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                   OECD Sees Mostly Improving Global Economy

   by VOA News

   A new report is pointing toward improving economic fortunes throughout
   much of the world.
   The [1]Paris-based Organization for Economic Cooperation and
   Development said Tuesday that most major economies are advancing
   compared to late last year.
   The OECD, representing 34 of the world's biggest economies, said
   economic growth is firming in the United States, the world's largest
   economy.
   At the same time, the report on leading economic indicators said that
   economic growth in Japan, with the world's third largest economy,
   "should remain above trend."
   The OECD said it sees economic growth gaining momentum in Europe's
   17-nation euro currency union, currently mired in a recession with
   stagnant growth. The OECD said it sees improving conditions in Germany,
   the eurozone's biggest economy, and Italy, the third largest.
   The report said it sees normal growth in England, Canada, Brazil and
   Russia, and an improving Chinese economy, the world's second biggest.
   It said economic growth is below trend, though, in India.
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   [2]http://www.voanews.com/content/oecd-sees-mostly-improving-global-eco
   nomy/1660774.html

References

   1. http://www.oecd.org/eco/economicoutlook.htm
   2. http://www.voanews.com/content/oecd-sees-mostly-improving-global-economy/1660774.html