PARIS: Lower prices at the pump may be pleasing to American and European consumers, putting breeze in the sails of a limp economic recovery, but the plunge in crude prices has now become a threat to the global recovery.
“We are in a situation today where there can only be bad news in the short term,” said Jean-Michel Six, chief economist for Europe, the Middle East and Africa at ratings agency Standard and Poor’s.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.