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OECD detects world economy slowing down
Posted By admin On December 12, 2011 @ 8:40 am In Money Watch | Comments Disabled
December 12, 2011
Leading indicators all point to a slowdown in the world’s major developed economies, the OECD said on Monday.
The composite index of leading indicators, designed to highlight turning points in performance, “point to a slowdown in economic activity in all major economies but with some variation” in individual countries, it said in a regular monthly report for December.
Indicators for the United States, China and Canada “continue pointing to slowdowns in economic activity around long term trends but with only marginal declines compared to last month,” the Organisation for Economic Cooperation and Development said.
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URLs in this post:
 AFP: http://www.rawstory.com/rs/2011/12/12/oecd-detects-world-economy-slowing-down/
 Euro Zone in Mild Recession, US May Follow: OECD: http://www.prisonplanet.com/euro-zone-in-mild-recession-us-may-follow-oecd.html
 More doom for global economy: http://www.prisonplanet.com/more-doom-for-global-economy.html
 China – Instead of Decoupling – is Crashing, Further Hurting World Economy: http://www.prisonplanet.com/china-instead-of-decoupling-is-crashing-further-hurting-world-economy.html
 China Slashes Lending Rate to Support Slowing Economy: http://www.prisonplanet.com/china-slashes-lending-rate-to-support-slowing-economy.html
 World Bank offers dire forecast for world economy: http://www.prisonplanet.com/world-bank-offers-dire-forecast-for-world-economy.html
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