. Solar Energy 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
Hog waste producing electricity and carbon offsets

Scotch whiskey waste fuels biomass plant

Biofuels Make a Comeback Despite Tough Economy

Farming commercial miscanthus

POLITICAL ECONOMY
Robotic Loader System Achieves Composite Material Testing Milestone

Robonaut Wakes Up In Space

Sandia Labs' Gemini-Scout robot likely to reach trapped miners ahead of rescuers

Rehab robots lend stroke patients a hand

POLITICAL ECONOMY
First market report on High Altitude Wind Energy

Researchers build a tougher, lighter wind turbine blade

Wind Power Now Less Expensive Than Natural Gas In Brazil

BMW to power Leipzig factory by wind energy

POLITICAL ECONOMY
Fitch downgrades Toyota one notch to "A"

China auto sales up 4.2% in August

GM's China sales hit record for August

McAfee warns of hacker threat to autos

POLITICAL ECONOMY
Iraq eyes 3 mln bpd oil output by year-end: minister

Slovakia, Hungary agree on gas pipeline

Nate leaves two Gulf oil workers dead, one still missing

Polymer from algae may improve battery performance

POLITICAL ECONOMY
Miner Xstrata faces climate test case in Australiaq

Honeycomb Carbon Crystals Possibly Detected in Space

Has Graphene Been Detected in Space

Pioneers get close-up view of miracle material graphene

POLITICAL ECONOMY
Brussels seeks more say over energy deals

Google gives glimpse into 'cloud' energy use

Uncertain trends mar Argentine energy plan

Japan to lift power-saving decree earlier than planned

POLITICAL ECONOMY
West coast log, lumber exports soar in first half of 2011

Firewood Movement Leading Cause of Oak Infestation

Forests under threat from exotic earthworm invasion

60% of deforested Amazon used for cattle: study


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