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Oil price level not harmful to world economy: OpecThe current level of oil prices is not harmful to the global economy and on the contrary supports energy investments, the secretary general of oil exporting group Opec said on Thursday. Oil prices have averaged about $110 per barr More… |
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Oil price level not harmful to world economy: OpecThe current level of oil prices is not harmful to the global economy and on the contrary supports energy investments, the secretary general of oil exporting group Opec said on Thursday. Oil prices have averaged about $110 per barr More… |
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World economy 'at crossroads'The world economy is at a crossroads, with every major region of the world at a potential turning point, according to a new report. Deloitte’s newly-released Global Economic Outlook Q4 201 More… |
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World economy 'to trudge on in 2012'Europe faces another year of dismal economic performance in 2012 that will weigh on global growth, but emerging markets and the US should at least keep the world economy moving in the right direction. There are several reasons why next yea More… |
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Factories stalling worldwide; China joins inManufacturing activity is contracting across Europe and most of Asia, data showed on Thursday, and a Chinese official declared that the world economy faces a worse situation than in 2008 when Lehman Brothers collapsed. Factory activity shr More… |
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Weak world economy ‘likely to curb oil demand’A fragile global economy is likely to suppress oil demand growth to 1.3 million barrels per day (bpd) in 2012, lower than this year, the Organisation of the Petroleum Exporting Countries (Opec) said in its first forecast for next year. Oil More… |
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World economy to grow at slower pace says DHLDHL Express, a division of Europe's biggest mail and express delivery company Deutsche Post, expects the world economy to grow in 2011 but at a slower pace than last year, chief executive Ken Allen said on Tuesday. DHL Express, market More… |
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World economy ‘can withstand $100 oil price’The global economy can withstand an oil price of $100 a barrel, Kuwait's oil minister said on Saturday, as other exporters indicated global production was unlikely to rise in 2011 because the market was well supplied. Analysts have sai More… |
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World economy not out of woods: IMF chiefInternational Monetary Fund head Dominique Strauss-Kahn said the world economy was not "out of the woods" despite a faster recovery in developing and emerging countries than earlier forecast. He told reporters during a v More… |
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Global economy prospects 'unusually uncertain'The World Bank warned on Monday prospects for the global economy remained 'unusually uncertain' despite recent signs of improvement in parts of the world and cut its 2009 growth forecasts for most economies. The World Bank, which h More… |
