International Economic Week in Review: More and More Solid News

            The OCED released their latest World Economic Outlook, which was largely upbeat.  The organization is projecting a 3.5% global growth rate for 2017.  While this is below past expansions, it is the highest level in seven years.  Low rates are helping to support developed countries while increased Chinese investment is boosting demand from commodity exporting emerging economies.  Brazil and Russia – two growth laggards for the last few years – are both seeing modest expansions thanks to improved commodity prices.  Trade reported one of its highest levels in seve