(EnergyAsia, April 25) — The International Monetary Fund (IMF) said the world’s current account imbalances will persist longer than in the past as a result of high oil prices, adding to the risks associated with these imbalances. In its World Economic Outlook for April 2006, the IMF noted that oil producing countries are more…
MARKETS: IMF says world’s current account imbalances will persist longer on high oil prices
Posted on April 25, 2006 by EnergyAsia