Global Economy Shows More Signs of Slowdown

Further signs of economic slowdown emerged on Wednesday with news of waning Chinese and U.S. demand for oil and an OECD report that the outlook had taken a turn for the worse across the big industrialised countries.

The Organisation for Economic Cooperation and Development said its monthly indicator of economic prospects fell in March in all of the Group of Seven powers — the United States, France, Germany, Italy, Britain, Canada and Japan.
Reuters