Saturday, 7 September 2013

Summary


The more crucial risk that today’s economy faces is due to the increase in oil prices. The reason is fear. Geopolitical shock in the Middle East were reasons for the past three spike in oil prices, even the recent global recession too. The recent attack on Israeli embassies had prevented Iran from developing nuclear weapon. Otherwise, US will have to carry out military that uses force to stop Iran.. Oil prices could rise and cause a US and global growth slowdown and even outright recession. 

1 comment:

  1. The more(ww) crucial risk...
    for the past three spike(wf).
    The recent attack on Israeli embassies had prevented Iran from developing nuclear weapon(wf) REALLY!!!
    Otherwise, US will have to carry out military (^) that uses force to stop Iran..

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