Is Oil Low Price Going to Sustain the Economic Recovery?
... to finance their development, confiding in their revenues from oil sales to repay them and in the favorable interest rates, Venezuela being a prime example. Then even if not so financially exposed, some recessive effects are doomed to happen anyway. ... ... price is not sufficient to shake the economy at global level and induce growth again, barring some exceptions, most notably the U.S.A. “The revisions reflect a reassessment of prospects in China, Russia, the euro area, and Japan as well as weaker activity ...