Fall in Oil Prices Poses a Problem for Russia, Iraq and Others - 2 views

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  #1 sabrinacarneiro on 27 Jan 15

   

  http://www.nytimes.com/2014/10/16/world/europe/fall-in-oil-prices-poses-a-problem-for-russia-iraq-and-others.html?smprod=nytcore-iphone&smid=nytcore-iphone-share&_r=0 From Moscow to Caracas, Riyadh to Baghdad, in Tehran, Algiers, Kuwait City and Lagos, political leaders, finance ministers and central bankers have been scrambling to confront the plunge in prices - roughly 25 percent since a peak in June - driven by increased production in the United States and by projections of sustained cuts in demand in many developed countries, as well as decelerating growth in China.

   

  <div class="cArrow"> </div><div class="cContentInner"><a target="_blank" href="http://www.nytimes.com/2014/10/16/world/europe/fall-in-oil-prices-poses-a-problem-for-russia-iraq-and-others.html?smprod=nytcore-iphone&smid=nytcore-iphone-share&_r=0" rel="nofollow">http://www.nytimes.com/2014/10/16/world/europe/fall-in-oil-prices-poses-a-problem-for-russia-iraq-and-others.html?smprod=nytcore-iphone&smid=nytcore-iphone-share&_r=0</a> From Moscow to Caracas, Riyadh to Baghdad, in Tehran, Algiers, Kuwait City and Lagos, political leaders, finance ministers and central bankers have been scrambling to confront the plunge in prices - roughly 25 percent since a peak in June - driven by increased production in the United States and by projections of sustained cuts in demand in many developed countries, as well as decelerating growth in China.</div>

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