OECD reviews March growth forecasts upward. - In its economic forecasts published at the end of June, the Organisation for Economic Cooperation and Development (OECD) reviewed its growth forecasts upward for the first time since March 2007. Although there will be contraction of GDP by 4.1% in the OECD zone in 2009, 2010 should show growth of +0.7% compared to the previously announced fall of -0.1%. The recovery movement will come from the United States and emergent countries such as China. European countries are expected to remain more in the background. The eurozone is in fact one of the few economic zones where growth prospects have fallen again compared to March forecasts (-4.8% instead of -4.1% in 2009). In the United States, for 2009, forecasts showed a fall of -4% of GDP in March but now forecast a limited decline to -2.8%. For 2010, the OECD predicts a slight improvement (+0.9%) for the United States but zero growth for the eurozone. For Japan, the worst is now over. It is expected to start climbing from -6.8% in 2009 to +0.7% in 2010. In the emergent countries, Brazil is forecast to go from -0.8% in 2009 to +4% in 2010, China from +7.7% to +9.3%, and Russia from -6.8% to +3.7%. (I.L./transl.jl)