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United Nations Framework Convention on Climate Change News
IEA
'World economic recovery more fragile than expected'
Global economic recovery has been more fragile than expected and oil inventories remain very high, according to Nobuo Tanaka, executive director of the International Energy Agency (IEA).He also cautioned about the creation of an asset bubble in commodities following the second round of quantitative easing by the US Federal Reserve."The economic recovery has been a bit more fragile than people thought,"
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