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Vol. 10, No. 46 Week of November 13, 2005
Providing coverage of Alaska and northern Canada's oil and gas industry


IMF: oil prices endanger global economy

International Monetary Fund chief Rodrigo Rato says governments need to boost employment in response to signs of social tension

By Laurence Frost

Associated Press Business Writer

IMF chief Rodrigo Rato warned Nov. 4 that high oil prices are endangering the global economy and urged governments to boost employment in response to increasing signs of social tension such as the riots in France. The world economy has broadly withstood a steady two-year rise in oil prices, the Int....

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Hurricanes caused crunch


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