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Home » A European Economist's Perspective on the Global Economy

A European Economist's Perspective on the Global Economy

October 10, 2006

Dr. Daniel Thorniley,
senior global consultant of the Economist Corporate Network in Vienna, Austria,
presented Global Business Outlook" at the recent target='_blank"'>European
Power Transmission Distributors Association annual meeting in Austria.
Thorniley is a senior consultant to about 250 corporations including Dow,
Dupont, Glaxo SmithKline, Henkel and SKF. Some of the more interesting
observations gleaned by MDM Editor Lindsay Young:



  • The price of
    oil has fallen, and now stands about twice the price of a couple years ago. Oil
    on average will be $65/barrel in the next two years.
  • Commodity
    prices will not fall, but will rise from 1-5 percent ...
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Dr. Daniel Thorniley,
senior global consultant of the Economist Corporate Network in Vienna, Austria,
presented Global Business Outlook" at the recent target='_blank"'>European
Power Transmission Distributors Association annual meeting in Austria.
Thorniley is a senior consultant to about 250 corporations including Dow,
Dupont, Glaxo SmithKline, Henkel and SKF. Some of the more interesting
observations gleaned by MDM Editor Lindsay Young:



  • The price of
    oil has fallen, and now stands about twice the price of a couple years ago. Oil
    on average will be $65/barrel in the next two years.
  • Commodity
    prices will not fall, but will rise from 1-5 percent ...


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