OECD laments fragile, uneven global recovery

The OECD today released its latest Economic Outlook in which the delicate state of the global economic recovery is highlighted.

The report said GDP growth across the OECD is expected to slow from an annual rate of 1.8% last year to 1.6% in 2012. The inconsistencies in recovery strength and pace were also repeatedly noted.

"The global economy is, once again, trying to return to growth, helped by a modest pick-up of trade and an improvement in confidence. It is doing so, however, at different spee