Economics
Rich Countries Sap Momentum From a Weakened Global Economy
- OECD gauge declines to lowest level in almost a decade
- Growth momentum is easing in most G-7 countries, OECD says
The euro area is lumbered by homegrown difficulties from a slump in the German auto industry to political unrest in France.
Photographer: Charley Triballeau/AFP via Getty Images
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There’s limited hope for an imminent turnaround in the global economy as the richest nations continue to lose momentum.