By Keith WeirLONDON (Reuters) - Germany is in recession and China's industry output growth has waned to its weakest in seven years, data from the world's top exporting nations showed on Thursday, providing further evidence of a global economic slide.
Adding to the bleak picture, the Organisation for Economic Cooperation and Development (OECD) slashed its economic output forecasts for the United States, Japan and euro zone, predicting a tumble into recession for all three.
The worst financial crisis in 80 years, which rippled around the world following the collapse of the U.S. housing market, is taking a heavy toll on economic activity.
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