Tag Results for International Energy Agency (5)

  1. World Bank Sharply More Pessimistic on Economic and Energy Outlook

    The World Bank has issued a report this week that takes a much darker view of the future than that in a recent report from the International Energy Agency, which indicated that strong economic growth would soon resume, driving oil prices back higher as wellâ''along, possibly, with prices in general. The World Bankâ''s Global Economic Prospects report, to the contrary, concludes that the global commodity boom of the last five years is over, period. That means for at least the next year or two, sharp declines in world trade and little or no growth in production, and …

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