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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

AFP [1]
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.

Full article here [1]


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URL to article: http://www.prisonplanet.com/oecd-detects-world-economy-slowing-down.html

URLs in this post:

[1] AFP: http://www.rawstory.com/rs/2011/12/12/oecd-detects-world-economy-slowing-down/

[2] Euro Zone in Mild Recession, US May Follow: OECD: http://www.prisonplanet.com/euro-zone-in-mild-recession-us-may-follow-oecd.html

[3] More doom for global economy: http://www.prisonplanet.com/more-doom-for-global-economy.html

[4] 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

[5] China Slashes Lending Rate to Support Slowing Economy: http://www.prisonplanet.com/china-slashes-lending-rate-to-support-slowing-economy.html

[6] 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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