The Economist (October 25)
2014/ 10/ 26 by jd in Global News
“America and its friends benefit from falling oil prices; its most strident critics don’t.” The price of crude has dropped substantially, about $30 a barrel, since June. While the IMF estimates the cheaper crude will benefit global GDP overall by 0.2%, there are some winners and losers. The biggest losers “are three vitriolic critics of America: Venezuela, Iran and Russia.”
