Thursday, 6 November 2014

Today Oil drop by 27%  since June which is good. the question dose we see the price change in Ethiopia? i don't think so because, from my experience the price of goods n services in Ethiopia once  inclined  never ever look back(declined). actually it's a very bad news for Oil exporter including  Russia, oil has a big impact in Russia economy. for the last 14 years around 52% of Russian economy depend on Oil and Gas and already lost $2b.

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