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PARIS Comprar Hombre Nike Air Max 270 Hot Punch , Sept. 16 (Xinhua) -- The Organization for Economic Cooperation and Development (OECD) foresaw Wednesday "weakened" growth outlook in the near term as "stagnating world trade and deteriorating conditions in financial market" halt growth in emerging markets and tainted performance of advanced economies.


"Global growth prospects have weakened slightly and the outlook is clouded by important uncertainties," said OECD Chief Economist Catherine L. Mann.


"Emerging economies have vulnerabilities that could be exposed by rising U.S. interest rates andor a sharper-than-expected slowdown in China, giving rise to financial and economic turbulence that could also exert a significant drag on advanced economies," she added.


According to the latest Economic Outlook released by the Paris-based organization, the world economy would grow by 3 percent this year and 3.6 percent in 2016, down from 3.1 percent and 3.8 percent from a previous projection.


The U.S. economy is expected to expand 2.4 percent in 2015 before rising to 2.6 percent a year after as "rising employment and household consumption are driving solid growth in the United States, but investment continues to disappoint Comprar Hombre Nike Air Max 270 Camo Heel ," the think-tank said, calling on the country's central bank to raise its benchmark rates, the first increase since 2008 financial crisis.


"The U.S. Federal Reserve will soon need to begin to raise its policy rate at a gradual pace, given the solid growth of the U.S. economy and concerns over asset prices. The timing of the first rate rise will make little difference to the outcome, but the pace of increase does matter," the OECD said.


Growth across the eurozone was projected at 1.6 percent this year and 1.9 percent next year as Germany was leading expectations of growth. Its economy was set at 1.6 percent in 2015, unchanged from previous estimate.


As for France Comprar Hombre Nike Air Max 270 Ocean Bliss , which is struggling to put growth on recovery track, will see a 1 percent rise for the whole year of 2015 followed by a 1.4 percent rebound in the next year, below the government target percent.


However, "the pace of recovery in the euro area is disappointing, given the favorable factors from which they are benefiting," according to Mann.


The OECD expert urged more growth-oriented fiscal policies and repairing banking system across the European bloc in order "to add momentum to the expansion and create spillover effects into labor markets, business investment and trade".


Looking to China Comprar Hombre Nike Air Max 270 Blancas Volt , the Paris-based organization projected 6.7 percent growth in 2015 and 6.5 percent in 2016, down by one percentage point and two percentage points respectively.


"The marked slowdown in Chinese import demand has important spillover effects on global growth, particularly in emerging economies with close trade links to China, and those that depend on commodities," it noted.


In Brazil, growth would contract by 2.8 percent in 2015 and then by an additional 0.7 percent rate in 2016.


"With an eye toward towards the medium term, ambitious structural policies are needed in advanced and emerging countries alike Comprar Hombre Nike Air Max 270 Ultramarine , to encourage investment and reverse the slowdown in the growth potential output, which represents the wherewithal to make good on promises to the young, the old, and investors alike," Mann said.


by Alessandra Cardone


ROME, Aug. 22 (Xinhua) -- Three children, including a seven-month-old infant Comprar Hombre Nike Air Max 270 Triple Negras , were pulled alive from rubble in Italy's Ischia Island on Tuesday after an earthquake hit on Monday, killing 2 people and wounding 42.


Rescuers worked around the clock to reach the three brothers, and were able to save the youngest one during the night. The baby boy was unharmed, and reportedly in good health conditions.


The second child, seven-year-old, was rescued some 16 hours after the quake. Finally, firefighters pulled out the third brother Comprar Hombre Nike Air Max 270 Photo Azul , eleven, on Tuesday afternoon local time.


The three children were among a family of seven, who had remained trapped under a collapsed building. All of them were saved, including the children's parents.


The temblor struck at 8:57 p.m. local time on Monday at a depth of about 5 km off Ischia, which lies in the Gulf of Naples, the Italian National Institute of Volcanology and Seismology (INGV) stated.


Two people lost their life.


A 59-year-old woman was killed by falling debris in the collapse of a church in the municipality of Casamicciola Terme, the Civil Protection agency confirmed. She was a resident of the island Comprar Hombre Nike Air Max 270 Midnight Marino , and mother of six, according to Italy's Ansa news agency.


The second victim was a woman of 65 from northern Italy who was spending holiday in Ischia. Her body was spotted under the rubble of a collapsed house, spokesperson for the Fire Dept. Luca Cari confirmed to Italian TV news channel Sky TG24.


Overall, some 42 people were injured in the quake, the local health service in Naples said in a statement on Tuesday.


Sixteen of them needed hospitalization, and one was admitted to Naples' Cardarelli hospital since Monday night due to critical conditions.


Some 2,000 people were evacuated from Casamicciola and 600 people from Lacco Ameno Comprar Hombre Nike Air Max 270 Light Bone , which were the hardest-hit municipalities on the island, Civil Protection chief Angelo Borrelli told a press conference.


At least 1,051 tourists were brought to the town of Pozzuoli early on Tuesday night, and assisted by the Italian Red Cross.


Extra ferries from Naples had in fact been organized since after the seismic event to allow frightened tourists to leave Ischia as soon as possible, and to bring in relief teams.