00:00the challenge becomes greater for countries or limited financial resources more money spent
00:04supporting energy prices can mean less the middle east conflict is creating economic effects far
00:12beyond the region rising energy costs and disrupted trade are putting new pressure on economies
00:17oil and fuel prices are a major concern disruptions raise questions about global supplies for
00:22developing economies this increases costs this raises transportation and food expenses make
00:27some governments are responding with fuel subsidies price controls and tax measures to
00:32reduce the immediate impact but these policies can put additional pressure on government budgets
00:37the challenge becomes greater for countries or limited financial resources more money spent
00:42supporting energy prices can mean less available for infrastructure health care and education
00:48so this story is bigger than oil energy prices and trade are all connected inflation currencies and
00:55borrowing costs these are the key questions for us now
