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Friday's export figures showed an especially large fall in shipments to Europe -- down 20percentt.
A large fall in investment, along with weaker consumer spending, was the main reason for the weaker outlook.
The surprisingly large fall in second-quarter GDP in Britain is a blow to its euro-zone trading partners.
That will bring some relief to hard-pressed consumers, who suffered a large fall in real income during 2011.
Shares in Clarkson, the world's biggest shipbroker, lost a fifth of their value after it warned that weak global trade would cause a large fall in annual profit.
"One of the things we are seeing in the UK is a very large fall in youth unemployment," he told the Today programme.
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Others also suffered large falls in output – such as Germany (4.9%) and Japan (5.3%).
Queensland, like WA, continued to see its final demand fall with the small rise in household consumption unable to cover the large falls in capital expenditure.
Bratton said US police chiefs had shown their British counterparts the way, securing large falls in crime despite facing falling budgets.
Linden talked about the borough's Integrated Gangs Unit, whose existence since 2011 has coincided with large falls in recorded gun-related and knife injury crimes.
Not all the sufferers are high-technology firms Citigroup, Bank of America and Continental Airlines all opened the week with announcements of large falls in profitability.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com