Oil prices have certainly become a threat for the world economy.

I mean, the world has already done a big, big effort to forget debt to countries heavily indebted and with low income. And that has given good chances to countries to get out of poverty.

So the American economy needs the world, and the world needs the American economy.

To try to correct imbalances with trade restrictions is a grave error.

We also need a fund that can say 'no'.

Oil prices have certainly become a threat for the world economy.

We would certainly encourage the Italian government to put forward an ambitious agenda of reform.