oil slump

  • Angolan Banks Call for Bailout as Oil Slump Cuts Liquidity

    Angolan Banks Call for Bailout as Oil Slump Cuts Liquidity

    Tuesday, 31st January 2017
    Angolan banks are appealing to the government to help put together a bailout package to protect account holders as lenders reel from low oil prices that make up almost all of the nation’s foreign-exchange earnings.