Not exact matches
After chopping spending by almost one - third to cope with a crash in
oil prices and billions in writedowns that sent profits to the
weakest since last decade, China's energy giants
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Weak demand across residential, office and retail sectors has been evident since the decline of
oil prices at the end of 2014 and
continues to impact government spending and general sentiment, says the Abu Dhabi Real Estate Market Overview Q3, 2016.
Low
oil prices have taken their toll on an already
weak Canadian economy, where household debt levels are at record highs and business investment
continues to lag.
As long as Canada remains
weak because of low
oil prices, a weakened currency and a general slowdown of the world economy, we'll
continue to see opportunities in the beaten down Canadian banking sector.
That's because low
prices for
oil should
continue to offset government stimulus spending as well as increased exports due to the
weak Canadian dollar.