Skip to main content

Home/ Graded IR Class/ Fall in Oil Prices Poses a Problem for Russia, Iraq and Others
sabrinacarneiro

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

International Relations

started by sabrinacarneiro on 27 Jan 15
  • sabrinacarneiro
     
    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.

To Top

Start a New Topic » « Back to the Graded IR Class group