FastSaying

oil prices have become certainly a threat to the world economy.

Rodrigo Rato

Rodrigo Rato

EconomyOilWorld

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Oil prices have certainly become a threat for the world economy.
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So the American economy needs the world, and the world needs the American economy.
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We have seen a strong increase in oil prices and up to this year we see that the world has been able to absorb that.
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And then you might decide that the country can just spend maybe years or decades to regain that credit, or maybe give that county the support, the financial support that the market is not willing not do.
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We see a recovery in Europe, not very acute but a recovery, and we see a more broad-based recovery in Japan.
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