Is Oil Low Price Going to Sustain the Economic Recovery?
... 2014, optimism steadily raised over the unusually low prices of oil and their allegedly positive economic effects on the economies ... ... from oil sales to repay them and in the favorable interest rates, Venezuela being a prime example. Then even if not so financially ... ... doomed to happen anyway. For example, according to the IMF, in 2015 Russia will supposedly lose a chunk of its GDP amounting to 3%.... ... instead benefit, but deliberately chose not do so, most notably Saudi Arabia. Countries belonging to this group may be employing ...