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Blame high oil prices for recession, CIBC says - Globe and Mail

Story date: 2008-11-03 01:47:00
Added on: 2008-11-04 22:19:22


OTTAWA — Forget blaming the global recession on dubious mortgage practices in the United States - blame high oil instead, says Jeff Rubin, chief economist at CIBC World Markets. “The recent spike in oil prices doesn't seem to get any credit for ...


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