Bernanke Says Terror, Protectionism Risk Global Trade

"The world is benefiting from an ``unprecedented'' pace of global economic integration that may be constrained by protectionism and terrorism, said Federal Reserve Chairman Ben S. Bernanke.

``The emergence of China, India, and the former communist- bloc countries implies that the greater part of the earth's population is now engaged, at least potentially, in the global economy,'' he said in prepared remarks to the Kansas City Fed's conference in Jackson Hole, Wyoming. ``International tensions and the risks of terrorism already constrain the pace of worldwide economic integration and may do so even more.'' "