News release: "The OECD has launched an online portal to give consumers, businesses and governments quick and easy access to the latest information on products recalled from the market in Australia, Canada, Europe and the United States. The portal, http://globalrecalls.oecd.org, is designed to promote and improve product safety. Deaths and injuries worldwide from unsafe products are estimated to cost more than USD 1 trillion each year, according to the OECD. Consumers will be able to check whether a product, such as a baby bottle or a bicycle, they plan to buy in a store or online has been taken off shelves in another country. Businesses, such as importers or retailers, will be able to react quickly and pull products as soon as concerns arise. The portal will also help improve co-ordination among regulators and governments so that dangerous products can be removed from sale and enforcement stepped up."