<span style="color: #222222;">The Organisation for Economic Co-operation and Development, OECD, has again cut its 2019 forecast for global economic growth due to ongoing trade tensions and Brexit uncertainty. </span><br />'' <br />'' <span style="color: #222222;">In an interim version of its Economic Outlook today, the OECD lowered its forecast to 3.3 per cent for this year, down from the 3.5 per cent it predicted in November, which was itself a downgrade from a previous 3.7 per cent. </span><br />'' <br />'' <span style="color: #222222;">It warned that trade tensions and political uncertainty including Brexit are weighing on the world's economy. </span><br />'' <span style="color: #222222;">  </span><br />'' <span style="color: #222222;">The OECD, which groups the world's top developed economies, revised growth estimates lower in almost all of the countries in the G20 group of industrialised and emerging nations. </span><br />'' <br />'' <span style="color: #222222;">The 19-nation eurozone was particularly hard hit, with predicted growth dropping from 1.8 per cent to one per cent.</span><br />'' <br />'' <span style="color: #222222;">The growth forecast for European powerhouse Germany sank to 0.7 per cent from 1.4, while Italy's fell from 0.9 per cent growth into a recession at minus 0.2 per cent. </span><br />'' <br />'' <span style="color: #222222;">Britain's growth forecast was chopped from 1.4 to 0.8 per cent, which would mark the first time it had fallen below one percent since 2009 following the global economic crisis. </span>