IMF: International economy weakening   

By The Holland Times Friday 13 January 2012, 09:01

The growth of the global economy will slow over the next few months, according to indicators from the Organization for Economic Cooperation and Development (OECD). But the US economy will show signs of recovery. 

The expectations are more positive for the world's largest economy than one month ago when the think-tank predicted further decline in the States. 

However, OECD maintains a gloomy outlook for the eurozone, as well as for Germany, France and Italy in particular. According to the group, indicators in those countries point to separate and significant downturns in growth.

In their report, OECD revealed India, Brazil and China will flourish economically in the months ahead.