Friday, December 18, 2015

Lower Oil Price is a permanent state of Affairs

Nouriel Roubini, chairman and chief economist of Roubini Global Economics said that oil producing countries must realise this lower price is a permanent state of affairs. “It’s not transitory, therefore you have to adjust to it rather than just finance it”

 Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

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