The Street -
12 Dec 2014 00:34
NEW YORK (TheStreet) -- Lower oil prices are good for the economy of those countries that import oil, but it isn't the same story for the countries that export oil and use it to balance their budgets. Mauro Leos, senior sovereign analyst at Moody's, explained to TheStreet TV's Brittany Umar that countries like Russia and Venezuela are being negatively impacted by the drop in oil prices. These two countries were already in trouble before the price of oil dropped, so this just adds additional p...
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