IMF's Krueger says oil price not in 'danger area'

The International Monetary Fund (IMF) sees no immediate threat to the global economy from either the recent oil price surge or insecurity in Iraq, its acting Managing Director said on Tuesday 18 May.

"It (the oil price) is one of those things that we see as something to keep an eye on rather than something that we think is definitely in the danger area," Anne Krueger told Reuters after addressing a World Trade Organisation (WTO) meeting.

On Iraq, she replied "I don't think so" when asked wheth