OECD

OECD denies Russia’s membership

OECD denies Russia’s membership

The Organization for Economic Cooperation and Development (OECD) is terminating the process of Russia joining the organization, the official statement reads. "The OECD Council decided to formally terminate the process of …

OECD changes Russia growth forecast

OECD changes Russia growth forecast

The Organisation for Economic Co-operation and Development (OECD) cut its 2019 forecast for the GDP growth in Russia. The estimate for the 2018 GDP growth in Russia was downgraded from 1.8% to 1.6%, compared to the September report, …

 Erdogan: Turkey developing even amid security concerns

Erdogan: Turkey developing even amid security concerns

Mentioning how the Organization for Economic Cooperation and Development now classifies Turkey as a high-income country, Turkish President Recep Tayyip Erdogan said Turkey is set to move on despite challenges inside and …

Economy is stalling worldwide

Economy is stalling worldwide

Experts of the Organization for Economic Cooperation and Development (OECD) has issued a new forecast of the global economy, which is much more pessimistic than the previous one. 2016 global growth forecast was reduced to 3% [in …