World economy slowing down: OECD

Signs of slowdown in leading economies around the world are gathering speed, the OECD warned in clear terms on Monday. The composite index of leading indicators, a strong guide to coming economic performance, "continue pointing to a slowdown in economic activity in most OECD countries and in major non-member countries," the OECD said in its monthly report for September.
From the index reading the previous month, the leading indicators "point more strongly to slowdowns in all major economies," the Organisation for Economic Co-operation and Development said. In the United States, Japan and Russia the indicators suggested that growth of activity was slowing down towards long-term trends.