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Roubini Sees Oil Falling Further 20%, Hurting Russia: Video

Nov. 28 (Bloomberg) -- Nouriel Roubini, the New York University professor who predicted the current financial crisis in 2006, talks with Bloomberg's Ellen Pinchuk about the outlook for oil prices and emerging market economies.

Crude oil fell on speculation OPEC won't be able to halt the slide in prices as the global recession cuts fuel demand. Roubini speaks in Moscow. (Source: Bloomberg)


00:00 Challenges facing emerging market economies
01:16 Financial pressures across emerging markets
01:59 Sees "significant" slowdown in Russia, policy
03:25 Sees oil falling a further 20%, India attacks
04:32 Sees a "sharp" slowdown in India next year

Running time 04:59

Last Updated: November 28, 2008 05:58 EST

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