The rise in oil prices wouldn't be quite as calamitous in Japan as it would in the U.S., where the people are more energy-dependent, ... Even though Japan may be efficient in its use of oil, like everyone else it still crimps your monthly budget. They're paying more for gasoline, so they're not immune to that.
More Quotes from David Cohen:
It's still a fluid situation. It's still going to be a while yet before the free trade area is actually implemented. By the time it's relevant I would think some of these other countries would want to participate and the bargaining will continue.David Cohen
China and the U.S. will continue to be the main engines of global growth next year'. The slowdown in growth is minor and China's demand for oil and metals will continue to pressure global commodity markets.
David Cohen
The economy is finishing the year on a strong note. Exports have gotten back on track quite nicely, including electronics, which had a bit of difficulty at the start of the year. This parallels the pattern we've seen around the region, where exports have
David Cohen
But undeniably they're going to be the second-largest economy in the world in a few years. And then the question is, At what point do they surpass the U.S. in size
David Cohen
Chile is one of the wealthier economies in Latin America and they would represent a market for the products coming out of Asia. This region is increasingly the manufacturing center of the world and certainly that would be part of any agreement.
David Cohen
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