US and the world will survive turmoil

Jim Turley, chairman and chief executive of Ernst & Young, says that the turmoil felt in the global economy in response to the events in the Middle East is the result of global connectedness. Ed Crooks, the FT's US industry energy editor, analyses his recent discussion with Mr Turley. Confident in both the economic foundations of the US and continued global cooperation, Mr Turley feels the ripples travelling over the world will have little impact on long-term economic stability.