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Mind the gap in multi-speed world economy after oil plunge - GMA News
The Daily Advertiser | Mind the gap in multi-speed world economy after oil plunge GMA News Russia's malaise is partly due to western sanctions over Ukraine but oil is probably a bigger factor in heralding a deep recession. The Kremlin needs something around $100 per barrel to make its budget work. A price of half that must mean steep tax ... Many factors contribute to impossibility of forecasting oil prices Oil price will be key to returns, inflation |
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