GCC economies are still a relative haven for foreign investors and a favored destination for direct investment, despite
the drag of low oil prices.
Not exact matches
The home
of Canada's once go - go energy industry has suffered this year from
lower oil prices, putting a
drag on incomes.
Critics
of the deal had expected Britain to try to renegotiate the
price, which they say was set too high before
oil prices fell,
dragging energy costs
lower.
Russia's stock market dipped on Monday morning,
dragged lower by the prospect
of fresh U.S. sanctions and
lower oil prices.
TORONTO — The chief economists
of some
of Canada's biggest banks say the country is headed for a rocky year as
low oil prices continue to
drag on economic performance.
Municipal bonds from
oil states such as New Mexico and North Dakota remain in positive return territory but are beginning to show the impact
of the economic
drag low priced oil has created.
«Business investment will remain a source
of drag, however, as the energy sector continues to adjust to
low oil prices.»
The
price of oil continues to
drag down Canada's economy and our loonie is teetering at historically
low levels, yet Canadians still can't stop talking about real estate.