The concern for everyone is that a rise

"The concern for everyone is that a rise in oil prices would pose a risk to economic recovery," Capital Economics Ltd. economist Julian Jessop, said by phone from London yesterday. "It remains to be seen if the current rate of growth will continue if oil prices stay at today's levels or even rise."BRICS nations discussed the risk posed by a Syrian strike on the sidelines of the G-20 summit, Putin's spokesman Dmitry Peskov said. They agreed that it would lead to an "extraordinary negative influence on the economy," he said.

Capital Economics' Jessop calculates that in the worst-case scenario, a jump to $150 a barrel, would threaten "stagnation" by knocking 1 percentage point off international expansion.China's Zhu said his country is in consultations with the IMF on the fallout from Syria and cited the Washington-based lender's forecasts that a $10 per barrel increase in oil would wipe a quarter percentage point off global growth."The emerging economies are slowing down and the tapering of advanced economies' central banks certainly isn't helping them," Domenico Lombardi, the director of the Global Economy program at the Waterloo, Ontario-based Centre for International Governance Innovation, said in St.

Emerging-market stocks rose to a two-week high, led by Indian lenders, and the rupee rallied after the nation's new central bank governor outlined plans to bolster the financial industry. The MSCI Emerging Markets Index climbed 1 percent to 946.20 yesterday.Growth RecoveryEmerging-market economic growth recovered in August from the first contraction since 2009 as business conditions improved in China and Russia, offsetting declines in Brazil and India, HSBC Holdings Plc (HSBA) said yesterday, citing a survey of purchasing managers.

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