WHAT IS DEFLATION? Articles are from investopedia. Deflation is an economic term used to describe a period of declining prices for goods and services. Decreases in the money supply, government spending, consumer demand and business investment have all been cited as causes of deflation. Deflation usually happens during an economic depression when there is lower…
OPEC Split as Oil Prices Fall Sharply Oil prices sank again on Monday, giving consumers more of a break and causing a slit among OPEC leaders about what action should be taken, if any, to halt the slide. The price drop has led to a near free fall in gasoline prices in the United States….
Published in straits times Jan 2015 The price of oil this week plunged more than 55 per cent to under US$50 a barrel since June last year. This is the lowest price since the depths of the 2009 recession, and some analysts are saying the rout could continue to US$35 a barrel in the near…
2016 same as 2009? http://www.mas.gov.sg/News-and-Publications/Speeches-and-Monetary-Policy-Statements/Monetary-Policy-Statements/2016/MAS-Monetary-Policy-Statement.aspx