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Obamanomics Fail: US, UK, China economies weakening further


The U.S, UK and Chinese economies are showing fresh signs of weakening while activity in the euro zone as a whole is firming up, the Organisation for Economic Co-operation and Development said on Wednesday. The OECD’s monthly leading indicator, a measure designed to flag turning points in the international economy, showed dips for the United States, the United Kingdom and other key economies such as China and Brazil in May.