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Is oil price plunge good or bad for global economy?

Saturday, November 29, 2014 - 05:50

THE crude oil price has fallen to a four-year low. That should be a good thing, apparently, for the world as it is supposed to help catalyse economic growth. There are, however, strong arguments to make a case that it may not, and could in fact thwart the projected pace of economic growth in

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