More evidence of the weakening of the global economy emerged Thursday as financial markets waited to see whether the Federal Reserve will announce new measures to stimulate growth in the United States.
A report from the Organization for Economic Cooperation and Development pointed to a slowdown in the coming months in Italy, China, India and Russia, with weak growth in France, and Germany — the two biggest economies of the struggling, 17-nation euro area.
Source: New York Times. Read full article. (link)