Oil price crash: Saudis told to embrace austerity as debt defaults loom

Oil price crash: Saudis told to embrace austerity as debt defaults loom
IMF officials have been in Azerbaijan this week amid fears Baku will need a $ 4bn international rescue package to stave off a debt default. During the world’s last major oil price crash in 1986, 17 out of 25 of the developing world’s major oil producers …
Read more on Telegraph.co.uk

U.S. GDP, Housing, Carney, Women’s Forum: Week Ahead Feb. 20-27
The U.S. economy probably closed out 2015 in weaker fashion than the government first estimated, with the latest report on fourth-quarter gross domestic product now projected to show the slowest growth in almost two years. Purchases of previously owned …
Read more on Bloomberg

Please follow and like us:

Leave a Reply

Your email address will not be published. Required fields are marked *