02.11.2010 - Global recovery could be derailed if oil prices rise too fast: IEA

From Channelnewsasia.com: The global economic recovery could get derailed if oil prices rise too fast, according to the International Energy Agency (IEA). It said the global economic recovery is proving to be more fragile than anticipated earlier, especially in Western nations. As Western central banks pump more money into their anaemic economies, more cash may go swirling into commodities such as oil. And that could push prices up...........................................Full Article: Source

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