Washington Post (January 19)
2015/ 01/ 19 by jd in Global News
The drop in oil prices is hitting Venezuela, Russia and Iran hard. These “three troublesome nations” rely on energy exports for 68-95% of their external revenue. Venezuela now “appears on the edge of a political chasm. Putin will try to fend off domestic upheaval with more foreign aggression. And Iran will make a fateful choice between forging a lifeline to the United States and Europe and consciously embracing isolation and harsh austerity.”
Tags: Aggression, Austerity, Chasm, Energy, Europe, Exports, Iran, Isolation, Oil prices, Putin, Russia, U.S., Venezuela
