Economic forecast: Slow, rough

Do something quick, alliance chief tells global players

Posted: November 28, 2012 at 4 a.m.

Hospital workers from the Clinico San Carlos in Madrid block traffic outside the hospital Tuesday in a protest against cuts to Spain’s national heath service. The Organization for Economic Cooperation and Development said the Spanish economy will shrink 1.4 percent in 2013.

The global economy could easily slide back into recession if its major problems — such as U.S. budget standoffs and Europe’s lack of jobs — are left to fester, a leading international economic body said Tuesday.

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Business, Pages 25 on 11/28/2012


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