23.11.2011 - IEA head: High oil prices for longer period will endanger econ recovery

High oil prices for a longer period of time could endanger the global economic recovery, the executive director of the Paris-based International Energy Agency, Maria van der Hoeven, said Tuesday. "If prices are for a long time at a relatively high level they then will endanger the economic recovery, especially in the poor countries and the emerging countries," van der Hoeven told a conference in Saudi Arabia's capital Riyadh...............................................Full Article: Source

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