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The Boston Globe

Business

Group warns on outlook for global economy

Eurozone woes, US fiscal battles weigh heavily

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

In its half-yearly update, the Organization for Economic Cooperation and Development warned that the recovery will be ‘‘hesitant and uneven’’ over the coming two years and that a new major contraction cannot be ruled out.

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