Looking the World - Russia - G-8 calls fot stable oil supply
Eyes solid world economy growth
Moscow,Russia -KYODO/TNA -12 Feb 2006: -- The world's Group of Eight (G8) finance ministers on Saturday called for greater investments by oil producers in drilling, transport and refining to ensure stable supply and improved energy efficiency among consumers in a joint quest to curb ''high and volatile'' oil prices... While confirming solid world economic growth in 2006, the ministers said after a two-day meeting in Moscow that rising oil prices, sparked most recently by the standoff over Iran's nuclear program, and the spread of avian influenza from Asia to parts of Europe and Africa pose a threat to economic growth and financial markets... ''Overall global growth remains solid and this is expected to continue in 2006,'' the financial chiefs of Britain, Canada, France, Germany, Italy, Japan, Russia and the United States said in a joint statement issued after the talks. ''Risks remain, including high and volatile energy prices"...
posted by Unknown @ 12:28 PM
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