The Fidelity South East Asia fund manager warns share prices and currencies are pricing in a crisis scenario despite solid fundamentals.
The OECD has urged global economies, particularly Europe, to take "credible steps" to curtail debt as it said the recovery has ground to a halt.
Growth in the UK has deteriorated for the sixth consecutive month while the global recovery has peaked, according to the Organisation for Economic Co-operation and Development (OECD).
At any point in time, the engine of economic growth depends on the strength of the four cylinders on which it is driven; the household sector, the banking sector, the government and the non-financial corporate sector.
The OECD today cut its second-quarter growth forecast for the UK to 1% from 1.3%, but said growth prospects for the G7 nations were rosier.
The UK's economic recovery slowed in the second half of last year and will remain 'subdued' throughout 2011, the Organisation for Economic Co-operation and Development (OECD) predicts.
The BlackRock Natural Resources Team looks at how investors can find value within different commodities at different times.
The UK's economic growth will be 'subdued' in 2011, held back by fiscal tightening and weak real income growth, according to a new OECD report.