(EnergyAsia, October 31, 2015, Saturday) — Still reeling from the effects of the global financial crisis of 2008, the World Bank said Central Asia is facing “strong headwinds” from a set of new challenges brought on by the continuing weakness in oil and gas prices, Russia’s recession and worsening relations with the West, the slowdown in China and Europe’s problems with refugees fleeing Syria and Iraq.
CENTRAL ASIA: World Bank expects region’s economies to face “strong headwinds” on new challenges from weak oil, Russia
Posted on October 31, 2015 by EnergyAsia