31. The United States and other oil-importing countries want OPEC to increase output this summer, arguing that cheaper oil would help a global economic recovery. 32. There is also a controversy over whether the European Central Bank should cut interest rates to help speed a global recovery. 33. Worries are mounting in Europe that the persistent imbalance between a weak euro and strong dollar could sabotage a global economic recovery by boosting prices of U.S. exports overseas. 34. Global finance chiefs pledged Saturday to step up the fight against terrorist money networks while protecting a nascent global economic recovery. 35. He added the global economic recovery and a bottoming out in the slump in the electronics industry should help export orders during the current quarter. 36. However, he cautioned mounting tensions in the Middle East have presented a fresh uncertainty for the ongoing global economic recovery. 37. Inside the meeting, ministers sought to chart a safe course for the nascent global economic recovery without dashing prospects on the rocks of a threatening Japanese economy. 38. A global economic recovery powered the overall air of optimism. 39. A global economic recovery is underway, with core US growth expected to firm throughout the year, John Taylor, Treasury undersecretary for international affairs, said Thursday. 40. Analysts warn that a higher oil price could jeopardise a tentative global economic recovery. |