Because of the situation in Iraq ... Outbox International Monetary warns of rising oil prices
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Because of the situation in Iraq ... Outbox International Monetary warns of rising oil prices
Admin Sun Oct 05, 2014 9:57 am
October 5, 2014, 16:11
International Monetary Fund warned on Sunday, that the struggle against al "Daash" The situation in Iraq may cause rise in global oil prices.
The Director of the Fund Christine Lagarde in an interview with the newspaper "Middle East", "The global economy continues to march recovery, but a recovery is still very fragile and unbalanced and too weak to provide a panacea to the problem of 200 million unemployed around the world," pointing out that "unbalanced recovery because there is great disparity between the rates of growth in different regions of the world, and the increase in inequality has become today affects 7 out of every 10 people in the world."
She Lagarde that "the conflict in Iraq and the ongoing civil war in Syria represent crises Ansanatin of epic in the first place, and they have repercussions and consequences in terms of the numbers of dead and displaced persons," indicating that "the conflict in Iraq has led to halt the expansion of oil production."
And warned Lagarde that the "intensification of the conflict and a further interruptions in the flow of Iraqi exports, may cause rise in global oil prices and declining confidence," pointing out that "this scenario will be discussed in the next issue of the report (WEO) due to be launched in the context of meetings Annual. "
The Iraqi Oil Ministry announced that, in the (October 2, 2014), about the rise in oil exports to more than 76 million barrels for the month of September, indicating that the oil revenues amounted to seven billion dollars, while confirming that oil exports to the Turkish port of Ceyhan is still parked because of operations "terrorist".
http://8th-day.com/?p=74884
International Monetary Fund warned on Sunday, that the struggle against al "Daash" The situation in Iraq may cause rise in global oil prices.
The Director of the Fund Christine Lagarde in an interview with the newspaper "Middle East", "The global economy continues to march recovery, but a recovery is still very fragile and unbalanced and too weak to provide a panacea to the problem of 200 million unemployed around the world," pointing out that "unbalanced recovery because there is great disparity between the rates of growth in different regions of the world, and the increase in inequality has become today affects 7 out of every 10 people in the world."
She Lagarde that "the conflict in Iraq and the ongoing civil war in Syria represent crises Ansanatin of epic in the first place, and they have repercussions and consequences in terms of the numbers of dead and displaced persons," indicating that "the conflict in Iraq has led to halt the expansion of oil production."
And warned Lagarde that the "intensification of the conflict and a further interruptions in the flow of Iraqi exports, may cause rise in global oil prices and declining confidence," pointing out that "this scenario will be discussed in the next issue of the report (WEO) due to be launched in the context of meetings Annual. "
The Iraqi Oil Ministry announced that, in the (October 2, 2014), about the rise in oil exports to more than 76 million barrels for the month of September, indicating that the oil revenues amounted to seven billion dollars, while confirming that oil exports to the Turkish port of Ceyhan is still parked because of operations "terrorist".
http://8th-day.com/?p=74884
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Re: Because of the situation in Iraq ... Outbox International Monetary warns of rising oil prices
Admin Sun Oct 05, 2014 10:25 am
They had the WEO now we are just waiting on the report!
September 25, 2014
Title: World Economic Outlook/World Economic and Market Developments; Global Financial Stability Report; Fiscal Monitor
http://www.imf.org/external/NP/SEC/bc/eng/Prev.aspx#top
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