Organisation for Economic Co-operation and Development (OECD) Mexican Secretary General Angel Gurria presents the OECD Economic Outlook at the OECD headquarters in Paris on November 9, 2015. AFP PHOTO / ERIC PIERMONT
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Global trade flows have fallen dangerously close to levels usually associated with a global recession, though actions by China and others should ensure a pickup in 2016, the OECD said in a report Monday.Growth in the United States should reach 2.4 percent this year and 2.5 percent next year, it said, cutting its 2016 outlook from a previous 2.6 percent.The OECD also trimmed its forecast for the euro zone to 1.5 percent this year and 1.8 percent next year, from 1.6 percent and 1.9 percent previously.For China, the OECD raised its 2015 forecast to 6.8 from 6.7 percent and kept its 2016 forecast at 6.5 percent.
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