BRICS gap widens as developed economies take lead; Oil price plunge to transfer $1.5 trillion to consumers
DAVOS, Switzerland--(BUSINESS WIRE)--With many of today’s economic trends reminiscent of the 1980s and 1990s, we are looking at a ‘Back to the Future’ scenario for the global economy says Chief Economist Dr. Nariman Behravesh of IHS, Inc. (NYSE: IHS), the leading global source of information and analytics.
“Once again the US is a locomotive of global growth, the dollar is resurgent and US oil production is set to be the highest in the world,” he said at the World Economic Forum in Davos, Switzerland.
IHS Inc.
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