G20 London: World trade is in "free fall" and will slump this year 09 at the fastest rate since records began

OECD forecast the biggest slide in global economic output since the Second World War and double-digit unemployment across the Western world, urged the world leaders congregating in London on Wednesday 2-4-09 towards urgent action.

French President Nicolas Sarkozy threatened to walk out unless his proposals for a reconsideration of global capitalism

The OECD predicted that world trade will shrink by 13.2% in 2009

http://www.telegraph.co.uk/finance/financetopics/g20-summit/5085294/G20-leaders-facing-world-trade-emergency.html