OECD

The 17-country eurozone risks falling into a "severe recession," the Organization for Economic Cooperation and Development warned on Tuesday, as it called on governments and Europe's central bank to act quickly to keep the slowdown from spreading.

A new study says top-performing teachers turn out students who learn more than the students who had the worst teachers. And that extra learning has a huge impact on earnings -- and the nation's economy. Still, some educational experts say the study raises more questions than it answers.

The Organization for Economic Cooperation and Development cut its economic growth outlook for 2011, forecasting a "softspot" as governments withdraw stimulus packages. It now expects a 4.2% growth rate, compared with a previous forecast of 4.5%.

The Organization for Economic Cooperation and Development upped its estimate for second quarter economic growth among its 33 member nations on signs that investment rose. Gross domestic products in OECD countries increased by an average of 0.9% in the three months through June, the organization...

The recession may have ended in June 2009, but the jobless rate in the U.S. is likely to stay above the pre-crisis level until at least 2013, according to a survey from the Organization for Economic Cooperation and Development.

A panel of economists cut its forecast for U.S. economic growth for the rest of 2010 for the third month in a row. The latest Blue Chip Economic Indicators report said that lower-than-expected consumer spending, business investment and private construction would dampen economic growth, Reuters...

In its first detailed assessment of 2011, the International Energy Agency says that it expects world oil demand to rise 1.6% next year. The agency left its 2010 forecast largely unchanged.

Pundits constantly lament the state of the U.S. economy, but it's our human capital that we should be worried about. Our young people are being ill-prepared for the workplace, and getting some very strange signals from both schools and parents about what it means to be "the best."

In OPEC's June report, released today, the oil cartel doesn't see global demand changing much. It's sticking with its 0.9 million barrels per day increase (1.1%) for the remainder of 2010. It notes that demand rose a "marginal" 0.4 mbd in the first quarter, so it's already trending a bit behind its yearly forecast.

The Organisation for Economic Co-operation and Development released a "glass half empty" economic outlook report Wednesday. Despite its upward revisions for GDP forecasts, the OECD is worried that sovereign debt issues and inflation in emerging markets may cause problems for the world's key economies.