OECD News

Paris - Because of the poor economic prognosis in parts of the debt-plagued euro zone, the Organization of Economic Co-operation and Development has reduced its global growth estimate for next year.

In its new report, Looking to 2060: A Global Vision of Long-term Growth, the OECD has announced that China’s economy will surpass the combined economies of the European Union (EU) Member States in a year.

Seoul - According to the Organization for Economic Cooperation and Development (OECD) report published Sunday, South Korea's high-speed Internet penetration rate topped 100 percent for the first time among the group's 34 nations.

England's state schools are failing to meet the needs of the most able children, according to research commissioned by the Sutton Trust. The research ranks England 26th out of 34 Organisation for Economic Co-operation and Development (OECD) countries.

Paris - The Organization for Economic Co-operation and Development (OECD) published its latest report Tuesday, in which it notes of a "severe recession" due to the Eurozone crisis. It also urged Bank of Canada Governor Mark Carney to raise interest rates.

Washington - Recent results from the Program for International Student Assessment (PISA) show Chinese students, taking the PISA exam for the first time, placed first in all three categories of math, science and reading, while US students were around or below average.

People in OECD countries are becoming fatter by the day. One in two people is now overweight or obese in almost half of OECD countries. Rates are projected to increase further and in some countries two out of three people will be obese within ten years.

The Organization for Economic Cooperation and Development (OECD) released a statement Wednesday that said aid pledged by the west to developing nations to reduce world poverty will fall $21 billion short.

Despite having one of the world's largest and most equally distributed economies, more of Japan's population is living in poverty now than a decade ago.

A stark assessment from the International Energy Agency's chief economist concludes that the world's top oil fields have already surpassed peak production and that the world's oil supplies are running out faster than predicted.