Gaddafi says fear drives world economic system
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SEBHA, Libya  - Libyan leader Muammar Gaddafi criticized the world financial system as a dictatorship based on fear on Friday but said Libya's only pragmatic choice after sanctions was to accept the unfair reality of world trade.
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The world economy will face higher prices than in the past decade as more oil comes from &quot;politically unstable&quot; countries, such as Saudi Arabia and Russia, and production costs rise, the International Energy Agency warned on Tuesday.
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The outlook for the global economy this year is decidedly dour, but leading economists at the World Economic Forum in Switzerland had mixed views Wednesday about the possibility of a global recession.
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World leaders expressed confidence Sunday they would emerge from an economic summit overshadowed by violence in the Middle East with a consensus position calling for peace &amp;#151; despite differing views on who shares the blame.
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The global economy is set for another   year of strong growth, the International Monetary Fund said on   Thursday, but it warned that rising inflationary pressures and   a U.S. economic slowdown posed growing dangers.
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The head of the International Monetary Fund urged the United States to limit its gaping budget deficit, which he said threatens the world economy.
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Higher oil prices pose the greatest threat to the world economy next year, but that will be only one of a number of risks facing global growth in 2005, namely depending too much
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Libya's leader tells a conference on migration that the world should not try to restrict international migration.
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The global economy is set for another   year of strong growth, the International Monetary Fund said on   Thursday, but it warned that rising inflationary pressures and   a U.S. economic downturn posed growing dangers.
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Still grappling with how to keep the global economy out of a crippling recession, the World Economic Forum confronted the urgent need to bring peace and stability to global hotspots like Afghanistan, Pakistan and the Middle East.
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Libyan leader Muammar Gaddafi said on  Wednesday his plan for a United States of Africa should include  creating a two million strong army to staunch recurrent  conflicts which have ravaged many of the continent&#39;s nations.
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How the world adapts to slowing US growth is a key issue for the global economy, the IMF says.
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Muhammad Yunus warned that the globalized economy was becoming a dangerous Âfree-for-all highway.Â
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Former U.S. Federal Reserve Chairman Alan Greenspan said on Wednesday he feared a "dramatic contraction" in Chinese stocks but said the global economy may be able to shrug off a drop in asset prices.
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Some suggest that excess liquidity could threaten the world's economy.
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Tight oil supplies could leave the global economy worryingly vulnerable for years to come, a senior International Monetary Fund official said on Thursday.
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European nations should pay 10  billion euros ($12.7 billion dollars) a year to Africa to help  it stop migrants seeking a better life flooding northwards into  Europe, Libyan leader Muammar Gaddafi said on Saturday.