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	<title>European public parley &#187; What is the near-term global economic outlook?</title>
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		<title>What is the near-term global economic outlook?</title>
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		<pubDate>Tue, 25 Sep 2012 19:49:38 +0000</pubDate>
		<dc:creator><![CDATA[realender]]></dc:creator>
				<category><![CDATA[What is the near-term global economic outlook?]]></category>

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		<description><![CDATA[The global economy has weakened since spring, led by developments in the euro area where recession is again taking hold. Ongoing balance-sheet adjustments and renewed declines in consumer confidence have kept household demand soft in many countries. Business investment growth has also been slowing, except in Japan where post-disaster reconstruction continues. In the euro area, [&#8230;]]]></description>
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