OECD sees global economy held back by slow eurozone

The market economy group downgraded its growth forecast for most big economies, the BBC reports. Conflicts in Ukraine and the Middle East and the referendum on an independent Scotland are areas of risk and uncertainty, it said. Its 2014 estimate is a 0.8% increase in the eurozone economy for 2014, compared with a forecast of 1.2% made in May. The UK's forecast was cut by 0.1 percentage points to 3.1%. US economic expansion for 2014 was cut to 2.1% from 2.6%. Japan's forecast was cut to 0.9% from 1.2%. The OECD did not provide an update to its forecast for global growth for 20...