Eerily red stock market board with plunging error, indicating potential global recession

‘Act now or risk another deep downturn,’ OECD warns policymakers

Global policymakers have been warned by the Organisation for Economic Co-operation and Development (OECD) to “act now” to prevent “persistent and sluggish growth” and another economic downturn as it downgraded its global growth forecasts. In the OECD’s latest economic outlook published on Wednesday, the organization said that global growth had “languished over the past eight…