. Medical and Hospital News .




.
POLITICAL ECONOMY
OECD points to general slowing of main economies
by Staff Writers
Paris (AFP) Sept 12, 2011

The main economies in the world are set for a general slowdown, the OECD said on Monday on the basis of its leading index of underlying signals in its member countries.

The Organisation for Economic Cooperation and Development, which already warned of potential pockets of recession last week, said that its composite index of leading indicators continued to signal a slowdown in July in most of the 34 OECD member economies.

Compared to last month's estimate, Canada, France, Germany, Italy, Britain, Brazil, China and India were "pointing more strongly to a slowdown in economic activity", the OECD said.

The United States and Russia were also pointing more clearly to a slowdown in economic activity compared to last month, it said.

Japan, where the economy has been rebounding from the devastating effects of a tsunami last March, was showing signs of a potential turning point and could be slipping towards a downward slope, the OECD said.

Last month, the United States, Russia and Japan were considered to be at turning points. The other major economies were already deemed in slowdown based on the OECD's composite of leading indicators.

On Thursday, the OECD warned in a gloomy analysis of world growth that the eurozone debt crisis threatened to create pockets of recession and a great degree of uncertainty.

In last week's report, the Paris-based organisation revised 2011 growth forecasts downward for most major economies, even warning of recession in Germany, a country that had seemed to have weathered the economic crisis of the past three years.

Related Links
The Economy




 

.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



POLITICAL ECONOMY
Outside View: U.S. economy needs overhaul
College Park, Md. (UPI) Sep 9, 2011
U.S. policy needs a complete overhaul to save the economy from a second Great Recession but instead U.S. President Barack Obama promises more of the same policies that have failed - stimulus spending, higher taxes and onerous, ineffective business regulations and healthcare costs. Domestic demand for what U.S. workers and businesses can make remains inadequate to ensure full employment ... read more


POLITICAL ECONOMY
Research on US nuclear levels after Fukushima could aid in future nuclear detection

At least 11 dead in China ferry sinking: reports

PM visits tsunami-hit area as Japan mourns dead

UN agency tackles post-Fukushima safety, Iran

POLITICAL ECONOMY
Americans tap into location-based services: study

Northrop Grumman Business Unit Astro Aerospace Delivers Antennas to Lockheed Martin for GPS III

Researchers Improving GPS Accuracy In The Third Dimension

ASA Search and Rescue Software Used To Locate Capsized Boat Off Ireland

POLITICAL ECONOMY
Ancient human DNA still with us

Culturomics 2 forecasts human behavior by supercomputing global news

Ancient humans were mixing it up

Two Brain Halves Just One Perception

POLITICAL ECONOMY
Philippines urged to free giant crocodile

In S.Africa poaching fight, chemical makes rhino horns toxic

Circadian clocks in a blind fish

Philippines catches 'largest crocodile on record'

POLITICAL ECONOMY
Chinese HIV-positive man files discrimination suit

No sign Vietnam mutant bird flu greater threat: UN

Malaria discovery gives hope for new drugs and vaccines

Black Death confirmed as bubonic plague

POLITICAL ECONOMY
Tutu hopes S.Africa defies China over Dalai Lama

US ambassador Locke put on spot over China censors

China veteran rights activist jailed for 9 months

China struggles to tame microblogging masses

POLITICAL ECONOMY
Spanish warship rescues French hostage from pirates

Fifteen people seized aboard a boat in Colombia: navy

Crew of French yacht missing off Yemen: foreign ministry

Cameroon ship attacked off Nigeria, captain taken

POLITICAL ECONOMY
OECD points to general slowing of main economies

China says stabilising prices a priority

Outside View: U.S. economy needs overhaul

Walker's World: A dying economy


Memory Foam Mattress Review
Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News
.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement