Is Oil Low Price Going to Sustain the Economic Recovery?
During the last part of 2014, optimism steadily raised over the unusually low prices of oil and their allegedly positive economic effects on the economies of oil importing ... ... recessive effects are doomed to happen anyway. For example, according to the IMF, in 2015 Russia will supposedly lose a chunk of its GDP amounting to 3%. That would explain... .... Some others would instead benefit, but deliberately chose not do so, most notably Saudi Arabia. Countries belonging to this group may be employing this strategy to gain...