| The International Energy Agency's (IEA) exceptional call on oil-exporting countries to provide more crude urgently in a bid to avoid further damage to global growth has come too late. Soaring food and fuel prices have already started to act as a drag on consumer spending and growth in the United States and other oil-importing countries.
Dallas Fed President Richard Fisher Thursday blamed high gasoline prices for having a "retarding effect" on the recovery..............................................Full Article: Source
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