2014-10 The world economy is growing slower than expected

The OECD - Organization of Economic Cooperation and Development, has published a new report.
Growth forecasts have been reduced for Canada, the Eurozone and the U.S., unchanged for China, and increased for India. The report provides statistics, but not explanation.
So: the world economy is bad. But not that bad. This is an example of how not to illustrate a story

OECD, in its report, said that the European Central Bank (ECB) should, to stimulate the lagging Eurozone economy, engage in quantitative easing: purchases of various long-term assets from banks and other financial institutions. As you may recall, this was the topic of the first two entries this year: 2014-01 and 2014-02. OECD is saying they should do more. In practice this means the ECB should buy sovereign (i.e. government) bonds of Eurozone countries, as the markets for asset-based securities are small.

Here is an illustration, from the Economist, of how the stimulus from the ECB has been lagging behind:

By the way, this week the Federal Reserve holds its meeting and will likely announce the end of its program of quantitative easing. The easing, which involved the purchases of securities for up to$85 billion a month, can be seen in the graph above, as the increase in the Federal Reserve balance sheet since 2013.