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Crown princess Mary of Denmark speaks during the opening session of the OECD global forum for development. Photo: Ludovic Marin/AFP via Getty Images

Global growth is expected to plateau at 3.7% in 2018 and 2019, as political uncertainty and trade tensions begin to take a larger toll on productivity and investment, according to the Organization for Economic Co-operation and Development (OECD).

The big picture: Around the world, the OECD has revised GDP projections down from its May economic outlook. The new report finds that growing financial risks have slowed trade and roiled emerging markets, while wages remain stagnant and too many people are unemployed.

By the numbers: Real GDP growth projections for 2018 have been revised down in nearly every G20 country.

  • World: 3.7% (down 0.1%)
  • U.S.: 2.9% (down 0.1%)
  • Euro area: 2.0% (down 0.2%)
  • France: 1.9% (down 0.3%)
  • Germany: 2.1% (down 0.2%)
  • Canada: 2.1% (same)
  • U.K.: 1.4% (down 0.1%)
  • China: 6.7% (same)
  • Japan: 1.2% (same)
  • India: 7.6% (up 0.2%)

Go deeper

Trump political team disavows "Patriot Party" groups

Marine One carries President Trump away from the White House on Inauguration Day. Photo: Patrick Smith/Getty Images

Donald Trump's still-active presidential campaign committee officially disavowed political groups affiliated with the nascent "Patriot Party" on Monday.

Why it matters: Trump briefly floated the possibility of creating a new political party to compete with the GOP — with him at the helm. But others have formed their own "Patriot Party" entities during the past week, and Trump's team wants to make clear it has nothing to do with them.

DOJ watchdog to probe whether officials sought to alter election results

Donald and Melania Trump exit Air Force One in West Palm Beach, Fla., on Jan. 20. Photo: Alex Edelman/AFP via Getty Images

The Justice Department's inspector general will investigate whether any current or former DOJ officials "engaged in an improper attempt to have DOJ seek to alter the outcome" of the 2020 election, the agency announced Monday.

Driving the news: The investigation comes in the wake of a New York Times report that alleged Jeffrey Clark, the head of DOJ's civil division, had plotted with President Trump to oust acting Attorney General Jeffery Rosen in a scheme to overturn the election results in Georgia.