November 23, 2024
tami sin youtube  twitter facebook
    ×

    Warning

    JUser: :_load: Unable to load user with ID: 47

    Oil price fall 'good news' for world economy: IMF

    December 22, 2014

    WASHINGTON: The plunge in oil prices since June may hurt some crude exporters but is overall a good thing for the world economy, International Monetary Fund managing director Christine Lagarde said on Monday.

    "There will be winners and losers, but on a net basis it's good news for the global economy," she said in Washington.

     

    Oil prices have fallen sharply since late June, losing around 30% as supplies increase and global demand for oil grows more slowly.

    dgi log front

    recu

    electionR2

    Desathiya