The OECD said trade growth had slowed this year to around three per cent from five per cent in 2017 as tensions between the United States and its major trade partners weighed on confidence and investment. Photograph: ERIC PIERMONT/AFP/Getty Images

Global economic growth has peaked out in the face of rising trade frictions and emerging market turbulence, the OECD said on Thursday, trimming its ea(...)

Prof John McHale, chairman of the Irish Fiscal Advisory Council (right), with chief economist Diarmaid Smyth at a briefing on fourth Fiscal Assessment Report, at Whitaker Square, Dublin, yesterday. Photographer: Dara Mac Dónaill

The Government should not reduce the size of the packages of spending cuts and tax increases scheduled for the next two budgets, according to t(...)