Dubai’s debt problems are far from resolved, but lower oil prices will not necessarily trigger a fresh crisis, according to Capital Economics

Source: www.arabianoilandgas.com

For countries that where built on oil money generating free money for investments and subsidies, it is quite hard to believe that an oil slump, especially a lengthy one, will not have any effect on these countries.

See on Scoop.itPublic-Private Duality, Economic Crisis, and New Financial Trends


Discover more from Cornellian Perspectives

Subscribe to get the latest posts sent to your email.

Leave a comment

Trending

Discover more from Cornellian Perspectives

Subscribe now to keep reading and get access to the full archive.

Continue reading