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"economic recovery" tag

OECD forecasts ‘long road’ for global economic recovery

Economic experts have slightly raised their expectations for global economic recovery based on fresh economic data. The Paris-based organization foresaw economic expansion of 2.7%, up from 2.6% in its last report in March. Despite the improvement,...

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Euro climbs to seven-week high against US dollar

The euro has continued its steady rise against the US dollar, with analysts viewing the development as a sign of economic recovery in the area using the currency. But the surge might not be sustainable....