From Japan to Germany, from economic numbers to profit warnings,there's no shortage of evidence that the world is feeling the painof a slump in trade.

In Asia, South Korea and Japan reported declines in exports,while European powerhouse Germany is seeing manufacturing shrinkthe most in six years. Shipping giant Maersk said Thursday thatprofit will fall short of expectations, and Chief Executive SorenSkou said the outlook for this year is bleaker.

A UBS tracker puts global growth at the weakest in a decade, andthe worries have overwhelmed the world's central bankers. OnWednesday, minutes of the Federal Reserve's last policy meetinghighlighted slower growth in China and Europe, trade disputes, and complications from Brexit.