A European Economist's Perspective on the Global Economy
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:
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.
prices will not fall, but will rise from 1-5 percent ...