- Lowers US GDP forecast for 2012 to 2.% from 3.1%
- Lowers OECD area forecast for 2012 to 1.6% from 2.8%
- lowers EU area forecasts for 2012 0.2% from 2%, China down to 8.5% from 9.2%, and Japan to 2% from 2.2%
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OECD: Sees 2012 world growth down to 3.4% from 4.6% in May
OECD: Sees 2012 world growth down to 3.4% from 4.6% in May
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