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Friday, July 28, 2017

The United States recognized the negative impact on the economy of low oil prices


With the corresponding statement was made by the Chairman of the Board of governors of the Federal reserve system of the USA Janet Yellen.

In her words, in General, in the world is an extremely complicated situation in connection with the fall in oil prices.

“Falling oil prices are impacting on exploration and production in the U.S. that means less investment and loss of jobs in industry and energy… In the countries-exporters of raw materials, the fall in oil prices has a negative effect on economic growth and their trade with partners that causes problems, “splash” into the world economy… the Picture is complex,” she said.

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