February 3rd, 2015 - 08:29 GMT New year, new economic jargon? Global economy enters 'transflation' phase The world is set to witness a new and rare economic phenomenon called ‘transflation’ in 2015 in the wake of tumbling oil prices, economists forecast on Monday. Read more
February 3rd, 2015 - 05:55 GMT The silver lining: low oil prices provide impetus for GCC economic diversification