters) - Asia is leading the global economy out of the deepest downturn in decades but the recovery will be marred by high unemployment and huge government debt across the industrialized countries, the OECD said on Thursday.Central banks and governments in major Western economies should prepare for...
Australia Slow on Super Recovery: OECD
Australian superannuation funds were among the worst performers in the world during 2008 because of their dependence on shares rather than other alternatives, such as bonds.They have also been one of the slowest to recover in 2009, the Organisation of Economic Co-operation and Development OECD says in a pension...
Oil Demand in Developed Nations Peaked in 2005, and It's Not Coming Back
Demand for oil in the world's 30 developed countries probably peaked in 2005 -- long before the recession -- and will continue to fall even as the economy recovers, according to a report released Tuesday from consulting firm, IHS Cambridge Energy Research Associates. To put that in perspective, consider this: The...
OECD boosts its global outlook
THE Organisation for Economic Co-operation and Development says the global economy is emerging from its worst slump since World War II faster than the think tank forecast three months ago. In a twice-yearly update to its main economic forecasts, the OECD said the drag on growth from the drawdown on...
US Pays More For Cellphone Service, Carriers Insist That We Are Not Getting Screwed [Cellphones]
Copy this whole post to another site A survey by the Organization for Economic Cooperation and Development OECD revealed that the US, Canada and Spain pay considerably more for cellphone service than dozens of other nations. Of course, the carriers were quick to spin the findings. "On average, the OECD...
North Americans pay more for cell phone service
Cell phone users in the U.S., Spain, and Canada pay more for mobile phone service than cell phone users in other parts of the world, according to a survey published by the Organization for Economic Cooperation and Development.The OECD surveyed mobile carriers in its 30 member countries. The report showed...
Go Play: OECD's DIY Economic Forecasting Tool
British business leaders are worse at reading the economy going into a recession than consumers. But they pick up on recoveries much more quickly. That's my conclusion from playing with a fascinating interactive chart available at the OECD website. It plots consumer and business confidence against industrial...
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