21. If the United States is able to lead global economic recovery, it will lose its status as the only relatively safe place for investments. 22. In Hong Kong, shares fell on worries that higher oil prices could harm the global economic recovery. 23. Investors worried that escalating violence in the Middle East could disrupt oil supplies and hurt the global economic recovery. 24. Investors mostly held back amid rising tensions in the Middle East, fearing that the unrest could quash a global economic recovery, traders said. 25. Jeanniot said the upbeat recovery forecast was based on the assumption of a successful military campaign in Afghanistan, a rapid global economic recovery and restored consumer confidence. 26. Some analysts also attributed strength in Japanese equities to the improved U.S. economic outlook, which they hope will lead the way to global economic recovery. 27. Some economists and policymakers had feared the sagging euro threatened to undermine global economic recovery by making U.S. products expensive overseas, and by raising costs for European businesses. 28. Some investors held back amid rising tensions in the Middle East, fearing the unrest could quash a global economic recovery, traders said. 29. The cartel said then that members were not convinced the global economic recovery was strong enough to warrant pumping more oil. 30. The global economic recovery will boost spending on information technology and increase demand for Indian-produced software, an industry leader said Friday. |